Le Lézard
Classified in: Oil industry, Environment, Science and technology
Subject: SVY

Gwangju Institute of Science and Technology Researchers Embrace Uncertainty to Make Microgrids Better


The new two-stage stochastic optimization model accounts for variations and uncertainty in renewable energy to make the optimal scheduling decision

GWANGJU, South Korea, Dec. 7, 2022 /PRNewswire/ -- Microgrids are crucial for integrating renewable energy into the electrical grid. But current microgrid models ignore the inherent uncertainty of renewable energy supply. Now, scientists from Gwangju Institute of Science and Technology have developed a new optimization model that incorporates possible variations in future power outputs to arrive upon an optimal scheduling decision and reduce operational costs and load shedding.

Renewable energy is seen as an answer to climate change, yet its uptake is limited by the variability and intermittent nature of most renewable energy sources. A promising solution to this problem is microgrids. Microgrids are smaller, localized electricity grids that can be connected to the main grid of the region, but also can also be disconnected or "islanded" if needed. Models that guide the operation of microgrids, such as scheduling load shedding etc., are key to their efficient functioning. But thus far, most microgrid models have either neglected the uncertainty and variations in renewable energy or assumed the worst-case scenario, which can lead to an increase in energy not supplied (ENS) and operating costs.

To address this, a research team from Gwangju Institute of Science and Technology, South Korea, has developed a new two-stage stochastic optimization model to minimize operating costs and load shedding. According to Dr. Yun-Su Kim, who led the study, "One of the problems with microgrids is that they sometimes cannot supply enough electricity for the load, causing load shedding, and at other times they produce too much electricity. In this paper, we created an operation algorithm that can reduce operation costs and load shedding." The paper was made available online on August 26th, 2022 and was published in Volume 325 of Applied Energy on November 1st, 2022.

A key element to the new optimization model was the creation of an (ANN)-based prediction model for the power output of renewable energy sources. This power output is obtained in the form of a probability density function, i.e., it provides the likelihood that a given power output will be obtained at any given point of time, thereby accounting for variations and uncertainty in the renewable energy supply. This probability density function is then fed into a stochastic optimization model that makes operating decisions, such as scheduling.

The researchers validated their model using data from a microgrid designed by the Natural Energy Laboratory of Hawaii Authority. They found that the ANN predicted power output with a low error of 9.7%. The stochastic optimization model also offered an approximately 20% reduction in average ENS, as well as around 19% lower operating costs.

"Fossil fuels bring with them climate change and inflation. Reforming the power grid using microgrids can help renewable energy integration. Thus, improving the efficiency and integration of microgrids will bring us one step closer to energy security and stability," concludes Dr. Kim.

Let us hope this vision is realized soon for a better future!

Reference
DOI: https://doi.org/10.1016/j.apenergy.2022.119848

Title of original paper: Two-Stage stochastic optimization for operating a Renewable-Based Microgrid

Journal: Applied Energy

*Corresponding author's email: [email protected]  

About the Gwangju Institute of Science and Technology (GIST)
Website: http://www.gist.ac.kr/

SOURCE Gwangju Institute of Science and Technology


These press releases may also interest you

at 07:13
Baozun Inc. ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, announced today the release of its 2023 annual sustainability report (the "Sustainability Report"), showcasing...

at 07:05
Three major challenges poised to confront the nation's clinical laboratories, genetic test companies, and anatomic pathology laboratories will be major topics when a top-flight roster of lab experts, innovators, and lab leaders gather in New Orleans...

at 07:05
Surmodics, Inc. , a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, today announced that second quarter of fiscal year 2024 financial results will be released before the market opens on Wednesday,...

at 07:03
RC Mowers, a leading manufacturer of robotic mowers, has announced new features to its Autonomous Mowing Robot (AMR)tm, which include a new split plan feature and a bilingual operator interface that allows landscapers to complete jobs more...

at 07:01
Travelzoo® : WHAT: Travelzoo, the club for travel enthusiasts, will host a conference call to discuss the Company's financial...

at 07:00
Senstar Technologies Corporation (successor to Senstar Technologies Ltd.) , a leading international provider of comprehensive physical, video and access control security products and solutions, today announced its financial results for the three and...



News published on and distributed by: