Optimal Operation of Self-Sustainable Green Microgrid in Deregulated Power Sector
Abstract
This paper presents the concept of self-sustainable green microgrid consisting of renewable energy sources like wind, solar etc. The intermittent nature of renewable energy sources has been taken into account by using pump storage unit, which stores the surplus green energy. The novelty of the work lies in the fact that green energy has been utilized as, when available, to the maximum of its capacity, and given priority over thermal generation to serve local loads within the microgrid; thus making it self-sustainable. The optimization aimed at maximization of social benefit has been carried out using double auction model considering all loads as dispatchable. The work has been analyzed on 7 bus test system simulated as green microgrid. Keywords: Dispatchable load, green microgrid, pump storage system, renewable energy sources, self-sustainable, social benefit Cite this Article Jasmine Kaur, Yog Raj Sood, Rajnish Shrivastava. Optimal Operation of SelfSustainable Green Microgrid in Deregulated Power Sector. Journal of Energy Environment and Carbon Credits. 2016; 6(3): 19–25p.
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