Economic Optimal Dispatch of Networked Hybrid Renewable Energy Microgrid

With the increasing importance of renewable energy in the global energy transition, the microgrid has attracted wide attention as an efficient and flexible power solution. However, there are some problems in current networked microgrid systems, such as complex structure, numerous parameters, and significant fluctuations in generation capacity. Aiming at the parameter optimization problem of networked microgrids integrating multiple energy generation and energy storage forms, this paper constructs a multi-objective microgrid structure decision-making model. The model comprehensively considers operation and maintenance costs, fuel costs, power abandonment and lack-of-power punishment costs, power transaction costs, and pollution treatment costs, aiming to realize the joint optimization of economic benefits and environmental sustainability. Furthermore, an improved multi-objective particle swarm optimization (IMOPSO) algorithm is designed to solve the model. In order to verify the effectiveness of the model in the scenarios of distributed energy and energy load fluctuation, this paper uses the scenario analysis method to realize the data analysis of 2000 scenarios, and obtains four typical deterministic scenarios for simulation experiments. The experimental results show that, compared with the traditional microgrid, when the capacity configuration is determined by the number of wind driven generators, photovoltaic panels, diesel generators, and batteries being 5, 189, 2, and 107, respectively, the proposed net-connected economic dispatch optimization method based on hybrid renewable energy in this paper reduces the generation cost and environmental cost of the system by 96.76 ¥ to 428.19 ¥, and keeps the load loss rate stable between 0.34% and 4.56%. The utilization rate of renewable energy has been raised to about 95%.

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Publication Details

Journal
Systems
Published
2025-02-10
DOI
https://doi.org/10.3390/systems13020109
Citations
2
Primary Topic
Smart Grid Energy Management
Type
article
Field-Weighted Citation Impact
1.46
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article

Economic Optimal Dispatch of Networked Hybrid Renewable Energy Microgrid

Peng Yang, X Philip Ye
2 citations
Systems
Smart Grid Energy Management
1.46
article

Economic Optimal Dispatch of Networked Hybrid Renewable Energy Microgrid

Peng Yang, X Philip Ye
article en
2 citations

Abstract

With the increasing importance of renewable energy in the global energy transition, the microgrid has attracted wide attention as an efficient and flexible power solution. However, there are some problems in current networked microgrid systems, such as complex structure, numerous parameters, and significant fluctuations in generation capacity. Aiming at the parameter optimization problem of networked microgrids integrating multiple energy generation and energy storage forms, this paper constructs a multi-objective microgrid structure decision-making model. The model comprehensively considers operation and maintenance costs, fuel costs, power abandonment and lack-of-power punishment costs, power transaction costs, and pollution treatment costs, aiming to realize the joint optimization of economic benefits and environmental sustainability. Furthermore, an improved multi-objective particle swarm optimization (IMOPSO) algorithm is designed to solve the model. In order to verify the effectiveness of the model in the scenarios of distributed energy and energy load fluctuation, this paper uses the scenario analysis method to realize the data analysis of 2000 scenarios, and obtains four typical deterministic scenarios for simulation experiments. The experimental results show that, compared with the traditional microgrid, when the capacity configuration is determined by the number of wind driven generators, photovoltaic panels, diesel generators, and batteries being 5, 189, 2, and 107, respectively, the proposed net-connected economic dispatch optimization method based on hybrid renewable energy in this paper reduces the generation cost and environmental cost of the system by 96.76 ¥ to 428.19 ¥, and keeps the load loss rate stable between 0.34% and 4.56%. The utilization rate of renewable energy has been raised to about 95%.

SystemsVol. 13(2)
Tianjin University of Technology (CN)
Openalex Percentile: Top 19%
Smart Grid Energy Management
1.46
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