Abstract
Microgrid (MG) is the combination of different distributed generation units and local loads. It is a small self-sustaining power network which serves its local load. Generally it can be operated in grid connected mode or grid isolated mode. The objective of this paper is to maximize the social welfare and minimize operating cost. Social welfare/benefit with the operator may be used for giving subsidies to renewable based plant, farmers, society welfare, etc. This paper proposes an approach to maximize the social welfare of each microgrid through discriminated price auction mechanism. MATLAB Interior Point Solver (MIPS) method has been used for computing the corresponding allocations and price of each unit in the multi-microgrid system. Also, a comparison of social benefit and the operating cost of each microgrid considering both presence and absence of renewable energy sources is carried out. For analysis of this approach 49 bus system is used, which is divided as microgrid A (14 bus system), microgrid B (15 bus system), microgrid C (14 bus system) and rest of the buses are used in the main grid architecture and its dispatchable load buses. The results of this proposed method show that social welfare is maximized while optimally managing renewable-based distributed units with their conventional fuel based distributed generation units.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
N. Hatziargyriou, H. Asano, R. Iravani, and C. Marnay, Microgrids: an overview of ongoing research, development, and demonstration projects. IEEE Power Energy Mag. 5(4), 78–94 (2007)
N. Nikmehr, S. Najafi-Ravadanegh, Optimal operation of distributed generations in microgrids under uncertainties in load and renewable power generation using heuristic algorithm. IET Renew. Power Gener.
E. Tedeschi, P. Tenti, P. Mattavelli, Synergistic control and cooperative operation of distributed harmonic and reactive compensators, in Power Electronics Specialists Conference, Rhodes, Greece, June 2008
E. Dall Anese, H. Zhu, G.B. Giannakis, Distributed optimal power flow for smart microgrids. IEEE Trans. Smart Grid 4(3) (2013)
H. Shayeghi, B. Sobhani, Integrated offering strategy for profit enhancement of distributed resources and demand response in microgrids considering system uncertainties. Energy Convers. Manage. 87, 765–777 (2014)
H.P. Khomami, M.H. Javidi, Energy management of smart microgrid in presence of renewable energy sources based on real-time pricing, in IEEE Conference (2014)
I. Miranda, H. Leite, N. Silva, Coordination of multifunctional distributed energy storage systems in distribution networks. IET Gener. Transm. Distrib. (2015). ISSN 1751-8687
R. Ferroukhi, J. Sawin, F. Sverisson, Rethinking Energy 2017. ISBN 978-92-95111-06-6 (Pdf). http://www.irena.org
World energy outlook special report 2016. International Energy Agency. http://www.iea.org/t&c
Y.R. Sood, N.P. Padhy, H.O. Gupta, Wheeling of power under deregulated environment of power system—a bibliographical survey. IEEE Trans. Power Syst. 17(3), 870–878 (2002)
L.L. Loi, Power System Restructuring and Deregulation (Wiley, New York, 2001)
H. Wang, C.E. Murillo-Sanchez, R.D. Zimmerman, R.J. Thomas, On computational issues of market-based optimal power flow. IEEE Trans. Power Syst. 22(3), 1185
H. Wang, On the computation and application of multi-period security-constrained optimal power flow for real-time electricity market operations. Ph.D. thesis, Electrical and Computer Engineering, Cornell University, May 2007. A, A.4, G.12
T. Logenthiran, D. Srinivasan, A.M. Khambadkone, Multi-agent system for energy scheduling of integrated microgrids in a distributed system. Electric Power Syst. Res. 81, 138–148 (2011)
T. Logenthiran, D. Srinivasan, Multi-agent system for the operation of an integrated microgrid. J. Renew. Sustain. Energy 4, 013116 (2012)
Lazard, Lazard’s Levelized cost of energy analysis-version 10.0, Dec 2016
T. Logenthiran, D. Srinivasan, Short term generation scheduling of a microgrid. IEEE-TENCON (2009). 978-1-4244-4547-9/09
Meterological Department. http://courses.nus.edu.sg/course/geomr/front/fresearch/metstation
Energy Market Company of Singapore. https://www.emcsg.com/marketdata/priceinformation#priceDataView. Accessed 21 Jan 2017
G. Li, J. Shi, X. Qu, Modeling methods for GenCo bidding strategy optimization in the liberalized electricity spot market: a state-of-the-art review. Energy (2011)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Yadav, O.P., Kaur, J., Sharma, N.K., Sood, Y.R. (2019). Renewable Energy Management in Multi-microgrid Under Deregulated Environment of Power Sector. In: Malik, H., Srivastava, S., Sood, Y., Ahmad, A. (eds) Applications of Artificial Intelligence Techniques in Engineering. Advances in Intelligent Systems and Computing, vol 698. Springer, Singapore. https://doi.org/10.1007/978-981-13-1819-1_28
Download citation
DOI: https://doi.org/10.1007/978-981-13-1819-1_28
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-13-1818-4
Online ISBN: 978-981-13-1819-1
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)