A cost-technical profit-sharing approach for optimal energy management of a multi-microgrid distribution system. (15th December 2022)
- Record Type:
- Journal Article
- Title:
- A cost-technical profit-sharing approach for optimal energy management of a multi-microgrid distribution system. (15th December 2022)
- Main Title:
- A cost-technical profit-sharing approach for optimal energy management of a multi-microgrid distribution system
- Authors:
- Rahnama, Alireza
Shayeghi, Hossein
Dejamkhooy, Abdolmajid
Bizon, Nicu - Abstract:
- Abstract: - The primary purpose of this paper is to perform optimal energy management in a distribution network (DN) consisting of several microgrids (MG). A cooperative game method has been used to achieve the best coalitions to diminish the total system costs. A fair profit-sharing procedure is defined as the individual contribution value (ICV) to share profits between players. In addition to ICV, as an economic indicator, the DN's maximum voltage deviation (MVD) in each game has been used to allocate rewards to each game's players (MGs). Studies have been executed on a modified 33-bus DN consisting of three distinct MGs. In the system under study, there is no direct connection among MGs. The case study also deliberates the uncertainties of RESs and technical real power losses in the DN considering demand response program. The paper results concede that despite the reduction in the costs of MMGs due to the application of DRP, it is still possible to reduce the total costs of an MMG system by forming coalitions and adopting proper procedures to profit allocation. In addition, the proposed profit-sharing method based on ICVs and MVDs is simple, consistent, and clear, thus facilitating calculations. Examining the games one by one also identifies the inappropriate games/players to form a coalition and helps reduce problem size in the upcoming scheduling. Solutions obtained through the combined use of ICV and MVD indicators are more profitable, have better technicalAbstract: - The primary purpose of this paper is to perform optimal energy management in a distribution network (DN) consisting of several microgrids (MG). A cooperative game method has been used to achieve the best coalitions to diminish the total system costs. A fair profit-sharing procedure is defined as the individual contribution value (ICV) to share profits between players. In addition to ICV, as an economic indicator, the DN's maximum voltage deviation (MVD) in each game has been used to allocate rewards to each game's players (MGs). Studies have been executed on a modified 33-bus DN consisting of three distinct MGs. In the system under study, there is no direct connection among MGs. The case study also deliberates the uncertainties of RESs and technical real power losses in the DN considering demand response program. The paper results concede that despite the reduction in the costs of MMGs due to the application of DRP, it is still possible to reduce the total costs of an MMG system by forming coalitions and adopting proper procedures to profit allocation. In addition, the proposed profit-sharing method based on ICVs and MVDs is simple, consistent, and clear, thus facilitating calculations. Examining the games one by one also identifies the inappropriate games/players to form a coalition and helps reduce problem size in the upcoming scheduling. Solutions obtained through the combined use of ICV and MVD indicators are more profitable, have better technical characteristics, and lead to larger alliances with more MGs participation, increasing network flexibility. Graphical abstract: Image 1 Highlights: Proposing a novel criterion for profit-sharing in multi-microgrid energy management based on cooperative game theory. Considering renewable energy sources uncertainties via scenario generation-reduction process. Including price-based demand response programs in microgrids integrated into the distribution network. Solving optimal energy management problem where cost-technical performance are considered. … (more)
- Is Part Of:
- Energy. Volume 261:Part B(2022)
- Journal:
- Energy
- Issue:
- Volume 261:Part B(2022)
- Issue Display:
- Volume 261, Issue b (2022)
- Year:
- 2022
- Volume:
- 261
- Issue:
- b
- Issue Sort Value:
- 2022-0261-NaN-0000
- Page Start:
- Page End:
- Publication Date:
- 2022-12-15
- Subjects:
- Game theory -- Multi-microgrid systems -- Optimal energy management -- Profit-sharing
Power resources -- Periodicals
Power (Mechanics) -- Periodicals
Energy consumption -- Periodicals
333.7905 - Journal URLs:
- http://www.elsevier.com/journals ↗
- DOI:
- 10.1016/j.energy.2022.125057 ↗
- Languages:
- English
- ISSNs:
- 0360-5442
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3747.445000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 24199.xml