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
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;
Conference_Titel :
Intelligent Human-Machine Systems and Cybernetics (IHMSC), 2014 Sixth International Conference on
Conference_Location :
Hangzhou
Print_ISBN :
978-1-4799-4956-4
DOI :
10.1109/IHMSC.2014.80