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Abstract

In the near future, Smart-Grid technologies will have an incredible impact on the economics of power systems and on environment. This will be possible thanks to the intelligent communication and computer systems, which would allow the system to accommodate much more energy from renewables by combining different technologies for energy storage, electric vehicles and demand response. The main contribution of this paper is the development of models for the different components of the Smart-Grid, which can be easily generalized for many different studies. The modelling framework includes energy storage, renewable energy sources, electric vehicles and demand response. We use the problem of distribution grid power balancing to illustrate the application of the models for improving the economic performance of a balancing group. The problem is formulated as a mixed-integer linear program and can help energy companies and custumers to make investment decisions for smart-grid.

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Acknowledgements

This paper is a results from project “Study of the electric power system stability and frequency control at a predominant share of renewable energy generation” grant ДН07/27/15.12.2016 from the Bulgarian National Science Fund.

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Correspondence to Nikolay Nikolaev .

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Nikolaev, N., Yordanov, S., Vasilev, R. (2018). An Optimization Algorithm for Simulating Smart-Grid Means for Distribution Grid Balancing. In: Abraham, A., Kovalev, S., Tarassov, V., Snasel, V., Vasileva, M., Sukhanov, A. (eds) Proceedings of the Second International Scientific Conference “Intelligent Information Technologies for Industry” (IITI’17). IITI 2017. Advances in Intelligent Systems and Computing, vol 679. Springer, Cham. https://doi.org/10.1007/978-3-319-68321-8_37

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  • DOI: https://doi.org/10.1007/978-3-319-68321-8_37

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  • Print ISBN: 978-3-319-68320-1

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