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This paper investigates the trade off between consumer satisfaction and the electricity cost. Due to forecast error in day ahead low price energy procurement and random realization of real time renewable dc power, it is difficult for an Intelligent Energy Management (IEM) operator to guarantee a satisfaction level to its users. The problem is more complex in the context of hybrid AC/DC smart grid,...
Small scale power generation near consumer's premises has received greater attention in recent years for use in remote and rural communities due to the cost and complexity involved in the grid extension. It is therefore, suitable stand-alone systems using locally available renewable energy sources have become a preferred option. However, there are two approaches that are used to harness available...
In order to evaluate the techno-economic performance of Hybrid Energy System for remote rural area electrification, a mixed integer linear mathematical programming model (time-series) has been developed to determine the optimal operation, optimal configuration including the assessment of the economic penetration levels of photovoltaic array area, and cost optimization for a hybrid energy generation...
A well designed hybrid energy system can be cost effective, has a high reliability and can improve the quality of life in remote rural areas. The economic constraints can be met, if these systems are fundamentally well designed, use appropriate technology and make use effective dispatch control techniques. The first part of this tri-series paper, presents the analysis and design of a mixed integer...
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