Stochastic MPC for real-time market-based optimal power dispatch

2011 ◽  
Author(s):  
Panagiotis Patrinos ◽  
Sergio Trimboli ◽  
Alberto Bemporad
Keyword(s):  
Real Time ◽  
Optimal Power ◽  
Power Dispatch

scholarly journals Multi-Agent Consensus Algorithm-Based Optimal Power Dispatch for Islanded Multi-Microgrids

Processes ◽  
2019 ◽  
Vol 7 (10) ◽  
pp. 679 ◽  
Author(s):  
Xingli ◽  
Ning
Keyword(s):  
Real Time ◽  
Cost Model ◽  
Consensus Algorithm ◽  
Power Balance ◽  
System A ◽  
Optimal Power ◽  
Power Dispatch ◽  
Multi Agent ◽  
Cost Simulation ◽  
Cooperative Power

Islanded multi-microgrids formed by interconnections of microgrids will be conducive to the improvement of system economic efficiency and supply reliability. Due to the lack of support from a main grid, the requirement of real-time power balance of the islanded multi-microgrid is relatively high. In order to solve real-time dispatch problems in an island multi-microgrid system, a real-time cooperative power dispatch framework is proposed by using the multi-agent consensus algorithm. On this basis, a regulation cost model for the microgrid is developed. Then a consensus algorithm of power dispatch is designed by selecting the regulation cost of each microgrid as the consensus variable to make all microgrids share the power unbalance, thus reducing the total regulation cost. Simulation results show that the proposed consensus algorithm can effectively solve the real-time power dispatch problem for islanded multi-microgrids.

scholarly journals Probabilistic Optimal Power Dispatch Considering Price-Based Real-Time Demand Response

2019 ◽  
Vol 12 (1) ◽  
pp. 201-210
Author(s):  
Udoum Chhor ◽  
◽  
Uthen Leeton ◽  
Keerati Chayakulkheeree ◽  
◽  
...  
Keyword(s):  
Real Time ◽  
Demand Response ◽  
Optimal Power ◽  
Power Dispatch

scholarly journals Home Energy Management for Community Microgrids Using Optimal Power Sharing Algorithm

Energies ◽  
2021 ◽  
Vol 14 (4) ◽  
pp. 1060
Author(s):  
Md Mamun Ur Rashid ◽  
Majed A. Alotaibi ◽  
Abdul Hasib Chowdhury ◽  
Muaz Rahman ◽  
Md. Shafiul Alam ◽  
...  
Keyword(s):  
Energy Storage ◽  
Real Time ◽  
Energy Management ◽  
Cost Minimization ◽  
Renewable Energy Sources ◽  
Storage System ◽  
Power Sharing ◽  
Optimal Power ◽  
Time Operation ◽  
Home Energy Management

From a residential point of view, home energy management (HEM) is an essential requirement in order to diminish peak demand and utility tariffs. The integration of renewable energy sources (RESs) together with battery energy storage systems (BESSs) and central battery storage system (CBSS) may promote energy and cost minimization. However, proper home appliance scheduling along with energy storage options is essential to significantly decrease the energy consumption profile and overall expenditure in real-time operation. This paper proposes a cost-effective HEM scheme in the microgrid framework to promote curtailing of energy usage and relevant utility tariff considering both energy storage and renewable sources integration. Usually, the household appliances have different runtime preferences and duration of operation based on user demand. This work considers a simulator designed in the C++ platform to address the domestic customer’s HEM issue based on usages priorities. The positive aspects of merging RESs, BESSs, and CBSSs with the proposed optimal power sharing algorithm (OPSA) are evaluated by considering three distinct case scenarios. Comprehensive analysis of each scenario considering the real-time scheduling of home appliances is conducted to substantiate the efficacy of the outlined energy and cost mitigation schemes. The results obtained demonstrate the effectiveness of the proposed algorithm to enable energy and cost savings up to 37.5% and 45% in comparison to the prevailing methodology.

scholarly journals Optimal power dispatch in a multisource system using fuzzy logic control

2020 ◽  
Vol 6 ◽  
pp. 1443-1449
Author(s):  
Kelebogile Meje ◽  
Lindiwe Bokopane ◽  
Kanzumba Kusakana ◽  
Mukwanga Siti
Keyword(s):  
Fuzzy Logic ◽  
Fuzzy Logic Control ◽  
Logic Control ◽  
Optimal Power ◽  
Power Dispatch
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