Optimal Allocation of Energy Storage System for Improving Performance of Microgrid

Abstract

Recently, much attention has been paid to means of developing centralized, producer-controlled traditional power grids to be smarter self-managing and reliable grids that can produce, transmit, and use energy effectively, along with strengthened plans for environmental protection and pollution control. Also, the creation of economic incentives and increased usage of consumer-interactive renewable energy sources (RESs) remain the main solutions to transit away from traditional high-carbon energy sources. In this regard, a microgrid (MG) is projected as a localized consumer-interactive distribution network construction within the smart grid community, to achieve a low-carbon society with reduced greenhouse gas emissions, while taking into account the local-generation properties, variability in the generation inputs and economic aspects. In response to environmental and social initiatives, as well as technical and economic development, energy generation from renewable energy sources (RESs) is rapidly developing across the world to improve the performance of MG and increase the share of RES in the world energy production.