NDLI: A method for cost minimization applicable to load centers containing distributed generation

Content Provider	IEEE Xplore Digital Library
Author	Zeljkovic, C.V. Rajakovic, N.L. Zubic, S.J.
Copyright Year	2009
Description	Author affiliation: Faculty of Electrical Engineering, University of Banja Luka, Bosnia and Herzegovina (Zeljkovic, C.V.; Zubic, S.J.) \|\| Faculty of Electrical Engineering, University of Belgrade, Serbia (Rajakovic, N.L.)
Abstract	Distributed energy resources (DER), located close to end use loads, have the potential to meet consumer requirements more efficiently than the existing centralized grid. In this paper, a specific scenario is considered, where the consumer center uses distributed resources to meet a part of its energy requirements, while the rest of the needed electricity is purchased from the utility distribution company. In order to minimize total consumer costs, a robust optimization algorithm based on a search method has been developed. The main outputs of this algorithm are optimal dispatch between distributed resources generation and the electricity purchased from the utility as well as the particular contribution of every on-site generating unit in the dispatch schedule. The algorithm was tested using several characteristic simulations and two basic areas of its application have been discovered - optimal dispatching of existing distributed energy resources and economic evaluation concerning installation of new generating facilities.
Starting Page	1
Ending Page	6
File Size	210870
Page Count	6
File Format	PDF
ISBN	9781424422340
DOI	10.1109/PTC.2009.5281821
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2009-06-28
Publisher Place	Romania
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Minimization methods Distributed control Energy resources Distributed power generation Power generation Density estimation robust algorithm Energy consumption Cost function Robustness Optimization methods Power generation dispatch
Content Type	Text
Resource Type	Article

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