ABSTRACT: As grid price rises and the feed-in tariff declines, the economics of local storage become increasingly lucrative to the system owner. The attractiveness of a local storage investment is compounded in the presence of a PV grid injection cap. The larger the PV system size is relative to this cap level, the greater the opportunity exists to charge the local storage with PV production that would otherwise be dissipated without credit. This study utilizes two household demand profiles that represent the extremes of the potential for local PV self-consumption and, consequently, the range of economic potential that exists for local storage to be coupled with residential PV systems. A series of algorithms were subsequently developed to analyze the related benefit potential of delayed storage charging to target instances of excess PV production depending upon the grid injection cap
