The Prosumer Solution Simulation tool performs a technical and economic analysis about integrating photovoltaic (PV) systems into households, offices, industries and other type of buildings. Every case is addressed differently, since energy consumption and the demand profile varies from case to case. Moreover, hourly discrimination tariffs and the technical aspects these PV systems must comply with usually depend on the size of the system.
The tool evaluates the input parameters such as energy production, demand profile, characteristics of the system, hourly electricity price e.t.c., and determines whether the best option is self-consume the electricity generated, store it, sell it or buy energy from the grid to store it. The last case occurs when the price of the kWh is low but it is expected to increase in the upcoming hours, and there is available capacity in the battery.
Together with the income this system yields, a cost analysis is also evaluated. The complete economic analysis offers the internal rate of return (IRR) of the project, the net present value (NPV) and the payback period among other parameters.