Abstract

Systems are inherently tied to uncertainty, which necessitates the development of designs and schedules that accommodate this unpredictability. Particularly in modern power systems, the variable efficiency of numerous factors, including pricing, underscores the need for uncertainty modeling. In the meantime, the incorporation of EVs (electric vehicles) into the electrical grid is advancing, with these vehicles being recognized for their role in reducing dependency on fossil energies and enhancing the resilience, stability and efficiency of the grid. However, the rapid growth of the EV sector necessitates thoughtful strategies from decision-makers to manage its expansion effectively, particularly considering the environmental implications associated with the life cycle of EVs, including their charging and discharging processes. This research introduces the conceptual design and optimization approach utilizing a hybrid bat algorithm and differential evolution algorithm (BA-DEA) to improve the efficiency and resilience of EV-smart parking lots under the unpredictable conditions caused by grid pricing fluctuations within the DRP (demand response program). The technique effectively modulates daily costs by adjusting loads among peak and off-peak periods. Key features of the proposed approach include a non-dominated sorting model, innovative variable identification, a memory-based selection process, and the application of fuzzy theory to identify optimal Pareto outcomes. This methodology is not only swift in converging to a solution but also demonstrates a high likelihood of reaching the global optimum. Modeling considerations for smart hydrogen storage systems (SHSSs) incorporate significant constraints, notably those associated with electrolyzers, fuel cells, and storage capacities. The algorithm's effectiveness is validated in scenarios involving parking facilities and multiple uncertain resources, demonstrating a robust reduction in specific cost indicators and adjustments in cost dynamics when DRP is considered. Specifically, the algorithm achieves a substantial 42% decrease in cost variability when DRP is excluded, and a 46.9% reduction in cost variability when DRP is included, despite a minor 5% increase in average cost. These outcomes underscore the proposed system's capability to improve resilience and thermal performance under fluctuating conditions, making it a promising solution for future smart energy systems. Further, the results exhibited the complex interplay between cost optimization and operational adjustments in response to demand-side management.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call