Optimization of photovoltaic and battery energy storage configuration utilizing the JAYA algorithm

Abstract

To optimize the capacities and locations of newly installed photovoltaic (PV) and battery energy storage (BES) into power systems, a JAYA algorithm-based planning optimization methodology is investigated in this article. For this purpose, a series of mathematical models with constraint conditions are put forward to describe the dynamic properties of PVs and BES systems. Then, a general two-level planning model for maximizing the benefits of society is employed by introducing objective functions at the investment and operational levels from comprehensive influencing factors under different companies. To determine the optimal locations and capacities for configuring renewable energy sources, the proposed planning framework is solved using the JAYA algorithm. Finally, the effectiveness and reliability of the proposed configuration method are validated using an Institute of Electrical and Electronics Engineers (IEEE) 24-bus system with PVs and BES systems. Comparing the results of the various cases, it is obvious that the JAYA-based two-level planning optimization method can find the optimal configuration with minimum cost in shorter convergence times. Hence, the configuration strategy determined via the planning optimization method using the JAYA algorithm offers valuable guidance for the installation capacities and layouts of PVs and BES systems in power systems, which underscores their practical significance in energy management.