Comparison of Different Approaches for Solar PV and Storage Sizing

We study the problem of optimally and simultaneously sizing solar photovoltaic (PV) and storage capacity in order to partly or completely offset grid usage. While prior work offers some insights, researchers typically consider only a single sizing approach. In contrast, we use a firm theoretical foundation to compare and contrast sizing approaches based on robust simulation, robust optimization, and stochastic network calculus. We evaluate the robustness and computational complexity of these approaches in a realistic setting to provide practical, robust advice on system sizing.