Papers, code and documentation for a term project in a graduate Power System Optmization class.
As installed cost of renewables continues to decrease around the world, providing reliable and affordable energy is starting to become a challenge for grid operators due to the intermittent and non-dispatchable nature of renewable energy sources. This project examines a very simplifed process of planning, designing and dispatching generation using the example of a five-bus microgrid system containing distinct resource types. The re- sources consist of conventional dispatchable generation, non-dispatchable generation from renewable resources and integrated demand re-sponse. Using Matlab and GAMS, economic dispatch of generators was done by DC Optimal Power Flow within generator constraints . The report includes a discussion on the perfor- mance of the approach along with its merits and demerits. Historical load and generation data were used as inputs. The microgrid was operated for cost minimization within operating constraints, but can be operated for emission eimination and other constraints in the future.
Click here for the full Term Report.
Click here for Term Presentation.