Optimal Sizing for Grid-Tied Microgrids With Consideration of Joint Optimization of Planning and Operation

This paper presents a multiobjective optimization method to jointly optimize the planning and operation of a grid-tied microgrid (MG) with various distributed generation sources such as wind turbine and photovoltaic arrays with the assistance of demand side management. In order to explore the economy and demand variety, the problem is formulated as a double-objective optimization to minimize the total annual cost and to maximize the customer satisfaction. To solve the multiobjective optimization problem, a fuzzy satisfaction-maximizing method is adopted to convert the original problem into a single objective optimization problem and a mixed integer linear programming algorithm is then used to solve the problem. To verify the proposed solution, various case studies have been carried out and compared. The results show that the proposed method is effective in minimizing the cost of an MG without sacrificing the satisfaction of customers.