Framework for network-constrained cooperative trading of multi-microgrid systems

The rising penetration of renewable energy sources (RESs) has led to increased research interest in the optimal scheduling and management of multi-microgrid (MMG) systems. This is due to the potential economic benefits which can be derived from the sharing of resources between the MGs which constitu...

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Main Authors: Isuru, Mohasha, Krishnan, Ashok, Foo, Eddy Yi Shyh, Gooi, Hoay Beng
Other Authors: School of Electrical and Electronic Engineering
Format: Conference or Workshop Item
Language:English
Published: 2021
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Online Access:https://hdl.handle.net/10356/148382
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-1483822021-05-25T08:04:07Z Framework for network-constrained cooperative trading of multi-microgrid systems Isuru, Mohasha Krishnan, Ashok Foo, Eddy Yi Shyh Gooi, Hoay Beng School of Electrical and Electronic Engineering 2020 59th IEEE Conference on Decision and Control (CDC) Engineering::Electrical and electronic engineering::Electric power Optimization Uncertainty The rising penetration of renewable energy sources (RESs) has led to increased research interest in the optimal scheduling and management of multi-microgrid (MMG) systems. This is due to the potential economic benefits which can be derived from the sharing of resources between the MGs which constitute the MMG. Advanced optimization procedures such as robust optimization (RO) frameworks have been proposed in the literature to handle any uncertainties caused by the stochastic nature of the RES generation, the load demand, and the electricity prices. However, the existing works in the literature do not consider the nonlinear network constraints of individual MGs which might significantly impact the power balance and the power sharing between MGs in MMG systems. This paper proposes a cooperative trading scheme including a two-stage network-constrained robust energy management system to optimize the resource utilization within each MG and the sharing of resources between the constituent MGs of a MMG system. The results clearly highlight the performance of the proposed approach and the impact of including the AC network constraints on the optimal dispatch of the MMG system under varying uncertainties. Ministry of Education (MOE) Accepted version The authors acknowledge the support of the Singapore Ministry of Education Academic Research Fund Tier 1 Grant (MOE2018-T1-002-093). 2021-05-25T08:04:07Z 2021-05-25T08:04:07Z 2020 Conference Paper Isuru, M., Krishnan, A., Foo, E. Y. S. & Gooi, H. B. (2020). Framework for network-constrained cooperative trading of multi-microgrid systems. 2020 59th IEEE Conference on Decision and Control (CDC). https://dx.doi.org/10.1109/CDC42340.2020.9304376 https://hdl.handle.net/10356/148382 10.1109/CDC42340.2020.9304376 en © 2020 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. The published version is available at: https://doi.org/10.1109/CDC42340.2020.9304376 application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic Engineering::Electrical and electronic engineering::Electric power
Optimization
Uncertainty
spellingShingle Engineering::Electrical and electronic engineering::Electric power
Optimization
Uncertainty
Isuru, Mohasha
Krishnan, Ashok
Foo, Eddy Yi Shyh
Gooi, Hoay Beng
Framework for network-constrained cooperative trading of multi-microgrid systems
description The rising penetration of renewable energy sources (RESs) has led to increased research interest in the optimal scheduling and management of multi-microgrid (MMG) systems. This is due to the potential economic benefits which can be derived from the sharing of resources between the MGs which constitute the MMG. Advanced optimization procedures such as robust optimization (RO) frameworks have been proposed in the literature to handle any uncertainties caused by the stochastic nature of the RES generation, the load demand, and the electricity prices. However, the existing works in the literature do not consider the nonlinear network constraints of individual MGs which might significantly impact the power balance and the power sharing between MGs in MMG systems. This paper proposes a cooperative trading scheme including a two-stage network-constrained robust energy management system to optimize the resource utilization within each MG and the sharing of resources between the constituent MGs of a MMG system. The results clearly highlight the performance of the proposed approach and the impact of including the AC network constraints on the optimal dispatch of the MMG system under varying uncertainties.
author2 School of Electrical and Electronic Engineering
author_facet School of Electrical and Electronic Engineering
Isuru, Mohasha
Krishnan, Ashok
Foo, Eddy Yi Shyh
Gooi, Hoay Beng
format Conference or Workshop Item
author Isuru, Mohasha
Krishnan, Ashok
Foo, Eddy Yi Shyh
Gooi, Hoay Beng
author_sort Isuru, Mohasha
title Framework for network-constrained cooperative trading of multi-microgrid systems
title_short Framework for network-constrained cooperative trading of multi-microgrid systems
title_full Framework for network-constrained cooperative trading of multi-microgrid systems
title_fullStr Framework for network-constrained cooperative trading of multi-microgrid systems
title_full_unstemmed Framework for network-constrained cooperative trading of multi-microgrid systems
title_sort framework for network-constrained cooperative trading of multi-microgrid systems
publishDate 2021
url https://hdl.handle.net/10356/148382
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