Quantifying Sustainable Urban Energy Solutions: Statistical Analysis of Renewable Adoption, Economic Viability, and Technological Innovations

Abstract

In the context of quantifying sustainable and reliable urban microgrid energy solutions economic feasibility, and technological innovation, this study investigates the potential advantages of hybrid AC-DC microgrids (HMGs) over traditional AC microgrids by eliminating the need for voltage inverters and mitigating energy losses associated with AC-DC converters. We propose a probabilistic strategy for economic feasibility and optimizing the unit commitment of HMGs while considering the integration of renewable energy sources and batteries. To account for uncertainties stemming from load demand fluctuations, energy market price variations, and renewable energy source output power variability, we introduce a stochastic power flow model based on the 2 m point estimation method for economic feasibility and technological innovation of HMGs. Furthermore, we present a novel and robust hybrid optimization approach that combines the harmony search optimization method and genetic algorithm to explore the problem space and identify optimal solutions. This hybrid optimization method incorporates a unique two-stage modification technique, enhancing its search capabilities while preventing convergence to local optima. To assess the performance of our proposed method, we apply it to the IEEE test system. The results demonstrate the effectiveness of our approach in achieving optimal management of the microgrid system, emphasizing its relevance to the quantification of sustainable and reliable urban microgrid energy solutions.