Minimizing the electricity cost of coordinating houses on microgrids

Arikiez, MK, Zito, M and Grasso, F ORCID: 0000-0001-8419-6554
(2017) Minimizing the electricity cost of coordinating houses on microgrids. In: IEEE ISGT Europe 2016, 2016-10-9 - 2016-10-12, Ljubljana.

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This manuscript presents a comprehensive mathematical model for multi-objective optimization problem of the microgrid. The microgrid consists of houses and local plants, each seen as independent agents with their specific goals. We, also, propose a heuristic algorithm for optimizing the electricity cost by using the concept of load shifting and renewable power sharing among houses in the microgrid for a particular price. Also, the algorithm minimizes the loss of energy by prioritizing power exchange between close houses and minimize discomfort factor. The findings have shown that houses and micro plants working in microgrid setting can make a significant saving. The results have illustrated that our algorithm guarantee nobody will lose in the microgrid.

Item Type: Conference or Workshop Item (Unspecified)
Uncontrolled Keywords: Micro-grid, Home automation, Energy management, Optimization algorithm, resource allocation
Divisions: Faculty of Science and Engineering > School of Electrical Engineering, Electronics and Computer Science
Depositing User: Symplectic Admin
Date Deposited: 28 Jun 2021 08:00
Last Modified: 19 Jan 2023 07:35
DOI: 10.1109/isgteurope.2016.7856284
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