• P-ISSN 0974-6846 E-ISSN 0974-5645

Indian Journal of Science and Technology


Indian Journal of Science and Technology

Year: 2019, Volume: 12, Issue: 24, Pages: 1-6

Original Article

A Generalized Framework for a Cost Optimization Scheme in a MicroGrid


Objectives: To develop a generalized formulation to determine the cost optimization scheme for a MicroGrid (MG) source by implementing Artificial Bee Colony algorithm. The generating resource with microgrid is a two-objective problem which consists of pv cell (solar cell) array, Wind Turbine (WT), Micro Turbine (MT), diesel generator and Fuel Cell (FC). Methods: The generating energy sources of the microgrid units are essential to minimize the operating cost of the output power which is generated. Here, the ABC algorithm is modelled into two stages. The optimum configuration of the microgrid at a minimum fuel cost is obtained by the first stage of the ABC algorithm. Findings: By using the minimum cost function, the second stage of the ABC algorithm was attained at the reduced operating and maintenance cost. The main aim is to minimization of fuel cost, fuel consumption cost and the emission such as NOX , SO2 , and CO is reduced in these microgrid sources. Applications: For any required load demand the minimum fuel cost is obtained by using artificial bee colony algorithm.

Keywords: Artificial Bee Colony Algorithm, Consumption of Fuel Cost, Emission Cost, MicroGrid (MG), Operating and Maintenance Cost


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