TY - GEN
T1 - Predictive economic dispatch on microgrid with high penetration of renewable energy sources
AU - Mejia, David
AU - Patino, Diego
N1 - Publisher Copyright:
© 2016 IEEE.
PY - 2016/12/9
Y1 - 2016/12/9
N2 - In this work, a framework for incorporating renewable energy sources into the economic dispatch problem of microgrid system is presented. It shows the possible advantages of adopting a predictive economic dispatch approach. In particular, simulation of the economic dispatch solution for a microgrid system -with both solar and wind technologies and also a battery storage system- illustrates the conditions under which the operation of power systems, with conventional economic dispatch algorithms do not provide a suitable solution. In addition, the purposed predictive strategy shows that it can leads to technical as well as economical improvements depending on the composition of the generation portfolio.
AB - In this work, a framework for incorporating renewable energy sources into the economic dispatch problem of microgrid system is presented. It shows the possible advantages of adopting a predictive economic dispatch approach. In particular, simulation of the economic dispatch solution for a microgrid system -with both solar and wind technologies and also a battery storage system- illustrates the conditions under which the operation of power systems, with conventional economic dispatch algorithms do not provide a suitable solution. In addition, the purposed predictive strategy shows that it can leads to technical as well as economical improvements depending on the composition of the generation portfolio.
UR - http://www.scopus.com/inward/record.url?scp=85010677254&partnerID=8YFLogxK
U2 - 10.1109/ISGT.2016.7781252
DO - 10.1109/ISGT.2016.7781252
M3 - Conference contribution
AN - SCOPUS:85010677254
T3 - 2016 IEEE Power and Energy Society Innovative Smart Grid Technologies Conference, ISGT 2016
BT - 2016 IEEE Power and Energy Society Innovative Smart Grid Technologies Conference, ISGT 2016
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2016 IEEE Power and Energy Society Innovative Smart Grid Technologies Conference, ISGT 2016
Y2 - 6 September 2016 through 9 September 2016
ER -