2019
DOI: 10.1007/978-981-15-0974-2_11
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Metaheuristic Optimization Algorithm for Day-Ahead Energy Resource Management (ERM) in Microgrid Environment of Power System

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Cited by 7 publications
(8 citation statements)
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“…Furthermore, the existing game theory has a fixed payoff function that makes decisions for each agent, but the evolutionary game theory (EGT) improves the payoff function while repeating decision. In [24,25], evolutionary optimization was proposed to address the energy resource management while maximizing income and minimizing the total cost of system resources with uncertain scenarios. However, since EGT is distinguished from the optimality theory, it satisfies the decision-making of individual energy sources and can find the optimal equilibrium.…”
Section: B Literature Reviewmentioning
confidence: 99%
See 1 more Smart Citation
“…Furthermore, the existing game theory has a fixed payoff function that makes decisions for each agent, but the evolutionary game theory (EGT) improves the payoff function while repeating decision. In [24,25], evolutionary optimization was proposed to address the energy resource management while maximizing income and minimizing the total cost of system resources with uncertain scenarios. However, since EGT is distinguished from the optimality theory, it satisfies the decision-making of individual energy sources and can find the optimal equilibrium.…”
Section: B Literature Reviewmentioning
confidence: 99%
“…Step 7: Memorize the best scheduling for each agent that stabilize the average voltage given by (25).…”
Section: Optimal Solution Frameworkmentioning
confidence: 99%
“…Equation 2represents the income obtained from market transactions [11], where bids and offers are permitted in two markets with unique features, namely local and wholesale markets. The aim of the aggregator is to reduce operating costs (O.C) while maximizing the income [21]. So objective function becomes minimization to get the maximum profit [4] as shown in equation 3.…”
Section: Day-ahead Energy Resource Management (Erm) With Uncertaimentioning
confidence: 99%
“…Equation (20) states that, charge and discharge processes in energy storage unit ST cannot be simultaneous in time slot t: Charge and Discharge limit of Energy Storage unit ST in time slot t is given by equations (21) and 22:…”
Section: Day-ahead Energy Resource Management (Erm) With Uncertaimentioning
confidence: 99%
“…Hybridization of GA and SA is suggested in [33] for the optimal scheduling of the sources of energy in the islanded and grid-connected modes of a MicroGrid. In [34] author developed the hybridization of VNS and DEEPSO with cross-entropy characteristic for the optimal scheduling in a MicroGrid. The GECAD group in collaboration with Delft University organized the competition [35] on ERM problem in a microgrid with 100 uncertain scenarios at IEEE-WCCI/CEC conference, 2018.…”
mentioning
confidence: 99%