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2019
DOI: 10.3390/su11102763
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Game Theoretical Energy Management with Storage Capacity Optimization and Photo-Voltaic Cell Generated Power Forecasting in Micro Grid

Abstract: In order to ensure optimal and secure functionality of Micro Grid (MG), energy management system plays vital role in managing multiple electrical load and distributed energy technologies. With the evolution of Smart Grids (SG), energy generation system that includes renewable resources is introduced in MG. This work focuses on coordinated energy management of traditional and renewable resources. Users and MG with storage capacity is taken into account to perform energy management efficiently. First of all, two… Show more

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Cited by 39 publications
(15 citation statements)
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“…For neural networks and SVM, they obtained MAPE of 51 percent and 48 percent, respectively. Several other researchers proposed and evaluated several different effective models for prediction of electric loads [43]- [47]. Specifically, in [47], we proposed a Hybrid deep learning model which, is composed of convolutional layers and LSTM layers, where the focus has been on power load forecasting of individual energy customer.…”
Section: Literature Reviewmentioning
confidence: 99%
“…For neural networks and SVM, they obtained MAPE of 51 percent and 48 percent, respectively. Several other researchers proposed and evaluated several different effective models for prediction of electric loads [43]- [47]. Specifically, in [47], we proposed a Hybrid deep learning model which, is composed of convolutional layers and LSTM layers, where the focus has been on power load forecasting of individual energy customer.…”
Section: Literature Reviewmentioning
confidence: 99%
“…However, cost-efficient solutions are obtained at the expense of consumers' discomfort and increased peak-to-average ratio (PAR). A game theoretic home energy management system (HEMS) is proposed for energy consumption scheduling of residential buildings under DR pricing schemes to reduce PAR and electricity bill in [10], [11]. However, these studies do not consider the tradeoffs between the electricity bill and user-discomfort.…”
Section: Igamentioning
confidence: 99%
“…Finally, it is concluded in the game that highly reactive consumers can accept large-capacity PV power generation, which can improve the economy of the PV system with fewer batteries and meet the demand for electricity with the minimum cost, thus obtaining more benefits. In [66], a two-stage Stackelberg game is conducted for the optimization of storage capacity and PV power generation in microgrids.…”
Section: ) Demand Sidementioning
confidence: 99%