Mountain gazelle optimizer for standalone hybrid power system design incorporating a type of incentive-based strategies

Abstract

The main objective of this research study is to improve the performance of a standalone hybrid power system (SHPS) that consists of photovoltaic modules (PVMs), wind turbines (WTs), battery system (BS), and diesel engine (DE). The emphasis is on optimizing the system's design by incorporating demand response strategies (DRSs). Incorporating these strategies into the system can enhance system performance, stability, and profitability while also reducing the capacity of SHPS components and, consequently, lowering consumers' bills. To achieve this objective, the sizing model incorporates a novel indicator called the load variation factor (LVF). This paper assesses and contrasts various scenarios, including SHPS without DRS, with DRS, and with DRS but no DE. In this article, interruptible/curtailable (I/C) as one of the DRSs is incorporated into the model used for sizing issues. A newly developed optimization algorithm called the mountain gazelle optimizer (MGO) is utilized for the multi-objective design of the proposed SHPS. The utilization of MGO will facilitate achieving the lowest possible values for each of the following: cost of energy (COE), loss of power supply probability (LPSP), and carbon dioxide (CO2) emissions. This work introduces a mathematical model for the entire system, which is subsequently simulated using MATLAB software. The results reveal that among all the scenarios analysed, scenario iii — which has an LVF of 30% — is the most cost-effective. It has the lowest COE, at 0.2334 $/kWh, hence the lowest net present cost (NPC), at 6,836,445.5 $.