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2017
DOI: 10.1016/j.energy.2017.07.148
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An efficient cost-reliability optimization model for optimal siting and sizing of energy storage system in a microgrid in the presence of responsible load management

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Cited by 130 publications
(41 citation statements)
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“…Liu et al [32] discussed the optimal sizing of SC/Battery HESS based on optimal energy management strategy for load-haul-dump vehicles (LHDs), which considered energy consumption and the total cost of HESS. Nojavan et al [33] proposed bi-objective optimization model for optimal siting and sizing of an energy storage system in a microgrid, in which the total minimization cost and minimization of loss of load expectation (LOLE) were objectives. There are significant differences in the daily output processes of PV power stations under different weather conditions, such as daily average output, fluctuation range and frequency, etc.…”
Section: Methods Of Hess Capacity Configurationmentioning
confidence: 99%
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“…Liu et al [32] discussed the optimal sizing of SC/Battery HESS based on optimal energy management strategy for load-haul-dump vehicles (LHDs), which considered energy consumption and the total cost of HESS. Nojavan et al [33] proposed bi-objective optimization model for optimal siting and sizing of an energy storage system in a microgrid, in which the total minimization cost and minimization of loss of load expectation (LOLE) were objectives. There are significant differences in the daily output processes of PV power stations under different weather conditions, such as daily average output, fluctuation range and frequency, etc.…”
Section: Methods Of Hess Capacity Configurationmentioning
confidence: 99%
“…Compared to analytical methods, simulations in the entire configuration space may be unnecessary for obtaining the optimum solution in a computationally efficient manner. The optimization objectives among these directed search-based methods mainly include economic indicators [30][31][32][33] and stability indicators [31,33]. Berrueta et al [30] designed a battery capacity optimization model with the objective of economic revenue maximization and solved it by employing dynamic programing and a region-elimination technique algorithm.…”
Section: Introductionmentioning
confidence: 99%
“…Esmaeili et al and Amana et al proposed a framework for network reconfiguration and DG allocation simultaneously. For optimal allocation of energy storage system (ESS) in a micro‐grid, a bi‐objective optimization model is proposed in Nojavan et al with demand response program (DRP). Two different objective functions are considered by the authors: minimization of total investment and operation cost and loss of load expectation (LOLE).…”
Section: Introductionmentioning
confidence: 99%
“…In [14], a planning procedure is proposed, which takes into account the minimization of the cost of energy imported from the external grid while considering voltage support and minimization of network losses. The problem of the optimal siting and sizing of EESSs in µGs is faced in [15] through the minimization of both installation and operation costs, as well as power losses. Minimization of investment and operation costs in distribution networks is considered in the planning tool proposed in [16], which accounts for constraints on bus voltages.…”
Section: Introductionmentioning
confidence: 99%