A pareto strategy based on multi-objective optimal integration of distributed generation and compensation devices regarding weather and load fluctuations

Abstract

In this study, we present a comprehensive optimization framework employing the Multi-Objective Multi-Verse Optimization (MOMVO) algorithm for the optimal integration of Distributed Generations (DGs) and Capacitor Banks (CBs) into electrical distribution networks. Designed with the dual objectives of minimizing energy losses and voltage deviations, this framework significantly enhances the operational efficiency and reliability of the network. Rigorous simulations on the standard IEEE 33-bus and IEEE 69-bus test systems underscore the effectiveness of the MOMVO algorithm, demonstrating up to a 47% reduction in energy losses and up to a 55% improvement in voltage stability. Comparative analysis highlights MOMVO's superiority in terms of convergence speed and solution quality over leading algorithms such as the Multi-Objective Jellyfish Search (MOJS), Multi-Objective Flower Pollination Algorithm (MOFPA), and Multi-Objective Lichtenberg Algorithm (MOLA). The efficacy of the study is particularly evident in the identification of the best compromise solutions using MOMVO. For the IEEE 33 network, the application of MOMVO led to a significant 47.58% reduction in daily energy loss and enhanced voltage profile stability from 0.89 to 0.94 pu. Additionally, it realized a 36.97% decrease in the annual cost of energy losses, highlighting substantial economic benefits. For the larger IEEE 69 network, MOMVO achieved a remarkable 50.15% reduction in energy loss and improved voltage profiles from 0.89 to 0.93 pu, accompanied by a 47.59% reduction in the annual cost of energy losses. These results not only confirm the robustness of the MOMVO algorithm in optimizing technical and economic efficiencies but also underline the potential of advanced optimization techniques in facilitating the sustainable integration of renewable energy resources into existing power infrastructures. This research significantly contributes to the field of electrical distribution network optimization, paving the way for future advancements in renewable energy integration and optimization techniques for enhanced system efficiency, reliability, and sustainability.