Risk aversion energy management in the networked microgrids with presence of renewable generation using decentralised optimisation approach
Energy management problem is regarded as an important subject in the networked microgrids (MGs) based distribution system, where each entity possesses individual objectives. In this study, risk aversion energy management has been proposed for each MG and the distribution network (DN) in order to ass...
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| Published in: | IET renewable power generation Vol. 13; no. 7; pp. 1050 - 1061 |
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| Main Authors: | , , |
| Format: | Journal Article |
| Language: | English |
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The Institution of Engineering and Technology
20.05.2019
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| ISSN: | 1752-1416, 1752-1424, 1752-1424 |
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| Abstract | Energy management problem is regarded as an important subject in the networked microgrids (MGs) based distribution system, where each entity possesses individual objectives. In this study, risk aversion energy management has been proposed for each MG and the distribution network (DN) in order to assess risks associated with uncertain sources. Conditional value at risk technique is utilised for including variability of profit to the objective function. In addition, this study investigates usefulness of possibility of power trading among MGs. For this aim, separate power line is considered between two different MGs besides of their power lines with DN. Power flow constraints are implemented to energy management formulation of each MG and DN as well. The proposed energy management problem is expressed based on stochastic linear programming. In this study, auxiliary problem principle decentralised approach is utilised to solve the optimisation problem in order to consider computer hardware limitations and privacy constraints. The recommended energy management approach has been applied to the IEEE 33-bus DN which is modified by MGs. Then, the effectiveness of providing power link between each two different MGs on the obtained profit has been evaluated under the both islanded and grid-connected modes of operation and various risk aversion parameter of entities. |
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| AbstractList | Energy management problem is regarded as an important subject in the networked microgrids (MGs) based distribution system, where each entity possesses individual objectives. In this study, risk aversion energy management has been proposed for each MG and the distribution network (DN) in order to assess risks associated with uncertain sources. Conditional value at risk technique is utilised for including variability of profit to the objective function. In addition, this study investigates usefulness of possibility of power trading among MGs. For this aim, separate power line is considered between two different MGs besides of their power lines with DN. Power flow constraints are implemented to energy management formulation of each MG and DN as well. The proposed energy management problem is expressed based on stochastic linear programming. In this study, auxiliary problem principle decentralised approach is utilised to solve the optimisation problem in order to consider computer hardware limitations and privacy constraints. The recommended energy management approach has been applied to the IEEE 33-bus DN which is modified by MGs. Then, the effectiveness of providing power link between each two different MGs on the obtained profit has been evaluated under the both islanded and grid-connected modes of operation and various risk aversion parameter of entities. |
| Author | Salehi, Javad Ghaemi, Sina Hamzeh Aghdam, Farid |
| Author_xml | – sequence: 1 givenname: Sina surname: Ghaemi fullname: Ghaemi, Sina organization: Department of Electrical Engineering, Azarbaijan Shahid Madani University, Tabriz, Iran – sequence: 2 givenname: Javad orcidid: 0000-0002-8140-8301 surname: Salehi fullname: Salehi, Javad email: j.salehi@azaruniv.ac.ir organization: Department of Electrical Engineering, Azarbaijan Shahid Madani University, Tabriz, Iran – sequence: 3 givenname: Farid surname: Hamzeh Aghdam fullname: Hamzeh Aghdam, Farid organization: Department of Electrical Engineering, Azarbaijan Shahid Madani University, Tabriz, Iran |
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| Keywords | power trading linear programming DN distributed power generation networked microgrids based distribution system energy management formulation optimisation problem power generation economics power generation dispatch optimisation risk technique energy management systems decentralised optimisation approach power flow constraints power lines auxiliary problem principle decentralised approach distribution network power markets load flow risk aversion energy management energy management problem |
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| SubjectTerms | auxiliary problem principle decentralised approach decentralised optimisation approach distributed power generation distribution network energy management formulation energy management problem energy management systems linear programming load flow networked microgrids based distribution system optimisation optimisation problem power flow constraints power generation dispatch power generation economics power lines power markets power trading Research Article risk aversion energy management risk technique |
| Title | Risk aversion energy management in the networked microgrids with presence of renewable generation using decentralised optimisation approach |
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