Publication: Optimization of emission cost and economic analysis for microgrid by considering a metaheuristic algorithm-assisted dispatch model
No Thumbnail Available
Date
2022
Authors
Somakumar R.
Kasinathan P.
Monicka G.
Rajagopalan A.
Ramachandaramurthy V.K.
Subramaniam U.
Journal Title
Journal ISSN
Volume Title
Publisher
John Wiley and Sons Ltd
Abstract
Electric vehicles (EVs) have witnessed a steady and continuous rise in the last few years. The increased prevalence of EVs results in high demand for electricity from the power grid and it can be effectively handled by combining EV charging infrastructure with renewable energy sources (RES). However, the intermittent characteristic of RES introduces an additional challenge to the power grid. This paper proposes a metaheuristic algorithm called self-adaptive elephant herd optimization algorithm (SA-EHO) to achieve the desired dispatch model of microgrid (MG) with EVs and RES. The proposed algorithm optimizes both economic and emission cost of MG which comprises diesel engine (DE), solar photovoltaic (PV), EVs, fuel cell (FC), wind turbine (WT), and loads. The output constraints associated with a distributed power supply such as power limits of distributed generators (DG) and charging of EVs followed by its discharging are subjected to optimization. Finally, the performance of the proposed model is compared and proved over other existing models. Especially, a minimal total cost of the proposed model is 16.79%, 21.58%, 20%, 26.67%, and 1.33% superior to traditional HSA, GA, EHO, MSA, and FS-MSA models at 100th iteration. Furthermore, the reserved cost of the proposed scheme for the third scenario is 77.78%, 90.91%, 85.71%, 90.91%, and 90.91% superior to existing models such as HSA, GA, EHO, MSA, and FS-MSA, respectively. � 2022 John Wiley & Sons, Ltd.
Description
Cost benefit analysis; Cost functions; Costs; Diesel engines; Economic analysis; Electric load dispatching; Electric power system economics; Electric power transmission networks; Genetic algorithms; Iterative methods; Natural resources; Renewable energy resources; Solar power generation; Cost analysis; Dispatch model; Economics analysis; Emission costs; High demand; Meta-heuristics algorithms; Microgrid; Optimisations; Power grids; Renewable energy source; Fuel cells