Using Multicriteria Analysis to Compromise on a Battery Storage Solution

In our research, we employ the multicriteria decision-making (MCD) method, which incorporates Euclidean distance, the creation of ideal and anti-ideal profiles, and the weighting of criteria to express preferences. This approach makes it easier to make well-informed choices among several, frequently competing alternatives. Our goal is to choose the best storage battery among four different varieties, including AGM lead-acid, GEL lead-acid, lithium, and nickel, taking into account aspects like cost, performance, and depth of discharge. We may objectively compare the benefits and drawbacks of each kind of battery by using the well-known TOPSIS approach. Instead of pursuing an ideal solution, which may be elusive, our strategy tries to help decision-makers reach an agreeable compromise. Our research helps to improve the integration of renewable energy sources into storage systems, where storage batteries are essential in stabilising intermittent solar and wind energy production.