Framework for network-constrained cooperative trading of multi-microgrid systems

The rising penetration of renewable energy sources (RESs) has led to increased research interest in the optimal scheduling and management of multi-microgrid (MMG) systems. This is due to the potential economic benefits which can be derived from the sharing of resources between the MGs which constitu...

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Bibliographic Details
Main Authors: Isuru, Mohasha, Krishnan, Ashok, Foo, Eddy Yi Shyh, Gooi, Hoay Beng
Other Authors: School of Electrical and Electronic Engineering
Format: Conference Paper
Language:English
Published: 2021
Subjects:
Online Access:https://hdl.handle.net/10356/148382
Description
Summary:The rising penetration of renewable energy sources (RESs) has led to increased research interest in the optimal scheduling and management of multi-microgrid (MMG) systems. This is due to the potential economic benefits which can be derived from the sharing of resources between the MGs which constitute the MMG. Advanced optimization procedures such as robust optimization (RO) frameworks have been proposed in the literature to handle any uncertainties caused by the stochastic nature of the RES generation, the load demand, and the electricity prices. However, the existing works in the literature do not consider the nonlinear network constraints of individual MGs which might significantly impact the power balance and the power sharing between MGs in MMG systems. This paper proposes a cooperative trading scheme including a two-stage network-constrained robust energy management system to optimize the resource utilization within each MG and the sharing of resources between the constituent MGs of a MMG system. The results clearly highlight the performance of the proposed approach and the impact of including the AC network constraints on the optimal dispatch of the MMG system under varying uncertainties.