We quantify the cost savings potential of photovoltaic self-consumption by single-family houses with small-scale roof-top photovoltaic (PV) systems in Germany against the background of recent storage applications after the end of the legal support period. We analyze different systems where an already installed PV system is combined with battery storage and/or a power-to-heat solution (heating rod plus thermal storage). A comparison is made in terms of a household's electricity and heating costs under cost-minimizing operation of each system. For this purpose, we carry out comprehensive simulations of site-specific PV production and determine the optimal selfconsumption as well as the optimal charging of the hot water thermal storage and the battery system. We use 25 representative electricity load profiles, which differ only in the temporal distribution of consumption, to obtain a broader picture of the cost savings potential. Results suggest that the major share of the savings potential is due to direct PV self-consumption and thus concerns the electricity costs. A profitability analysis reveals that the inclusion of a hot water thermal storage and/or a battery storage system does not pay off when juxtaposing cost savings and investment expenses, at least at current prices.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.