Modeling of the Off-Grid PV-Wind-Battery System Regarding Value of Loss of Load Probability.

The paper presents an optimized off-grid photovoltaic (PV)-wind battery model that considers the value of loss of load probability (LOLP). The optimum combination of all model components: wind turbines, PV panels, batteries and electrical load for the City of Osijek using MATLAB software is defined. The examined data are based on measured load values for the residential home. For values of LOLP in the range from 0.00 to 0.10 in steps of 0.01, optimal size of the presented system has been determined. In order to determine the optimal model, investment costs were taken into account in comparison with various LOLP values. [ABSTRACT FROM AUTHOR]