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A Review on Peak Load Shaving in Microgrid—Potential Benefits, Challenges, and Future Trend

Author

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  • Md Masud Rana

    (Centre for Smart Grid Energy Research (CSMER), Department of Electrical and Electronic Engineering, University Teknologi PETRONAS, Seri Iskandar 32610, Malaysia)

  • Mohamed Atef

    (Centre for Smart Grid Energy Research (CSMER), Department of Electrical and Electronic Engineering, University Teknologi PETRONAS, Seri Iskandar 32610, Malaysia)

  • Md Rasel Sarkar

    (School of Engineering & Information Technology, The University of New South Wales, Canberra, ACT 2610, Australia)

  • Moslem Uddin

    (School of Engineering & Information Technology, The University of New South Wales, Canberra, ACT 2610, Australia)

  • GM Shafiullah

    (Discipline of Engineering and Energy, Murdoch University, Perth, WA 6150, Australia)

Abstract

This study aims to review the potential benefits of peak load shaving in a microgrid system. The relevance of peak shaving for a microgrid system is presented in this research review at the outset to justify the peak load shaving efficacy. The prospective benefits of peak shaving in microgrid systems, including technological, economic, and environmental advantages, are thoroughly examined. This review study also presents a cost–benefit numerical analysis to illustrate the economic viability of peak load shaving for a microgrid system. Different peak shaving approaches are briefly discussed, as well as the obstacles of putting them into practice. Finally, this review study reveals some potential future trends and possible directions for peak shaving research in microgrid systems. This review paper lays a strong foundation for identifying the potential benefits of peak shaving in microgrid systems and establishing suitable projects for practical effectuation.

Suggested Citation

  • Md Masud Rana & Mohamed Atef & Md Rasel Sarkar & Moslem Uddin & GM Shafiullah, 2022. "A Review on Peak Load Shaving in Microgrid—Potential Benefits, Challenges, and Future Trend," Energies, MDPI, vol. 15(6), pages 1-17, March.
  • Handle: RePEc:gam:jeners:v:15:y:2022:i:6:p:2278-:d:775869
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