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Microgrid is a well known concept in present power system industry. Its increasing trends overcome the effect of depleting fossil fuels and increasing electricity demand. The energy scheduling of microgrid is an open issue in current power system industry and it is a difficult task. This paper presents the economic energy scheduling of a microgrid, consisting of wind turbine (WT) and photovoltaic...
Optimal energy management of microgrid is essential for providing reliable and economical power to its customers. A grid connected microgrid that consists wind plant (WP), hydro plant, battery storage system (BSS) used as study system. Profit maximization with consideration of capital cost, operation and maintenance (OM) cost, replacement cost and salvage value of BSS and WP. Different diverse meteorological...
Fulfilling the energy demand is an important issue in the power system. As conventional fossil fuels based energy resources are limited on the earth and expected to be depleted in few decades. Microgrid with battery energy storage is commonly employed nowadays to full-fill the demand. For better performance of microgrid, optimal energy management is essential. Therefore, the optimal utilization of...
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