Optimal Allocation of Energy Storage Systems for Load Management in Distributed Renewable Generations
DOI:
https://doi.org/10.24084/repqj18.468Keywords:
AC-OPF, cost optimization, demand side man-agement, energy storage system, smart gridAbstract
In recent years, the concept of smart grids hasbrought major development in distributed systems. Therefore,the overall grid efficiency can be enhanced with intended inte-gration of several different types of renewable energy sourcesin distribution systems and further target highest reliabilityand reduced system losses with great operational flexibility. Inthis paper, we address optimal allocation of storage devices forachieving proper and feasible satisfactory load management. Theallocation strategy consists of AC- optimal power flow (AC-OPF)for suitable storage placement with the objective to optimizethe installation cost, energy balance and system losses. Theproposed methodology is tested for various scenarios of renewableintegrated, IEEE 24-bus standard test network. Hence, the overallsystem benefits is observed to be maximized.