A Microgrid Energy Management System and Risk Management Under an Electricity Market Environment

This paper presents a novel energy-management method for a microgrid that includes renewable energy, diesel generators, battery storage, and various loads. We assume that the microgrid takes part in a pool market and responds actively to the electricity price to maximize its profit by scheduling its...

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Bibliographic Details
Main Authors: Jingshuang Shen, Chuanwen Jiang, Yangyang Liu, Xu Wang
Format: Article
Language:English
Published: IEEE 2016-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/7458822/