Dynamic economic dispatch of hybrid microgrid with energy storage using quadratic programming

Wibowo, Rony Seto; Firmansyah, Kemas Robby; Aryani, Ni Ketut; Soeprijanto, Adi

doi:10.1109/tencon.2016.7848086

Cited by 29 publications

(15 citation statements)

References 2 publications

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“…Content may change prior to final publication. 29, (30), and (37). 4: (c) Initialize the upper bound constraint in equation (31).…”

Section: Numerical Resultsmentioning

confidence: 99%

“…SOCi,r(t) by considering an average ratio of the residual energy of the EVs where α 1 is the weight factor to consider the state of the EV user of the charge value into the dissatisfaction cost. In addition to this EV case, such a quadratic model has been widely used in other fields [28]- [30]. Correspondingly, for each i ∈ I, the utility function of the buyer i is defined as follows:…”

Section: B Utility Function Of the Buyersmentioning

confidence: 99%

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Joint Demand Response and Energy Trading for Electric Vehicles in Off-Grid System

2020

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This paper proposes a joint demand response and energy trading for electric vehicles in an off-grid system. We consider isolated microgrid in a region where, at a given time, some renewable energy generators have superflous energy for sale or to keep in storage facilities, whereas some electric vehicles wish to buy additional energy to meet their deficiency. In our system model, broker lead the market by determining the optimal transaction price by considering a trade-off between commission revenue and power reliability. Buyers and sellers follow the broker's decision by independently submitting a transaction price to the broker. Correspondingly transaction energy is allocated to the buyers in the proportion to their payment, whereas the revenue is allocated to the sellers in proportion to their sales. We investigated the economic benefits of such a joint demand response and energy trading by analyzing its hierarchical decision-making scheme as a single-leader-heterogeneous multi-follower Stackelberg game. With demonstrating an existence of a unique Stackelberg equilibrium, we show that the transaction price in the proposed market model is up to 25.8% cheaper than the existing power market. In addition, we compare the power reliability results with other algorithm to show the suitability of proposed algorithm in the isolated microgrid environment.

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“…Content may change prior to final publication. 29, (30), and (37). 4: (c) Initialize the upper bound constraint in equation (31).…”

Section: Numerical Resultsmentioning

confidence: 99%

Section: B Utility Function Of the Buyersmentioning

confidence: 99%

Joint Demand Response and Energy Trading for Electric Vehicles in Off-Grid System

2020

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“…The main objective was to formulate the economic dispatch considering hybrid system comprising of solar and energy storage system to ensure in meeting the daily load demand [25]. With the help of MATLAB based quadratic programming, dynamic economic dispatch was carried out on the hybrid system in direction to encounter the daily load demand.…”

Section: Literature Survey On Economic Dispatch Of Hybrid Systems / Mmentioning

confidence: 99%

A review to economic dispatch of hybrid microgrids

Vankadara¹,

Raglend²

2019

Serb J Electr Eng

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Hybrid Microgrids are being widespread for power generation in remote locations. The improvement in non-conventional energy sources and rise in the price of existing electrical energy production sources led to the advancement of hybrid renewable sources. Economic characteristics of these technologies are adequately capable to include in emerging power generation. Advances and research in solar, wind and other non-conventional energy sources are required to continue for improving their performance, creating techniques for exactly forecasting their outputs and reliably integrating with other conventional sources used for generation. Economic dispatch is being taken into consideration as the optimal output of the electricity generation facilities. These are to be met as per the load at the lowest possible cost. The problem on Economic Dispatch (ED) and different technical constraints considering power balance in the network satisfying the objective are to be formulated. This paper presents a brief review on economic dispatch of hybrid microgrids.

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“…Cost coefficients were set as a i ∼ U(0.01, 1), b i ∼ U (20, 20.5), c i ∼ U(600, 1530) [28]. The configuration data of the test systems such as load profiles, DGs' ramping rates, predicted outputs of PVs were obtained from [20,23,29] with proportional modifications. P G t0 and P ft0 were set as the average output of each DG and zero, respectively, and parameters λ 0 = 0.1, v 0 = 0.1, μ = 10, α = 0.1, β = 0.7, ε feas = 10 −4 , and ε = 10 −4 were applied.…”

Section: Simulationsmentioning

confidence: 99%

Fully distributed multi‐area dynamic economic dispatch method with second‐order convergence for active distribution networks

Sun

et al. 2017

IET Generation, Transmission & Distribution

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Dynamic economic dispatch of hybrid microgrid with energy storage using quadratic programming

Cited by 29 publications

References 2 publications

Joint Demand Response and Energy Trading for Electric Vehicles in Off-Grid System

Joint Demand Response and Energy Trading for Electric Vehicles in Off-Grid System

A review to economic dispatch of hybrid microgrids

Fully distributed multi‐area dynamic economic dispatch method with second‐order convergence for active distribution networks

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