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Operational cost minimization of a microgrid with optimum battery energy storage system and plug-in-hybrid electric vehicle charging impact using slime mould algorithm

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  • Chakraborty, Amit
  • Ray, Saheli

Abstract

Microgrid (MG) with battery energy storage system (BESS) is the best for distribution system automation and hosting renewable energies. The proliferation of plug-in hybrid electric vehicles (PHEV) in distribution networks without energy management (EM) puts additional pressure on the utility and creates challenges for MG. This research article proposes a stochastic expert method to minimize the total operational cost through proper EM of a grid-connected low-voltage MG by considering the charging impact of PHEVs with the optimal size of BESS. Three strategies are used to control the PHEV charging demand. Economically improved performance of MG is obtained as compared to previous research without considering the daily cost of the BESS (fBESS) and operation and maintenance cost of different distributed generation sources (OMcost). Then, the study is extended by incorporating these two parameters into the objective function of operational cost. Finally, this article analyzes to what extent the fBESS and OMcost factors raise the microgrid's operational cost. Due to non-linear optimization issues, the slime mould algorithm (SMA) is proposed, which performed better EM with a lower operational cost of MG than other methods.

Suggested Citation

  • Chakraborty, Amit & Ray, Saheli, 2023. "Operational cost minimization of a microgrid with optimum battery energy storage system and plug-in-hybrid electric vehicle charging impact using slime mould algorithm," Energy, Elsevier, vol. 278(PA).
    • Handle: RePEc:eee:energy:v:278:y:2023:i:pa:s0360544223012367
    DOI: 10.1016/j.energy.2023.127842
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    1. Chakraborty, Amit & Ray, Saheli, 2024. "Economic and environmental factors based multi-objective approach for optimizing energy management in a microgrid," Renewable Energy, Elsevier, vol. 222(C).
    2. Carvalho, Diego B. & Bortoni, Edson da C., 2024. "Proposed model with weighted parameters for microgrid management: Incorporating diverse load profiles, assorted tariff policies, and energy storage devices," Energy, Elsevier, vol. 296(C).

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