Operations Research Techniques For Optimizing Smart Grid Systems

The application of operations research techniques, advanced algorithms related to optimizing smart grids for their smart operations, and distributed energy resources, electric vehicle (EV) charging coordination, and load forecasting are focused upon in this paper of research. Four key algorithms were used to optimize energy distribution: GA, PSO, ML, and RL, which ultimately helped to improve grid stability and thus bring a decline in the operational cost. Demonstrations of results show 12% improvement in grid efficiency, 15% reduction in energy loss, and 10% improvement as compared to conventional methods in terms of load forecasting accuracy. Coordinated EV charging using reinforcement learning produces a 20% increase in system fairness. Validation is completed through a comparative analysis with existing works. This finding also manifests the need for AI-enabled decision-making as something related to smart energy systems for tackling future energy challenges.

Publication Details

Journal
Nanotechnology Perceptions
Published
2024-10-18
DOI
https://doi.org/10.62441/nano-ntp.v20is13.24
Primary Topic
Smart Grid Energy Management
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Operations Research Techniques For Optimizing Smart Grid Systems

Nanotechnology Perceptions
Smart Grid Energy Management
article

Operations Research Techniques For Optimizing Smart Grid Systems

article en

Abstract

The application of operations research techniques, advanced algorithms related to optimizing smart grids for their smart operations, and distributed energy resources, electric vehicle (EV) charging coordination, and load forecasting are focused upon in this paper of research. Four key algorithms were used to optimize energy distribution: GA, PSO, ML, and RL, which ultimately helped to improve grid stability and thus bring a decline in the operational cost. Demonstrations of results show 12% improvement in grid efficiency, 15% reduction in energy loss, and 10% improvement as compared to conventional methods in terms of load forecasting accuracy. Coordinated EV charging using reinforcement learning produces a 20% increase in system fairness. Validation is completed through a comparative analysis with existing works. This finding also manifests the need for AI-enabled decision-making as something related to smart energy systems for tackling future energy challenges.

Nanotechnology PerceptionsVol. 20(S13)
Openalex Percentile: Top 84%
Smart Grid Energy Management
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.