2019
DOI: 10.1007/s40095-019-00332-1
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Review on the cost optimization of microgrids via particle swarm optimization

Abstract: Economic analysis is an important tool in evaluating the performances of microgrid (MG) operations and sizing. Optimization techniques are required for operating and sizing an MG as economically as possible. Various optimization approaches are applied to MGs, which include classic and artificial intelligence techniques. Particle swarm optimization (PSO) is one of the most frequently used methods for cost optimization due to its high performance and flexibility. PSO has various versions and can be combined with… Show more

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Cited by 86 publications
(35 citation statements)
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References 125 publications
(105 reference statements)
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“…Real-time pricing (RTP) is one of the dynamic forms to shape the end-use load, and it monitors price in realtime. About the analysis of various DR programs in [12]. The most promising DR strategy is real time pricing.…”
Section: Dr Techniques In Dsmmentioning
confidence: 99%
“…Real-time pricing (RTP) is one of the dynamic forms to shape the end-use load, and it monitors price in realtime. About the analysis of various DR programs in [12]. The most promising DR strategy is real time pricing.…”
Section: Dr Techniques In Dsmmentioning
confidence: 99%
“…During each time interval, we check for any voltage deviations in the buses to define the operation mode. Based on the voltage deviations calculated using Equations (5) and (6), operations are divided into three modes:…”
Section: Ev Charging/discharging Restriction Constraintsmentioning
confidence: 99%
“…There have been various optimization approaches applied to microgrids; these include classic and artificial intelligence techniques, such as particle-swarm optimization (PSO) [6], genetic algorithms [7], or adaptive differential evolution algorithms [8]. In [7], the authors formulated an optimal power flow problem using a genetic algorithm to minimize the total operation cost of a DC microgrid while considering real-time pricing.…”
Section: Introductionmentioning
confidence: 99%
“…Then, 64 MPLs were used to complete delivery tasks. Robustness is an important criterion for evaluating the performance of an optimization technique [49]. Therefore, we performed a series of numerical experiments to analyze the robustness of solutions.…”
Section: The Robustness Of Solutionsmentioning
confidence: 99%