Economic dispatch optimization of microgrid in islanded mode

Sundari Ramabhotla, Stephen Bayne, Michael Giesselmann

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

26 Scopus citations

Abstract

Microgrid combines with Distributed Energy Resources (DERs), energy storage, and controllable loads. It is connected to the maingrid through the point of common coupling (PCC). Economic dispatch using reduced gradient method is implemented for the optimization of energy in the microgrid using MATLAB. The optimization is obtained by minimizing the cost function of the system while meeting the load demand. The operation & maintenance cost, and investment costs are considered in the cost functions of the microsources. The minimum total cost of the system is obtained by comparing different scenarios of the microsources in the microgrid.

Original languageEnglish
Title of host publicationInternational Energy and Sustainability Conference 2014, IESC 2014
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781479962952
DOIs
StatePublished - Mar 16 2014
EventInternational Energy and Sustainability Conference, IESC 2014 - Farmingdale, United States
Duration: Oct 23 2014Oct 24 2014

Publication series

NameInternational Energy and Sustainability Conference 2014, IESC 2014

Conference

ConferenceInternational Energy and Sustainability Conference, IESC 2014
Country/TerritoryUnited States
CityFarmingdale
Period10/23/1410/24/14

Keywords

  • Cost Functions
  • Economic Dispatch
  • Energy Storage
  • Microgrid
  • Reduced Gradient Method
  • Renewable Energy
  • Solar Energy
  • Wind Energy

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