Optimal Participation of the Renewable Energy in Microgrids with Load Management Strategy
In this paper, bi-level optimization model is proposed for optimal energy trading between microgrids (MGs) and distribution companies (Discos) with consideration of the renewable energies. The first level modelling is maximizing MGs’ profit and the second level is related to maximization of the Disc...
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Published in: | Environmental and Climate Technologies Vol. 27; no. 1; pp. 56 - 66 |
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Main Authors: | , , , , , , , , |
Format: | Journal Article |
Language: | English |
Published: |
Riga
Sciendo
01-01-2023
Riga Technical University |
Subjects: | |
Online Access: | Get full text |
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Summary: | In this paper, bi-level optimization model is proposed for optimal energy trading between microgrids (MGs) and distribution companies (Discos) with consideration of the renewable energies. The first level modelling is maximizing MGs’ profit and the second level is related to maximization of the Discos profit. In proposed system, power trading between MGs and Discos is considered. As well, renewable energies and demand management strategy are modelled in system for optimal energy consumption. The optimization modelling is solved by Particle Swarm Optimization (PSO), and results of the two case studies show optimal solution of prosed strategy in energy optimization. |
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ISSN: | 2255-8837 1691-5208 2255-8837 |
DOI: | 10.2478/rtuect-2023-0005 |