Stochastic Approach for Economic-Technical-Environmental Operation of Microgrids with Battery Storage Considering Parameters Uncertainty

Mostafa H. Mostafa, Muhyaddin Rawa, Ahmed I. Omar, Shady H.E. Abdel Aleem, Almoataz Y. Abdelaziz, Ziad M. Ali, Ahmed F. Zobaa

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

1 Scopus citations

Abstract

One of the significant aspects in microgrids (MG) optimization frameworks is to cope with stochastic parameters of renewable energy sources (RESs), market pricing, and electrical demand. Thus, the study of market price volatility, the intermittency of the RESs, and electrical demand alteration has received a great concentration in the recent period. This chapter introduces a stochastic optimization method for scheduling the energy of MG considering random demand, the intermittent nature of RES, and the volatile market price. The optimal daily energy scheduling is employed to attain the OFs, such as the minimum operating cost of the MG over a 24-h horizon or minimizing the pollutant emissions over a 24-h horizon. In addition, this chapter introduces multi-OFs to reduce the overall operating cost and the pollutant emission of MGs over a 24-h while taking into account different operational restrictions. In the proposed stochastic structure, uncertainty modeling of the RESs, electrical loads, and market pricing is modeled by fuzzy C-means. The general algebraic modeling system (GAMS) can be employed for modeling the optimization issue expressed in the chapter.

Original languageEnglish
Title of host publicationModernization of Electric Power Systems
Subtitle of host publicationEnergy Efficiency and Power Quality
PublisherSpringer International Publishing
Pages443-462
Number of pages20
ISBN (Electronic)9783031189968
ISBN (Print)9783031189951
DOIs
StatePublished - 1 Jan 2023

Keywords

  • Decision making
  • Energy management
  • Energy storage
  • Microgrid
  • Parameters uncertainty
  • Renewable energy sources
  • Stochastic approach
  • Techno-economic metrics

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