Reliability Analysis and Economic Prospect of Wind Energy Sources Incorporated Microgrid System for Smart Buildings Environment

Abstract

This work deals with assessing the reliability of wind energy sources incorporated into a microgrid system to increase grid stability. As the share of power generated from wind energy continues to increase due to environmental concerns and to reduce carbon footprints, the case study proposed is designing an effective wind energy system for a smart building environment to reduce the burden on the grid. Incorporating wind energy systems into grid-connected buildings increases the reliability of the microgrid system for smart building environments. Applying smart techniques with integrated automation in the built environment can play a key role in decreasing peak demand for load development in smart cities. This can also enhance the overall efficiency of power grids, reduce waste, and enable the effective use of energy resources. Furthermore, researchers are finding new ways to collect energy from renewable sources and power-built environments due to dwindling fossil fuel resources and increased environmental awareness. The analysis of wind-connected power systems has been initiated to satisfy the increasing demand for reliable supply systems by consumers. This has prompted the use of wind energy systems with controlled techniques to enhance the reliability of power systems and reduce carbon footprints generated by fossil fuel-based power systems. Therefore, the main purpose of this work is to understand the economic prospects of wind energy sources for smart building environments, reliability analysis of wind energy sources-based power systems, reduce carbon footprints, and balance power demand through wind energy systems. The Progressive Wind Model Taylor-Sequence Proliferation (PWMTSP) and Innovative Six Parameters Based Progressive Beta Creative Model (ISPBPBCM) approaches are proposed to understand the reliability of wind energy-based power systems in smart building environments. The work also provides an economic analysis of the proposed low-cost wind power system with different capacities for residential consumers in selected geographic location. Eight cases are considered for the proposed effective wind energy system for smart building environments ranging from 2 MW to 32 MW. Hence, the economic analysis of the proposed systems is discussed for residential users. All eight cases are eco-friendly and reduce carbon emissions as these generated units from wind energy sources need not be purchased from fossil fuel-based plants, which increases the reliability of the proposed system. The expected energy not supplied (EENS) in the planned work increases as wind power capacity increases. Loss of load expectation (LOLE), loss of load probability (LOLP), and failure rate all decrease with the installation of more wind power systems. Moreover, it can be seen that mean time to repair (MTTR) improves when wind energy capacity rises incrementally from 2 MW to 32 MW. The proposed method is anticipated to be adaptable to various types of wind energy systems where dependability is a crucial component of system design and scalable to large wind integrated power systems.