Energy Efficient Integration of Renewable Energy Sources in Smart Grid

Abstract

With the emergence of smart grid (SG), the residents have the opportunity to integrate renewable energy sources (RESs) and take part in demand side management (DSM). In this regard, we design energy management control unit (EMCU) based on genetic algorithm (GA), binary particle swarm optimization (BPSO), and wind driven optimization (WDO) to schedule appliances in presence of objective function, constraints, control parameters, and comparatively evaluate the performance. For energy pricing, real time pricing (RTP) plus inclined block rate (IBR) is used. RESs integration to SG is a challenge due stochastic nature of RE. In this paper, two techniques are addressed to handle the stochastic nature of RE. First one is energy storage system (ESS) which smooths out variation in RE generation. Second one is the trading/cooperation of excess generation to neighboring consumers. The simulation results show that WDO perform more efficiently than unscheduled in terms of reduction in: electricity cost, the tradeoff between electricity cost and waiting time, and peak to average ratio (PAR). Moreover, incorporation of RESs into SG design increase the revenue and reduce carbon emission.