Advanced energy management strategy for microgrids with integrated battery storage and renewable generation

As electric mobility gains popularity, Electric Vehicles (EVs) and their batteries are becoming more attractive due to their size and energy density advantages. However, the electric grid has not undergone similar improvements, potentially impacting power stability and affecting EV energy usage and availability. The key challenge lies in managing increasing power demands from a fully EV fleet. To address this, efforts are needed to analyze the integration of EVs into the grid and optimize power distribution. In this paper, an innovative Energy Management Strategy (EMS) is proposed to effectively control energy loads, energy sources, and EVs, incorporating Vehicle-to-Grid (V2G) capability. The EMS optimizes energy flow and storage based on time of day, potential energy production, and the cost of grid electricity. The integration of this EMS results in significant benefits, with approximately 12% savings in electricity bills compared to a reference strategy.