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This paper presents an analysis of existing financial incentive policies in the U.S. for integrated photovoltaic and battery energy storage (PV-BES) systems. A mathematical model of PV-BES system to evaluate annual energy performance is developed in this paper. Four types of buildings (i.e., hospital, large office, large hotel, and secondary school) located in four different states, which each has their own PV and/or BES incentives, are selected and analyzed. Based on the energy performance data for each building type, the simply payback period (PBP) for the PV-BES system in different locations is calculated according to the local incentive policies. The PBP is chosen as an indicator to evaluate the effectiveness of incentive policies for different locations and building types by comparing it to the PBP for the same PV-BES systems without incentive policies. The reduction of carbon dioxide emission (CDE) due to the PV generation is also investigated since it indicates the potential to reduce the PBP for a further step when a high carbon credit is available. Furthermore, a parametric analysis is conducted to determine the sensitivity and contribution of parameters such as the capacity of the PV-BES system, the capital cost of PV module and the battery storage on the performance of the PV-BES system. Results show that for all the evaluated buildings in California and Hawaii, the existing incentive policy could reduce the PBP effectively below 10 years. However, the PBP for most of the evaluated buildings in New Jersey and New York were high even when both the PV and BES incentive policies were taken into account (approximately from 11 to 29 years). [ABSTRACT FROM AUTHOR]

Power split configurations exhibit potential on decreasing fuel consumption. However, how to select the best power split configuration among all the possible configurations still need to be explored. In this paper, a one-dimensional searching ECMS (Equivalent Consumption Minimization Strategy) is developed to evaluate fuel consumption for input power split configuration. Additionally, a battery degradation model based on experimental data is applied to evaluate the battery degradation for input power split configuration. According to one-dimensional searching ECMS and battery degradation model, the impact of different input power split configurations on fuel consumption and battery degradation is investigated. Simulations show that configuration T1 has fuel consumption and battery degradation advantages for PHEV city bus application in China. These advantages are observed because the system efficiency operation points of configuration T1 are closer to the high efficiency area than the system efficiency operation points of other input power split configurations. Furthermore, according to the lever model and one-dimensional searching ECMS method, a power split configuration selection method is provided in this paper. The simulation results based on configuration selection method still indicate that configuration T1 appears to have the best fuel economy for PHEV city bus application. Moreover, configuration T5, with a lever length close to 0, exhibits the worst fuel consumption and battery degradation. [ABSTRACT FROM AUTHOR]

Electricity power is a basic industrial component which plays an important role in the economy of a nation. In this paper, the correlations evolution of electricity prices among 50 states and the District of Columbia are studied based on random matrix theory (RMT) Four regime shifts are identified from January 1990 to August 2014 in the U.S. residential, commercial and industrial electricity markets. Then, the genetic algorithm (GA) is applied to analyze the clusters of evolution. The results show that, the correlations of electricity prices increased continually in the three departments. However, it decreased in 2012 which further confirms its sensitivity to fuel market. Besides, four regime shifts exist in the three departments though the different times of occurrence caused by price level. And, the fluctuation of community evolution is consistent with four regime shifts. The final part is a summary of the research analyzed and results. [ABSTRACT FROM AUTHOR]