ABSTRACTThe reliability of various energy sources can be increased and distributed production and renewable energy can be fully integrated into the power grid on a wide scale through the growth and development of the microgrid (MG). Global energy difficulties are brought about by the finite supply of fossil fuels and the world's expanding energy consumption. Due to these challenges, the electric power system has to convert to a renewable energy‐based power generation system to produce clean, green energy. However, because of the unpredictable nature of the environment, the shift toward the use of renewable energy sources raises uncertainty in the production, control, and power system operation. This manuscript proposes a renewable energy‐based energy management system for electric vehicles and AC–DC MGs. The proposed method is Hermit Crab Optimizer (HCO). The major goal of the proposed strategy is to supply steady power regardless of generation disparity, which should stop the storage devices from degrading too quickly. The HCO approach provides a stable power balance for MG operation. The proposed technique efficiently strikes a power balance to meet load requirements and recharge electric cars. By then, the proposed strategy is implemented in the MATLAB platform and the execution is computed with the existing procedure. The proposed technique displays better outcomes in all existing systems like biogeography‐based optimization (BBO) algorithm, particle swarm optimization (PSO) algorithm, genetic algorithm (GA), and artificial neural network (ANN). The existing technique shows the cost of 25$, 30$, 35$, 40$, and the proposed technique displays the cost of 20$ which is lower than the other existing techniques.
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