Optimal Resource Management of Microgrids in a Competitive Market Environment Using Dual Layer Control Approach

Abstract

Renewable integrated microgrids effectively contribute in reducing GHG emissions substantially, at a global level. A multi-agent control system to facilitate information exchange for a microgrid participating in the deregulated framework of the electricity market is proposed. A novel energy management system, aimed at the effective utilization of RES and stored energy in PHESS in order to ensure maximum priority based social benefit to the microgrid controller is presented. The intermittent nature of RES which might cause uncertainties in availability during real-time dispatch, is effectively dealt in the proposed dual layer control approach, through optimal usage of PHESS and employment of load prioritization technique in the proposed renewable microgrid. Thus, the research carried out in this work not only ensures the committed power exchange is maintained constant in both DASL and RTDL, but also contributes significantly in PBSB maximization of the microgrid, while managing real-time uncertainties in RES availability. The importance of pre-prioritizing the loads is put forth, in order to ensure that, if load curtailing needs to be done during peak demand intervals, the critical loads must not suffer. The developed algorithm has been successfully implemented on a 16 bus microgrid interconnected with a 30 bus main grid.