EconPapers    
Economics at your fingertips  
 

An optimal investment planning framework for multiple distributed generation units in industrial distribution systems

Duong Quoc Hung, N. Mithulananthan and R.C. Bansal

Applied Energy, 2014, vol. 124, issue C, 62-72

Abstract: This paper presents new analytical expressions to efficiently capture the optimal power factor of each Distributed Generation (DG) unit for reducing energy losses and enhancing voltage stability over a given planning horizon. These expressions are based on the derivation of a multi-objective index (IMO), which is formulated as a combination of active and reactive power loss indices. The decision for the optimal location, size and number of DG units is then obtained through a benefit–cost analysis. Here, the total benefit includes energy sales and additional benefits, namely energy loss reduction, network upgrade deferral and emission reduction. The total cost is a sum of capital, operation and maintenance costs. The methodology was applied to a 69-bus industrial distribution system. The results showed that the additional benefits are imperative. Inclusion of these in the analysis would yield faster DG investment recovery.

Keywords: Distributed generation; Emission reduction; Loss reduction; Network upgrade deferral; Optimal power factor; Voltage stability (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S030626191400227X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:124:y:2014:i:c:p:62-72

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

DOI: 10.1016/j.apenergy.2014.03.005

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:appene:v:124:y:2014:i:c:p:62-72