EconPapers    
Economics at your fingertips  
 

Optimising microgrid energy management: Leveraging flexible storage systems and full integration of renewable energy sources

César Álvarez-Arroyo, Salvatore Vergine, Agustín Sánchez de la Nieta, Lázaro Alvarado-Barrios and D’Amico, Guglielmo

Renewable Energy, 2024, vol. 229, issue C

Abstract: The significance of microgrid systems has grown considerably. This research proposes an innovative approach to manage uncertainty in microgrids by employing energy storage systems as the exclusive flexible resource. To address this challenge, a mathematical problem is formulated as a two-stage stochastic programming model, considering two uncertainties in the microgrid: wind and photovoltaic production. The microgrid system encompasses multiple components, including a diesel generator, a microturbine, wind and photovoltaic power generation, an energy storage system, and the microgrid’s demand. Notably, the microgrid exhibits two distinctive features: (i) the complete integration of wind and photovoltaic production, and (ii) the utilisation of an energy storage system as the sole flexible resource. The objective is to minimise the expected cost of the microgrid system while determining the optimal capacity of the energy storage system to meet the energy balance constraint. This constraint takes into account the varying scenarios of wind and photovoltaic production. The decisions are taking for a duration of 8760 h, a long-term evaluation. A case study is presented for actual data from Greece and the results show high volatility of the renewable energy sources implies higher energy storage system capacity as a sole flexible source for avoiding renewable curtailment.

Keywords: Energy storage system; Flexible energy source; Microgrid; Photovoltaic power; Stochastic programming; Wind power (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148124007699
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:renene:v:229:y:2024:i:c:s0960148124007699

DOI: 10.1016/j.renene.2024.120701

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

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

 
Page updated 2025-03-19
Handle: RePEc:eee:renene:v:229:y:2024:i:c:s0960148124007699