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Economic Operation of Grid-Connected Microgrid By Multiverse Optimization Algorithm

Author

Listed:
  • Mahdavi, Sadegh
  • Bayat, Alireza
  • Mirzaei, Farzad

Abstract

In this paper, a new optimization algorithm known as the Multiverse Optimization Algorithm (MOA) is developed for optimal economic operation of the micrigrid (MG) in the grid-connected mode. Results show the merit of the proposed technique.

Suggested Citation

  • Mahdavi, Sadegh & Bayat, Alireza & Mirzaei, Farzad, 2019. "Economic Operation of Grid-Connected Microgrid By Multiverse Optimization Algorithm," MPRA Paper 95893, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:95893
    as

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    File URL: https://mpra.ub.uni-muenchen.de/95893/1/MPRA_paper_95893.pdf
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    References listed on IDEAS

    as
    1. Azizi, SeyedSoroosh, 2018. "The impacts of workers' remittances on human capital and labor supply in developing countries," Economic Modelling, Elsevier, vol. 75(C), pages 377-396.
    2. Chen, Yahong & Deng, Changhong & Yao, Weiwei & Liang, Ning & Xia, Pei & Cao, Peng & Dong, Yiwang & Zhang, Yuan-ao & Liu, Zhichao & Li, Dinglin & Chen, Man & Peng, Peng, 2019. "Impacts of stochastic forecast errors of renewable energy generation and load demands on microgrid operation," Renewable Energy, Elsevier, vol. 133(C), pages 442-461.
    3. SeyedSoroosh Azizi, 2017. "Altruism: primary motivation of remittances," Applied Economics Letters, Taylor & Francis Journals, vol. 24(17), pages 1218-1221, October.
    4. Savaghebi, Mehdi & Vasquez, Juan C. & Jalilian, Alireza & Guerrero, Josep M. & Lee, Tzung-Lin, 2013. "Selective compensation of voltage harmonics in grid-connected microgrids," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 91(C), pages 211-228.
    5. Seyedsoroosh Azizi, 2019. "Why do migrants remit?," The World Economy, Wiley Blackwell, vol. 42(2), pages 429-452, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic dispatch; Power Market; Power Economic; Energy Management;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • C0 - Mathematical and Quantitative Methods - - General
    • G0 - Financial Economics - - General
    • H0 - Public Economics - - General
    • L0 - Industrial Organization - - General
    • P0 - Political Economy and Comparative Economic Systems - - General

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