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Optimal sizing and techno-economic analysis of energy- and cost-efficient standalone multi-carrier microgrid

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  • Lorestani, Alireza
  • Gharehpetian, G.B.
  • Nazari, Mohammad Hassan

Abstract

The objective of this study is optimal sizing and techno-economic analysis of an energy- and cost-efficient standalone multi-carrier microgrid (SMCMG). This SMCMG is with the integration of photovoltaic-thermal (PVT), wind turbine (WT), micro-turbine (MT), electrical energy storage (EES), thermal energy storage (TES), and backup natural gas boiler (GB) units. For this aim, a long-term planning approach is put forward, taking into account battery degradation and reliability considerations. Total annual cost (TAC) is served as the objective function of the optimization problem, which covers investment, replacement, fuel, and operation and maintenance costs. A rule-based energy management system (EMS), which prioritizes the application of renewable energy (RE) resources, is introduced to administrate the SMCMG operation and maximize RE utilization. To solve the optimization problem, a robust metaheuristic optimization algorithm, called evolutionary particle swarm optimization (E-PSO), is employed, and the results are validated. The simulations are conducted based on real data from Rafsanjan, Iran.

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  • Lorestani, Alireza & Gharehpetian, G.B. & Nazari, Mohammad Hassan, 2019. "Optimal sizing and techno-economic analysis of energy- and cost-efficient standalone multi-carrier microgrid," Energy, Elsevier, vol. 178(C), pages 751-764.
    • Handle: RePEc:eee:energy:v:178:y:2019:i:c:p:751-764
    DOI: 10.1016/j.energy.2019.04.152
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    7. Shahbazbegian, Vahid & Dehghani, Farnam & Shafiyi, Mohammad Agha & Shafie-khah, Miadreza & Laaksonen, Hannu & Ameli, Hossein, 2023. "Techno-economic assessment of energy storage systems in multi-energy microgrids utilizing decomposition methodology," Energy, Elsevier, vol. 283(C).
    8. Nikmehr, Nima, 2020. "Distributed robust operational optimization of networked microgrids embedded interconnected energy hubs," Energy, Elsevier, vol. 199(C).
    9. Mehrdad Tahmasebi & Jagadeesh Pasupuleti & Fatemeh Mohamadian & Mohammad Shakeri & Josep M. Guerrero & M. Reyasudin Basir Khan & Muhammad Shahzad Nazir & Amir Safari & Najmeh Bazmohammadi, 2021. "Optimal Operation of Stand-Alone Microgrid Considering Emission Issues and Demand Response Program Using Whale Optimization Algorithm," Sustainability, MDPI, vol. 13(14), pages 1-22, July.
    10. Haipeng Wang & Xuewei Wu & Kai Sun & Xiaodong Du & Yuling He & Kaiwen Li, 2023. "Economic Dispatch Optimization of a Microgrid with Wind–Photovoltaic-Load-Storage in Multiple Scenarios," Energies, MDPI, vol. 16(9), pages 1-16, May.
    11. Ameer A. Kareim Al-Sahlawi & Shahrin Md. Ayob & Chee Wei Tan & Hussein Mohammed Ridha & Dhafer Manea Hachim, 2024. "Optimal Design of Grid-Connected Hybrid Renewable Energy System Considering Electric Vehicle Station Using Improved Multi-Objective Optimization: Techno-Economic Perspectives," Sustainability, MDPI, vol. 16(6), pages 1-35, March.
    12. Jichun Liu & Zhengbo Chen & Yue Xiang, 2019. "Exploring Economic Criteria for Energy Storage System Sizing," Energies, MDPI, vol. 12(12), pages 1-17, June.
    13. Hoseini, Naghi & Sheikholeslami, Abdolreza & Barforoushi, Taghi & Latify, Mohammad Amin, 2020. "Preventive maintenance mid-term scheduling of resources in multi-carrier energy systems," Energy, Elsevier, vol. 197(C).
    14. Zandrazavi, Seyed Farhad & Guzman, Cindy Paola & Pozos, Alejandra Tabares & Quiros-Tortos, Jairo & Franco, John Fredy, 2022. "Stochastic multi-objective optimal energy management of grid-connected unbalanced microgrids with renewable energy generation and plug-in electric vehicles," Energy, Elsevier, vol. 241(C).
    15. Rahmat Khezri & Amin Mahmoudi & Hirohisa Aki & S. M. Muyeen, 2021. "Optimal Planning of Remote Area Electricity Supply Systems: Comprehensive Review, Recent Developments and Future Scopes," Energies, MDPI, vol. 14(18), pages 1-29, September.
    16. Takele Ferede Agajie & Ahmed Ali & Armand Fopah-Lele & Isaac Amoussou & Baseem Khan & Carmen Lilí Rodríguez Velasco & Emmanuel Tanyi, 2023. "A Comprehensive Review on Techno-Economic Analysis and Optimal Sizing of Hybrid Renewable Energy Sources with Energy Storage Systems," Energies, MDPI, vol. 16(2), pages 1-26, January.
    17. Azimian, Mahdi & Amir, Vahid & Mohseni, Soheil & Brent, Alan C. & Bazmohammadi, Najmeh & Guerrero, Josep M., 2022. "Optimal Investment Planning of Bankable Multi-Carrier Microgrid Networks," Applied Energy, Elsevier, vol. 328(C).
    18. Abdulgader Alsharif & Chee Wei Tan & Razman Ayop & Ahmed Al Smin & Abdussalam Ali Ahmed & Farag Hamed Kuwil & Mohamed Mohamed Khaleel, 2023. "Impact of Electric Vehicle on Residential Power Distribution Considering Energy Management Strategy and Stochastic Monte Carlo Algorithm," Energies, MDPI, vol. 16(3), pages 1-22, January.
    19. Alaa Farah & Hamdy Hassan & Alaaeldin M. Abdelshafy & Abdelfatah M. Mohamed, 2020. "Optimal Scheduling of Hybrid Multi-Carrier System Feeding Electrical/Thermal Load Based on Particle Swarm Algorithm," Sustainability, MDPI, vol. 12(11), pages 1-21, June.
    20. Soheil Mohseni & Alan C. Brent & Daniel Burmester, 2021. "Off-Grid Multi-Carrier Microgrid Design Optimisation: The Case of Rakiura–Stewart Island, Aotearoa–New Zealand," Energies, MDPI, vol. 14(20), pages 1-28, October.

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