Economic Power Dispatch of a Grid-Tied Photovoltaic Based-Energy Management Systems: Co-optimization Approach

Abstract

The requirement for integration of power plants due to the cyclical rise in electrical energy consumption is due to fluctuating load demand with the current grid systems. This integration necessitates effective allocating loads to the power plants for a minimum grid-tied transmission line cost while meeting network constraints. In this paper, we formulate an optimisation problem of minimising the total operational cost of all committed plants transmitted to the grid while meeting network constraints and ensuring economic power dispatch (EPD) and energy management system co-optimization. The developed Particle Swarm Optimization (PSO) method resolve the optimisation problem using piecewise quadratic function to describe the operational cost of the generation units, and the B coefficient approach is employed to estimate the transmission losses. Intelligent adjustments are made to the acceleration coefficients, and a brand-new algorithm is suggested for distributing the initial power values to the generation units. The developed economic power dispatch strategy successfully demonstrated an imperative cost reduction with connected load of 850MW, 1263MW and 2630MW power demand are contrasted with previous PSO application cost values, maximum yearly cost savings of (0.55%, 91.87), (46.55%, 3.78), (73.86%, 89.10) respectively, and significant environmental-benefit. The proposed co-optimisation approach can enhance a significant self-consumption ratio compared to the baseline method.

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Identifiers

DOI

10.20944/preprints202307.0220.v1

Journal

Preprints.org

Year

2023