2015
DOI: 10.1109/tsg.2014.2349795
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Operational Strategy Optimization in an Optimal Sized Smart Microgrid

Abstract: Recently, microgrids (MGs) have attracted considerable attention as a high-quality and reliable source of electricity. In this paper, energy management in MGs is addressed in the light of economic efficiency, environmental restrictions, and reliability improvement via: 1) optimizing the type and capacity of distributed generation (DG) sources, as well as the capacity of storage devices (SD); and 2) developing an operational strategy (OS) for energy management in MGs. A master-slave objective function based on … Show more

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Cited by 145 publications
(115 citation statements)
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“…For the sake of solving the optimization problem, different intelligent algorithms [70][71][72][73] can be used to achieve the optimization results. The comparison of multiple intelligent algorithms can help to enhance the credibility of the optimization results, and further the assessment of the cost and economic performance will become more reliable.…”
Section: Optimization Methods For the Superconducting Fault Current LImentioning
confidence: 99%
“…For the sake of solving the optimization problem, different intelligent algorithms [70][71][72][73] can be used to achieve the optimization results. The comparison of multiple intelligent algorithms can help to enhance the credibility of the optimization results, and further the assessment of the cost and economic performance will become more reliable.…”
Section: Optimization Methods For the Superconducting Fault Current LImentioning
confidence: 99%
“…The rest terms are calculated on the daily basis and then scaled to yearly values. The fuel cost of DFGs is quantified using the linear cost factor that synthesized from the fuel consumption rate and efficiency [24] of each unit. The load curtailment cost is expressed as the product of load reduction and penalty factor.…”
Section: Multi-period Microgrid Expansion Planningmentioning
confidence: 99%
“…The type and capacity of DG sources in a microgrid, and the rated power and energy storage capacity of a HESS, can be optimized by using methods such as those described in [35] and [36]. Sizing results for components of an example DC microgrid, their corresponding operating and maintenance costs (O&M C), and SOC limits of a HESS are shown in Table 3.…”
Section: Data and Parameters Of DC Microgridmentioning
confidence: 99%