• DocumentCode
    264959
  • Title

    The Optimal Allocation Model of Microgrid Based on Economic Benefits

  • Author

    Bin Su ; Tong Wu ; Zhenya Zhan

  • Author_Institution
    Dept. of Autom., Northeastern Univ., Shenyang, China
  • Volume
    1
  • fYear
    2014
  • fDate
    26-27 Aug. 2014
  • Firstpage
    300
  • Lastpage
    303
  • Abstract
    The microgrid technology provides a desirable way and an opportunity to reduce the burning of fossil fuels. It also has important significance for utilizing and developing new energy. In this paper, the distribution generation is considered to provide electrical energy in a microgrid and the distribution generation devices mainly include the photovoltaic cell, wind generator and the energy storage device. To build the optimal allocation model of this microgrid, the time-of-use electricity price and environmental benefit index are also included. The optimal allocation model shows a better way to save energy and it can also guarantee the least cost in condition of meeting the power load. This paper gives a way to develop an environment-friendly economy microgrid.
  • Keywords
    distributed power generation; photovoltaic cells; pricing; wind power; distribution generation; economic benefits; electrical energy; energy storage device; environment-friendly economy microgrid; environmental benefit index; microgrid technology; optimal allocation model; photovoltaic cell; power load; time-of-use electricity price; wind generator; Electricity; Energy storage; Indexes; Microgrids; Photovoltaic cells; Resource management; Distribution generation; Environmental benefit index; Microgrid; Optimal allocation model; The time-of-use electricity price;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Intelligent Human-Machine Systems and Cybernetics (IHMSC), 2014 Sixth International Conference on
  • Conference_Location
    Hangzhou
  • Print_ISBN
    978-1-4799-4956-4
  • Type

    conf

  • DOI
    10.1109/IHMSC.2014.80
  • Filename
    6917363