Systems and methods for optimizing microgrid capacity and storage investment under environmental regulations
Systems and methods are disclosed to method to determine capacity planning under environmental constraints by generating an integrated economic planning model for a decision maker, a utility company and one or more microgrids; maximizing the microgrids' total profit and minimizing the electricity price designed by the utility company; generating proactive strategies for the utility company to comply with the environmental policies, and planning strategies for microgrids to help utility company abate environmental mission; and applying different characteristics of microgrids to invest in different portfolio of renewable energy through gaming simulations.
1. A method to determine capacity planning under environmental constraints, comprising:
generating with a computer an integrated economic planning model for one of: a decision maker, a utility company and a plurality of microgrids, wherein the utility company is physically connected to multiple microgrids through a low voltage distribution network and wherein the utility company constructs an energy arbitrage market to buy energy from the microgrids to sell the energy to the grid;
using the computer for maximizing the microgrids' total profit and minimizing electricity price designated by the utility company;
generating proactive strategies for the utility company to comply with one or more environmental policies, and planning strategies for microgrids to help utility company abate environmental mission; and
applying different characteristics of microgrids to invest in different portfolio of renewable energy and energy storage through gaming simulations.
2. The method of claim 1 , comprising performing long term generator planning with short term operation of storage.
3. The method of claim 2 , comprising modeling a Nash Game among the one or more microgrid operators (MGOs).
4. The method of claim 2 , comprising modeling a Stackelberg Game between the utility company and microgrid operators (MGOs).
5. The method of claim 1 , comprising generating long term proactive strategies to comply with environmental policies.
6. The method of claim 5 , comprising passing environmental obligations to the one or more microgrid operators (MGOs).
7. The method of claim 5 , comprising modeling a Stackelberg Game between the utility company and microgrid operators (MGOs).
8. The method of claim 5 , comprising creating an energy market to incentivize renewable investment of microgrid operators (MGOs).
9. The method of claim 1 , comprising determining economic sustainability subjected to environmental regulations including carbon cap.
10. The method of claim 9 , comprising creating energy market to incentivize renewable investment of microgrid operators (MGOs).
11. A system to determine capacity planning under environmental constraints, comprising:
a processor running a framework to generate an integrated economic planning model for a decision maker, a utility company and one or more microgrids, wherein the utility company is physically connected to multiple microgrids through a low voltage distribution network and wherein the utility company constructs an energy arbitrage market to buy energy from the microgrids to sell the energy to the grid;
computer code for maximizing the microgrids' total profit and minimizing the electricity price designed by the utility company;
computer code for generating proactive strategies for the utility company to comply with the environmental policies, and planning strategies for microgrids to help utility company abate environmental mission in a long planning term; and
computer code for applying different characteristics of microgrids to invest in different portfolio of renewable energy and energy storage through gaming simulations.
12. The system of claim 11 , comprising a long term generator planning with short term operation of storage.
13. The system of claim 12 , comprising a Nash Game engine receiving data from microgrid operators (MGOs).
14. The system of claim 13 , wherein the Nash Game engine determines:
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where P U is electricity price regulated by the utility company and e u εNash_equilibria_of_MGOs.
15. The system of claim 13 , wherein the Nash Game engine determines environmental regulations, long term economic investment and operation.
16. The system of claim 12 , comprising a Stackelberg Game engine processing data from the utility company and microgrid operators (MGOs).
17. The system of claim 11 , comprising a module to generate long term proactive strategies to comply with environmental policies and passing environmental obligations to microgrid operators (MGOs).
18. The system of claim 15 , comprising a Stackelberg Game engine to process the utility company and microgrid operators (MGOs).
19. The system of claim 15 , comprising a module to an energy market to incentivize renewable investment of microgrid operators (MGOs).
20. The system of claim 11 , comprising a module to determine economic sustainability subjected to environmental regulations including carbon cap.
21. The system of claim 20 , comprising a module to create an energy market to incentivize renewable investment of microgrid operators (MGOs).