Residential Electrical Storage Feasibility for Hybrid PV/Battery Systems in Cyprus

In this paper, Tillyros, Komodromos, Lestas and Christofides investigate the technical and economic viability of residential PV/battery hybrids under Cyprus’s unique solar irradiance and tariff structures. Through simulations parameterized with local meteorological data, they demonstrate that a 5 kW PV array paired with a 10 kWh battery can increase self‐consumption from 25 % to over 65 % while maintaining a payback period under 7 years. Their results highlight optimal battery sizing to balance upfront cost against grid‐export penalties—a key insight for policymakers and home‐owners alike.

 

Full Citation
K. Tillyros, M. Komodromos, M. Lestas and N. Christofides, “Residential electrical storage: feasibility study for hybrid residential PV/battery systems in Cyprus,” 14th Mediterranean Conference on Power Generation Transmission, Distribution and Energy Conversion (MEDPOWER 2024), Athens, Greece, 2024, pp. 637–642. doi: 10.1049/icp.2024.4732.