Abstract
The present work investigates the techno-economic solution that can address the problem of rural electrification. To maintain a continuous power supply to this village area, a grid-connected microgrid system was designed that consists of solar photovoltaic (SPV) and battery energy storage systems (BESS). The recently introduced multi-strategy fusion artificial bee colony (MFABC) algorithm was hybridized with the simulated annealing approach and is referred to as the MFABC+ algorithm. This was employed to determine the optimal sizing of different components comprising the integrated system as well as to maximize the techno-economic objectives. For validation, the simulation results obtained by the MFABC+ algorithm are compared with the results obtained using HOMER software, the particle swarm optimization algorithms and the original MFABC algorithm. It was revealed that the MFABC+ algorithm has a better convergence rate and the potential ability to provide compromising results in comparison to these existing optimization tools. It was also discovered through the comprehensive evaluation that the proposed system has the potential capability to meet the electricity demand of the village for 24 × 7 at the lowest levelized cost of electricity.
Highlights
IntroductionPublisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations
The multi-strategy fusion artificial bee colony (MFABC)+ algorithm was proposed to predict the optimal size of different components within the proposed hybrid system
The objective function is framed to obtain the optimal sizing of the components and to minimize the levelized cost of electricity
Summary
Publisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations. Energy consumption has been significantly affected by globalization and the rapid pace of industrialization. The growing world population is another factor that contributes to increased energy consumption. Fossil fuels and other non-renewable energy sources were used to meet the majority of the energy demand of the population. The dependency on fossil fuels to meet energy demand grows with two serious issues i.e., their depletion and increasing levels of carbon dioxide into the atmosphere which adds to the global warming potential. The traditional power sources, such as coal, natural gas, and nuclear, and load demand, are connected to the grid across
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
