February 17, 2024
Conference Paper

A Multi-objective Microgrid Assessment and Sizing Framework for Economic and Resilience Benefits

Abstract

This paper presents an innovative multi-objective assessment and sizing framework for battery energy storage system paired with photovoltaics for a cost-effective and resilient microgrid. In the proposed framework, we simultaneously consider i) economic benefits from bundling grid services in grid-connected mode and ii) enhanced resilience by operating the microgrid in island mode upon outages of the main grid. Instead of simply treating resilience as another monetary value stream, this paper models resilience and economic benefits as two separate objectives. Multi-objective optimization is developed to explore different sizing and dispatch options and generate the Pareto front to assist decision-making in system design. Case studies on a real-world microgrid project in Puget Sound Energy system are presented to illustrate the proposed modeling and sizing methods.

Published: February 17, 2024

Citation

Zhu Y., X. Ma, D. Wu, and J. Do. 2023. A Multi-objective Microgrid Assessment and Sizing Framework for Economic and Resilience Benefits. In IEEE Power & Energy Society General Meeting (PESGM 2023), July 16-20, 2023, Orlando, FL, 1-5. Piscataway, New Jersey:IEEE. PNNL-SA-179479. doi:10.1109/PESGM52003.2023.10253339