Abstract
To meet the energy demand of an area having a midrise apartment and industry, a microgrid model is proposed and its sensitivity analysis is performed to access the impact of fuel price on the least-cost system design. The proposed microgrid system is having an overall energy consumption of 24,188 kWh/day and 2129 kW during a peak time. The original grid search algorithm and proprietary derivative-free algorithm are used to simulate all of the feasible system configurations defined by the search space and to search for the least-costly system respectively. On this basis, estimation for the lifecycle cost of the system, accounting for the capital, replacement, operation and maintenance, fuel, and interest costs are discussed. The result shows an efficient rate of return on investment and the internal rate of return for the designed microgrid is 72.6 and 75.9% respectively. The simulation result of the HOMER optimization tool showed that a PV-diesel system with battery storage will be most cost-effectively supply the energy required by the given setup. The achieved result shows hourly energy flows for each component as well as annual cost and performance summaries.
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Rituraj, R., Varkonyi-Koczy, A.R. (2022). Modeling and Optimization of a Microgrid for a Midrise Apartment and Industry. In: Khakhomov, S., Semchenko, I., Demidenko, O., Kovalenko, D. (eds) Research and Education: Traditions and Innovations. INTER-ACADEMIA 2021. Lecture Notes in Networks and Systems, vol 422. Springer, Singapore. https://doi.org/10.1007/978-981-19-0379-3_32
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DOI: https://doi.org/10.1007/978-981-19-0379-3_32
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