Shay Bahramirad

Hossein Lotfi, Alireza Majzoobi, Amin Khodaei et al.

The levelized cost of energy (LCOE) presents the energy-normalized cost of a generation asset by considering all associated costs (investment and operation) and total generated energy over its life cycle. As LCOE is a levelized value, it provides a quick and easy measure to compare different energy resource technologies with different characteristics. The LCOE calculation for large-scale power plants and distributed generations (DGs) is extensively studied and can be found in the literature. The discussions on the LCOE calculation for energy storage systems, however, is limited. Although still relatively expensive compared to generation technologies, energy storage is gaining significant attention and has been deployed extensively during the past few years, conceivably due to its many benefits such as load shifting, energy arbitrage, and renewable coordination. Therefore, LCOE calculation of energy storage systems plays an important role in economic evaluation of power systems. This paper proposes a method for calculating the LCOE of energy storage, and further provides the sensitivity analysis with respect to changes in capacity, electricity market prices, and efficiency.

Alireza Majzoobi, Amin Khodaei, Shay Bahramirad

The variable nature of the solar generation and the inherent uncertainty in solar generation forecasts are two challenging issues for utility grids, especially as the distribution grid integrated solar generation proliferates. This paper offers to utilize microgrids as local solutions for mitigating these negative drawbacks and helping the utility grid in hosting a higher penetration of solar generation. A microgrid optimal scheduling model based on robust optimization is developed to capture solar generation variability and uncertainty. Numerical simulations on a test feeder indicate the effectiveness of the proposed model.

Alireza Majzoobi, Amin Khodaei, Shay Bahramirad et al.

Renewable energy has attracted significant attention over the last decade, conceivably due to its environmental benefits and the recent drops in the development and deployment cost of the technology. The increase in renewable generation, however, has resulted in new challenges in supply-load balancing, owing to its intermittent, non-predictable and volatile generation features. Several methods have been introduced to cope with negative impacts of the renewable generation deployment. In this paper, a novel method, i.e., the application of microgrids in capturing the variabilities of distributed renewable generation in distribution networks is proposed and investigated. Utilizing available flexibility of microgrids represents a local and viable solution which leads to lower investments from electric utilities for increasing their flexibility and providing more reserved power. It is investigated that how the system flexibility requirements can be integrated into the microgrid optimal scheduling model to enable microgrids in supporting the grid operators by offering flexibility services. Using the proposed flexibility constraints, intra-hour and inter-hour variabilities at the distribution feeder will be efficiently captured. Numerical simulations on a test distribution feeder, with one microgrid and several renewable-equipped consumers, show the effectiveness of the proposed model.

Hossein Lotfi, Amin Khodaei, Shay Bahramirad et al.

DC loads (such as computers, data centres, electric vehicle chargers, and LED lamps) and dc distributed energy resources (such as fuel cells, solar photovoltaics, and energy storages) are rapidly growing in electric power systems, so dc systems are being introduced as emerging practical investment solutions compared to traditional ac options. DC microgrids offer several advantages such as the elimination of need for synchronizing generators and easier supply of dc loads. Hybrid microgrids can benefit from the advantages of both ac and dc microgrid types. Moreover, there would be a huge reduction in the number of required power converters which would enhance the microgrid efficiency and reduce investment and operation costs. This paper introduces hybrid ac/dc microgrid as a viable solution compared to individual ac or dc microgrids and focuses on its planning. The objective of the hybrid microgrid planning is to minimize the microgrid total cost, including investment cost of distributed energy resources (DERs) and converters, operation cost of DERs, the cost of energy exchange with the utility grid, and the cost of unserved energy during the planning horizon. The economic viability of the microgrid planning is investigated in this paper and it is shown how the optimal DER generation mix, the type of feeders, as well as the point of connection of DERs to feeders can be determined by updating the traditional ac microgrid planning model. Numerical simulations on a test microgrid exhibit the merits of the proposed model.