Title :
New Metrics for Assessing the Reliability and Economics of Microgrids in Distribution System
Author :
Shouxiang Wang ; Zhixin Li ; Lei Wu ; Shahidehpour, Mohammad ; Zuyi Li
Author_Institution :
Key Lab. of Smart Grid of Minist. of Educ., Tianjin Univ., Tianjin, China
Abstract :
This paper proposes a series of new metrics for the reliability and economic assessment of microgrids in distribution system. These metrics include reliability parameters for a microgrid in the islanded mode, indices indicating distributed generation (DG) and load characteristics in the microgrid, microgrid economic indices, and customer based microgrid reliability indices. A two-step Monte Carlo simulation (MCS) method is proposed to assess the reliability and economics of a microgrid with intermittent DGs as well as the reliability of distribution system with microgrids. An application in IEEE-RBTS shows the effectiveness of the reliability and economic assessment technique with the proposed metrics, which can provide scientific and comparative information for the design and operation of microgrids.
Keywords :
Monte Carlo methods; distributed power generation; power distribution economics; power distribution reliability; power generation reliability; IEEE-RBTS; customer-based microgrid reliability indices; distributed generation; distribution system reliability; intermittent DG; islanded mode; load characteristics; microgrid design; microgrid economic assessment; microgrid economic indices; microgrid operation; microgrid reliability assessment; reliability parameter; two-step MCS method; two-step Monte Carlo simulation method; Economics; Load modeling; Measurement; Microgrids; Power system reliability; Reliability; Renewable energy resources; Distributed generation; microgrid; reliability assessment;
Journal_Title :
Power Systems, IEEE Transactions on
DOI :
10.1109/TPWRS.2013.2249539
