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Journal of the Korean Institute of Illuminating and Electrical Installation Engineers

ISO Journal TitleJ Korean Inst. IIIum. Electr. Install. Eng.
Title Development of Economic based Optimal Operation Program for Microgrid
Authors Hak-Ju Lee ; Woo-Kyu Chae ; Il-Keun Song ; Yong-Tae Yoon
Page pp.106-114
ISSN 1225-1135
Keywords Micro-Grid ; Unit Commitment ; Economic Dispatch ; Dynamic Programming ; Optimization ; Renewable Energy ; Power Market
Abstract This paper addresses unit commitment for microgrid optimization including renewable energy sources, working under deregulated power market. As microgrid supplies both heat and electricity for consumer, operational optimization must be done to meet their demand economically. So renewable energy sources are considered to be negative load, and batteries are used as the load flattening device to raise possibly operational function. In the state of solution, the program is developed to solve out the maximum profit of microgrid using dynamic programming method. Finally, its validity is verified through case study in isolation mode and interconnected mode. The S/W will be used to operate microgrid economically after the market of microgrid is formed.