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2020 | OriginalPaper | Chapter

5. Energy Management with Economic and Operation Criteria

Authors : Carlos Bordons, Félix Garcia-Torres, Miguel A. Ridao

Published in: Model Predictive Control of Microgrids

Publisher: Springer International Publishing

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Abstract

In this chapter, the basic Energy Management System (EMS) presented in the previous chapter is extended to consider operational and degradation costs. The chapter introduces a formulation to integrate the terms related to operational and degradation issues associated to hybrid storage systems in an MPC-based EMS. The participation of microgrids in the different stages of the electrical markets is described. First, a two-step MPC-based algorithm corresponding to the tertiary and secondary control level of the microgrid it is developed. Later on, based on the stages of the electrical markets, MPC controllers are proposed to follow the operation rules in the day-ahead, intraday, and real-time markets interacting with both the market operator and the system operator. The proposed formulation optimizes the final cost of the energy consumption in the microgrid by means of improving its participation in the different stages of the market but also minimizing the degradation issues, as well as the operational costs of hybrid energy storage systems. The formulation requires to deal with both logic and continuous variables. For this reason, the different operation modes in the microgrid are modeled with the Mixed Logic Dynamical (MLD) framework and the MPC controller is formulated as a Mixed-Integer Quadratic Programming (MIQP) problem. Different results based on simulation and experiments are exposed.

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Footnotes
1
Market participants are undertakings that are authorized to act directly in the electric power market as buyers and sellers of electricity.
 
2
The role of the system operator in a wholesale electricity market is to manage the security of the power system in real time and coordinate the supply of and demand for electricity, in a manner that avoids fluctuations in frequency or interruptions of supply. On the other hand, the market operator is in charge of the wholesale transactions (bids and offers) in the day-ahead and intraday markets.
 
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Metadata
Title
Energy Management with Economic and Operation Criteria
Authors
Carlos Bordons
Félix Garcia-Torres
Miguel A. Ridao
Copyright Year
2020
DOI
https://doi.org/10.1007/978-3-030-24570-2_5