Region Search Optimization Algorithm for Economic Energy Management of Grid-Connected Mode Microgrid

Jamaledini, Ashkan and Soltani, Ali and Khazaei, Ehsan (2020): Region Search Optimization Algorithm for Economic Energy Management of Grid-Connected Mode Microgrid.

Abstract

Economic energy management of grid-connected microgrid has been widely investigated. However, due to the binary variables of the generation unit’s status, the optimal result of the grid-connected microgrid is very hard. Thus, in this paper, the region search optimization algorithm (RSOA) is developed and adopted for the energy management of the grid-connected microgrid. The developed technique has higher convergence speed and accuracy, compared to the well-known heuristic techniques, such as genetic algorithm and particle swarm optimization. Results shows the effectiveness of the developed model.

• Item Type: MPRA Paper
• Language: English
• Keywords: Grid-connected microgrid, economic energy management, industry microgrid,
• Subjects: A - General Economics and Teaching > A1 - General Economics; A - General Economics and Teaching > A3 - Collective Works > A30 - General; G - Financial Economics > G1 - General Financial Markets; G - Financial Economics > G1 - General Financial Markets > G10 - General; G - Financial Economics > G1 - General Financial Markets > G14 - Information and Market Efficiency ; Event Studies ; Insider Trading; L - Industrial Organization > L0 - General; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development; P - Economic Systems > P0 - General

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