TY - GEN
T1 - Optimal grid-connected microgrid scheduling incorporating an incentive-based demand response program
AU - Olorunfemi, Tope Roseline
AU - Nwulu, Nnamdi
N1 - Publisher Copyright:
© Springer Nature Singapore Pte Ltd 2020.
PY - 2020
Y1 - 2020
N2 - This study investigates the optimal scheduling of a grid-connected microgrid incorporating an incentive-based demand response program (IBDRP) at the customer side to reduce electricity consumption. A mixture of renewable and non-renewable energy sources was deployed in the microgrid. This comprises wind energy, solar energy and power generating units (PGUs). A multi-objective model was formulated which seeks to simultaneously minimize the annual cost of electricity production, minimize the carbon dioxide emission and maximize the customers’ participation in the IBDRP, to increase the customer benefit that comes with the program. The Advanced Interactive Multidimensional Modeling System (AIMMS) software was used to solve the formulated multi-objective optimization model. The simulation results obtained show the applicability of the model.
AB - This study investigates the optimal scheduling of a grid-connected microgrid incorporating an incentive-based demand response program (IBDRP) at the customer side to reduce electricity consumption. A mixture of renewable and non-renewable energy sources was deployed in the microgrid. This comprises wind energy, solar energy and power generating units (PGUs). A multi-objective model was formulated which seeks to simultaneously minimize the annual cost of electricity production, minimize the carbon dioxide emission and maximize the customers’ participation in the IBDRP, to increase the customer benefit that comes with the program. The Advanced Interactive Multidimensional Modeling System (AIMMS) software was used to solve the formulated multi-objective optimization model. The simulation results obtained show the applicability of the model.
UR - http://www.scopus.com/inward/record.url?scp=85091295669&partnerID=8YFLogxK
U2 - 10.1007/978-981-15-5753-8_56
DO - 10.1007/978-981-15-5753-8_56
M3 - Conference contribution
AN - SCOPUS:85091295669
SN - 9789811557521
T3 - Lecture Notes in Mechanical Engineering
SP - 615
EP - 622
BT - Advances in Manufacturing Engineering - Selected Articles from ICMMPE 2019
A2 - Emamian, Seyed Sattar
A2 - Yusof, Farazila
A2 - Awang, Mokhtar
PB - Springer Science and Business Media Deutschland GmbH
T2 - 5th International Conference on Mechanical, Manufacturing and Plant Engineering, ICMMPE 2019
Y2 - 19 November 2019 through 21 November 2019
ER -
