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A Cost-Effective Multi-Verse Optimization Algorithm for Efficient Power Generation in a Microgrid

Author

Listed:
  • Upasana Lakhina

    (Department of Electrical and Electronics Engineering, Institute of Health and Analytics, Universiti Teknologi PETRONAS, Seri Iskandar 32610, Perak, Malaysia)

  • Irraivan Elamvazuthi

    (Department of Electrical and Electronics Engineering, Institute of Health and Analytics, Universiti Teknologi PETRONAS, Seri Iskandar 32610, Perak, Malaysia)

  • Nasreen Badruddin

    (Department of Electrical and Electronics Engineering, Institute of Health and Analytics, Universiti Teknologi PETRONAS, Seri Iskandar 32610, Perak, Malaysia)

  • Ajay Jangra

    (University Institute of Engineering and Technology, Kurukshetra University, Kurukshetra 136119, India)

  • Bao-Huy Truong

    (Institute of Engineering and Technology, Thu Dau Mot University, Thu Dau Mot 7500, Vietnam)

  • Joseph M. Guerrero

    (Centre of Research on Microgrids, Department of Energy Technology, Aalborg University, 9220 Aalborg, Denmark)

Abstract

Renewable energy sources (RESs) are a great source of power generation for microgrids with expeditious urbanization and increase in demand in the energy sector. One of the significant challenges in deploying RESs with microgrids is efficient energy management. Optimizing the power allocation among various available generation units to serve the load is the best way to achieve efficient energy management. This paper proposes a cost-effective multi-verse optimizer algorithm (CMVO) to solve this optimization problem. CMVO focuses on the optimal sharing of generated power in a microgrid between different available sources to reduce the generation cost. The proposed algorithm is analyzed for two different scale microgrids (IEEE 37-node test system and IEEE 141-node test system) using IEEE test feeder standards to assess its performance. The results show that CMVO outperforms multi-verse optimizer (MVO), particle swarm optimization (PSO), artificial hummingbird algorithm (AHA), and genetic algorithm (GA). The simulation results emphasize the cost reduction and execution time improvement in both IEEE test systems compared with other meta-heuristic algorithms.

Suggested Citation

  • Upasana Lakhina & Irraivan Elamvazuthi & Nasreen Badruddin & Ajay Jangra & Bao-Huy Truong & Joseph M. Guerrero, 2023. "A Cost-Effective Multi-Verse Optimization Algorithm for Efficient Power Generation in a Microgrid," Sustainability, MDPI, vol. 15(8), pages 1-25, April.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:8:p:6358-:d:1118221
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    References listed on IDEAS

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