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Optimal Bidding Strategies of Microgrid with Demand Side Management for Economic Emission Dispatch Incorporating Uncertainty and Outage of Renewable Energy Sources

Mousumi Basu1, Chitralekha Jena2, Baseem Khan3,4,*, Ahmed Ali4

1 Department of Power Engineering, Jadavpur University, Jadavpur, India
2 School of Electrical Engineering, KIIT University, Bhubaneswar, India
3 Department of Electrical and Computer Engineering, Hawassa University, Hawassa, Ethiopia
4 Department of Electrical and Electronic Engineering Technology, Faculty of Engineering and the Built Environment, University of Johannesburg, Johannesburg, South Africa

* Corresponding Author: Baseem Khan. Email: email

Energy Engineering 2024, 121(4), 849-867. https://doi.org/10.32604/ee.2024.043294

Abstract

In the restructured electricity market, microgrid (MG), with the incorporation of smart grid technologies, distributed energy resources (DERs), a pumped-storage-hydraulic (PSH) unit, and a demand response program (DRP), is a smarter and more reliable electricity provider. DER consists of gas turbines and renewable energy sources such as photovoltaic systems and wind turbines. Better bidding strategies, prepared by MG operators, decrease the electricity cost and emissions from upstream grid and conventional and renewable energy sources (RES). But it is inefficient due to the very high sporadic characteristics of RES and the very high outage rate. To solve these issues, this study suggests non-dominated sorting genetic algorithm II (NSGA-II) for an optimal bidding strategy considering pumped hydroelectric energy storage and DRP based on outage conditions and uncertainties of renewable energy sources. The uncertainty related to solar and wind units is modeled using lognormal and Weibull probability distributions. TOU-based DRP is used, especially considering the time of outages along with the time of peak loads and prices, to enhance the reliability of MG and reduce costs and emissions.

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APA Style
Basu, M., Jena, C., Khan, B., Ali, A. (2024). Optimal bidding strategies of microgrid with demand side management for economic emission dispatch incorporating uncertainty and outage of renewable energy sources. Energy Engineering, 121(4), 849-867. https://doi.org/10.32604/ee.2024.043294
Vancouver Style
Basu M, Jena C, Khan B, Ali A. Optimal bidding strategies of microgrid with demand side management for economic emission dispatch incorporating uncertainty and outage of renewable energy sources. Energ Eng. 2024;121(4):849-867 https://doi.org/10.32604/ee.2024.043294
IEEE Style
M. Basu, C. Jena, B. Khan, and A. Ali, “Optimal Bidding Strategies of Microgrid with Demand Side Management for Economic Emission Dispatch Incorporating Uncertainty and Outage of Renewable Energy Sources,” Energ. Eng., vol. 121, no. 4, pp. 849-867, 2024. https://doi.org/10.32604/ee.2024.043294



cc Copyright © 2024 The Author(s). Published by Tech Science Press.
This work is licensed under a Creative Commons Attribution 4.0 International License , which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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