Engineering Commons^™

Economic And Environmentally Efficient Energy Management System For Optimal Microgrid Operation, Olayinka Samuel Obafemi

Open Access Theses & Dissertations

The aim of this Thesis is to study and understand the economic analysis of integrating renewable energy resources for the purpose of improving the system grid, identifying and monetizing benefits and cost. This Thesis discusses the approach taken and solution created to tackle the current problems facing the production and consumption of electricity and how the microgrid has become a platform for improvement in power system operation. A microgrid in islanded and connected mode are simulated using Homer Pro for optimization and its results help gain an insight into analyzing and monetizing cost and benefits with one common goal in …

Renewable Energy Systems Optimization Using Monte Carlo Simulation And Evolutionary Algorithms, Nicolas Lopez

Open Access Theses & Dissertations

This Dissertation explores the Renewable Energy Integration Problem, and proposes a Genetic Algorithm embedded with a Monte Carlo simulation to solve large instances of the problem that are impractical to solve via full enumeration. The Renewable Energy Integration Problem is defined as finding the optimum set of components to supply the electric demand to a hybrid

microgrid. The components considered are solar panels, wind turbines, diesel generators, electric batteries, connections to the power grid and converters, which can be inverters and/or rectifiers. The methodology developed is explained as well as the combinatorial formulation. In addition, 2 case studies of a …