Collaborative capacity planning method of wind-photovoltaic-storage equipment in microgrids considering different energy selling incomes

Abstract

A microgrid is a promising small-scale power generation and distribution system. The selling prices of wind turbine equipment (WT), photovoltaic generation equipment (PV), and battery energy storage equipment (BES) have a significant impact on microgrid profits, which, in turn, affects the planning capacity of renewable energy. However, existing research has not yet conducted in-depth modeling and analysis for different kinds of energy generation electricity prices. This paper proposes an optimal capacity planning method for wind-photovoltaic-storage equipment, considering different energy selling incomes in microgrids. Stochastic characteristics of renewable energy (WT and PV), selling prices of different types of energy, and timing coupling characteristic are considered in the proposed model. In addition, the configuration capacities of WT, PV, and BES are modeled as discrete decision variables, according to the type of specific equipment. The comprehensive life cycle cost (LCC) is considered an objective function. It can be found that the proposed collaborative capacity planning model is a mathematical programming problem with complex nonlinear constraints and integer variables. To solve this problem, a cultural gray wolf optimization algorithm (CGWO) is applied in this paper. The proposed method’s efficiency, convergence, superiority, and effectiveness are verified through a case study. Moreover, the impact of different new energy sales prices on capacity planning results is also revealed in the article.