Optimal Sizing of Decentralized Photovoltaic Generation and Energy Storage Units for Malaysia Residential Household Using Iterative Method

World's fuel sources are decreasing, and global warming phenomena cause the necessity of urgent search for alternative energy sources. Photovoltaic generating system has a high potential, since it is clean, environmental friendly and secure energy sources. This paper presents an optimal sizing of decentralized photovoltaic system and electrical energy storage for a residential household using iterative method. The cost of energy, payback period, degree of autonomy and degree of own-consumption are defined as optimization parameters. A case study is conducted by employing Kuala Lumpur meteorological data, typical load profile from rural area in Malaysia, decentralized photovoltaic generation unit and electrical storage and it is analyzed in hourly basis. An iterative method is used with photovoltaic array variable from 0.1kW to 4.0kW and storage system variable from 50Ah to 400Ah was performed to determine the optimal design for the proposed system.