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Game Theoretical Energy Management with Storage Capacity Optimization and Photo-Voltaic Cell Generated Power Forecasting in Micro Grid

Author

Listed:
  • Aqdas Naz

    (Department of Computer Science, COMSATS University Islamabad, Islamabad 44000, Pakistan)

  • Nadeem Javaid

    (Department of Computer Science, COMSATS University Islamabad, Islamabad 44000, Pakistan)

  • Muhammad Babar Rasheed

    (Department of Electronics and Electrical Systems, The University of Lahore, Lahore 54000, Pakistan)

  • Abdul Haseeb

    (Department of Electrical Engineering, Institute of Space Technology (IST), Islamabad 44000, Pakistan)

  • Musaed Alhussein

    (Computer Engineering Department, College of Computer and Information Sciences, King Saud University, Riyadh 11543, Saudi Arabia)

  • Khursheed Aurangzeb

    (Computer Engineering Department, College of Computer and Information Sciences, King Saud University, Riyadh 11543, Saudi Arabia)

Abstract

In order to ensure optimal and secure functionality of Micro Grid (MG), energy management system plays vital role in managing multiple electrical load and distributed energy technologies. With the evolution of Smart Grids (SG), energy generation system that includes renewable resources is introduced in MG. This work focuses on coordinated energy management of traditional and renewable resources. Users and MG with storage capacity is taken into account to perform energy management efficiently. First of all, two stage Stackelberg game is formulated. Every player in game theory tries to increase its payoff and also ensures user comfort and system reliability. In the next step, two forecasting techniques are proposed in order to forecast Photo Voltaic Cell (PVC) generation for announcing optimal prices. Furthermore, existence and uniqueness of Nash Equilibrium (NE) of energy management algorithm are also proved. In simulation, results clearly show that proposed game theoretic approach along with storage capacity optimization and forecasting techniques give benefit to both players, i.e., users and MG. The proposed technique Gray wolf optimized Auto Regressive Integrated Moving Average (GARIMA) gives 40% better result and Cuckoo Search Auto Regressive Integrated Moving Average (CARIMA) gives 30% better results as compared to existing techniques.

Suggested Citation

  • Aqdas Naz & Nadeem Javaid & Muhammad Babar Rasheed & Abdul Haseeb & Musaed Alhussein & Khursheed Aurangzeb, 2019. "Game Theoretical Energy Management with Storage Capacity Optimization and Photo-Voltaic Cell Generated Power Forecasting in Micro Grid," Sustainability, MDPI, vol. 11(10), pages 1-22, May.
  • Handle: RePEc:gam:jsusta:v:11:y:2019:i:10:p:2763-:d:231102
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    References listed on IDEAS

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    2. Ji-Won Lee & Mun-Kyeom Kim & Hyung-Joon Kim, 2021. "A Multi-Agent Based Optimization Model for Microgrid Operation with Hybrid Method Using Game Theory Strategy," Energies, MDPI, vol. 14(3), pages 1-21, January.
    3. Amrutha Raju Battula & Sandeep Vuddanti & Surender Reddy Salkuti, 2021. "Review of Energy Management System Approaches in Microgrids," Energies, MDPI, vol. 14(17), pages 1-32, September.
    4. Niu, Dongxiao & Yu, Min & Sun, Lijie & Gao, Tian & Wang, Keke, 2022. "Short-term multi-energy load forecasting for integrated energy systems based on CNN-BiGRU optimized by attention mechanism," Applied Energy, Elsevier, vol. 313(C).
    5. Taha Selim Ustun & S. M. Suhail Hussain, 2019. "Secure Communication Modeling for Microgrid Energy Management System: Development and Application," Energies, MDPI, vol. 13(1), pages 1-14, December.
    6. Wan, Anping & Chang, Qing & AL-Bukhaiti, Khalil & He, Jiabo, 2023. "Short-term power load forecasting for combined heat and power using CNN-LSTM enhanced by attention mechanism," Energy, Elsevier, vol. 282(C).

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