Real-time energy management system development in smart grid

Nanyang Technological University, Singapore (NTU) is collaborating with Sunseap Group to develop a solution that can be used by owners of PV farms to manage solar intermittencies caused by abrupt weather conditions such as moving clouds, sudden tropical rains, etc. NTU is responsible for developing...

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Main Author: Malani Sarvash
Other Authors: Gooi Hoay Beng
Format: Final Year Project
Language:English
Published: Nanyang Technological University 2022
Subjects:
Online Access:https://hdl.handle.net/10356/157275
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-1572752023-07-07T19:00:19Z Real-time energy management system development in smart grid Malani Sarvash Gooi Hoay Beng School of Electrical and Electronic Engineering EHBGOOI@ntu.edu.sg Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution Nanyang Technological University, Singapore (NTU) is collaborating with Sunseap Group to develop a solution that can be used by owners of PV farms to manage solar intermittencies caused by abrupt weather conditions such as moving clouds, sudden tropical rains, etc. NTU is responsible for developing an energy management system for solar farms and for testing the system on a real testbed. A Hierarchical Energy Management System (HiEMS) design is chosen to be developed for the NTU-Sunseap project. This study is focused on developing several parts of the HiEMS and on testing the HiEMS virtually with the end goal of commercial deployment at the Sunseap solar site. The HiEMS coordinates and optimizes multiple market bids such as energy market and performance regulation market by considering a realistic Battery Energy Storage System(BESS) performance model. The HiEMS also coordinates with multiple BESSs through a hierarchical structure and manages the BESS’s state of charge values. The system optimizes the setpoint of each BESS based on their dynamically changing annualized cost calculated using scoring their performance using three criteria, namely precision, delay, and correlation. The HiEMS has the objective to increase revenue by participating in the energy market and performance regulation market and, at the same time, improve the cost-performance index of the BESS aggregation. Bachelor of Engineering (Electrical and Electronic Engineering) 2022-05-12T13:40:26Z 2022-05-12T13:40:26Z 2022 Final Year Project (FYP) Malani Sarvash (2022). Real-time energy management system development in smart grid. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/157275 https://hdl.handle.net/10356/157275 en A1051-211 application/pdf Nanyang Technological University
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::Production, transmission and distribution
spellingShingle Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution
Malani Sarvash
Real-time energy management system development in smart grid
description Nanyang Technological University, Singapore (NTU) is collaborating with Sunseap Group to develop a solution that can be used by owners of PV farms to manage solar intermittencies caused by abrupt weather conditions such as moving clouds, sudden tropical rains, etc. NTU is responsible for developing an energy management system for solar farms and for testing the system on a real testbed. A Hierarchical Energy Management System (HiEMS) design is chosen to be developed for the NTU-Sunseap project. This study is focused on developing several parts of the HiEMS and on testing the HiEMS virtually with the end goal of commercial deployment at the Sunseap solar site. The HiEMS coordinates and optimizes multiple market bids such as energy market and performance regulation market by considering a realistic Battery Energy Storage System(BESS) performance model. The HiEMS also coordinates with multiple BESSs through a hierarchical structure and manages the BESS’s state of charge values. The system optimizes the setpoint of each BESS based on their dynamically changing annualized cost calculated using scoring their performance using three criteria, namely precision, delay, and correlation. The HiEMS has the objective to increase revenue by participating in the energy market and performance regulation market and, at the same time, improve the cost-performance index of the BESS aggregation.
author2 Gooi Hoay Beng
author_facet Gooi Hoay Beng
Malani Sarvash
format Final Year Project
author Malani Sarvash
author_sort Malani Sarvash
title Real-time energy management system development in smart grid
title_short Real-time energy management system development in smart grid
title_full Real-time energy management system development in smart grid
title_fullStr Real-time energy management system development in smart grid
title_full_unstemmed Real-time energy management system development in smart grid
title_sort real-time energy management system development in smart grid
publisher Nanyang Technological University
publishDate 2022
url https://hdl.handle.net/10356/157275
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