학술논문

Optimization of Operating Cost and Energy Consumption in a Smart Grid
Document Type
Periodical
Source
IEEE Access Access, IEEE. 12:18837-18850 2024
Subject
Aerospace
Bioengineering
Communication, Networking and Broadcast Technologies
Components, Circuits, Devices and Systems
Computing and Processing
Engineered Materials, Dielectrics and Plasmas
Engineering Profession
Fields, Waves and Electromagnetics
General Topics for Engineers
Geoscience
Nuclear Engineering
Photonics and Electrooptics
Power, Energy and Industry Applications
Robotics and Control Systems
Signal Processing and Analysis
Transportation
Costs
Smart grids
Renewable energy sources
Load modeling
Energy consumption
Peak to average power ratio
Carbon dioxide
Carbon emissions
Heuristic algorithms
Smart grid energy
storage system
operating cost
carbon emission
heuristic
optimization
Language
ISSN
2169-3536
Abstract
This paper introduces an optimal bi-objective optimization methodology customized for microgrid systems, encompassing economic, technological, and environmental considerations. The framework portrays the objectives of an intelligent microgrid, aiming to minimize operational costs, CO2 emissions, peak-to-average ratio (PAR), and energy consumption while concurrently enhancing user comfort (UC). A scheduled power allocation strategy is formulated to efficiently cater to the energy needs of residential loads. The stochastic nature of wind and solar resources is characterized by modeling wind speed and solar radiation intensity using a beta probability density function (PDF). The non-dominated sorting genetic algorithm II (NSGA-II) is employed to address optimization challenges. A decision-making process is implemented to select the optimal solution from the non-dominated alternatives. The study presents three scenarios illustrating the optimal operational values for various parameters and energy consumption, providing a comprehensive analysis of the proposed algorithm’s efficacy. Leveraging the NSGA-II algorithm, coupled with renewable energy resources and optimal energy storage system scheduling, yielded significant reductions in overall expenses, PAR, CO2 emissions, user discomfort, and energy consumption. MATLAB simulations were conducted to substantiate the efficacy of our proposed approach. The obtained results underscore the effectiveness and productivity of our devised NSGA-II-based approach. Notably, the proposed algorithm demonstrated a substantial reduction in electricity costs by 19.0%, peak-to-average ratio (PAR) by 30.7%, and carbon emissions by 21.7% in scenario-3, as evidenced by a comparative analysis with the unscheduled case.