Abstract
A smart micro grid technology application facilitates the integration of renewable energy and increase its penetration. A smart grid is an electrical network which is built on advanced technology that uses dual-way digital communication to transmit electricity to buyers. The smart grid was created with the aim of using smart meters to overcome the problems faced by traditional grids. Microgrids allow for the integration of multiple renewable energy sources at different levels, improving the power system’s reliability, sustainability and efficiency. Remote places, spacecraft and maritime applications all use DC microgrids. Solar photovoltaic (PV) systems, wind energy, fuel cells, battery management systems, supercapacitors, and loads make up a DC microgrid. In this paper, some of the interesting approaches for optimal energy sharing in the hybrid microgrid are discussed.
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