Litcius/Paper detail

Optimal Sizing of Renewable Energy Communities: A Multiple Swarms Multi-Objective Particle Swarm Optimization Approach

João Faria, Carlos Marques, José Pombo, S.J.P.S. Mariano, M.R.A. Calado

2023Energies31 citationsDOIOpen Access PDF

Abstract

Renewable energy communities have gained popularity as a means of reducing carbon emissions and enhancing energy independence. However, determining the optimal sizing for each production and storage unit within these communities poses challenges due to conflicting objectives, such as minimizing costs while maximizing energy production. To address this issue, this paper employs a Multi-Objective Particle Swarm Optimization (MOPSO) algorithm with multiple swarms. This approach aims to foster a broader diversity of solutions while concurrently ensuring a good plurality of nondominant solutions that define a Pareto frontier. To evaluate the effectiveness and reliability of this approach, four case studies with different energy management strategies focused on real-world operations were evaluated, aiming to replicate the practical challenges encountered in actual renewable energy communities. The results demonstrate the effectiveness of the proposed approach in determining the optimal size of production and storage units within renewable energy communities, while simultaneously addressing multiple conflicting objectives, including economic viability and flexibility, specifically Levelized Cost of Energy (LCOE), Self-Consumption Ratio (SCR) and Self-Sufficiency Ratio (SSR). The findings also provide valuable insights that clarify which energy management strategies are most suitable for this type of community.

Topics & Concepts

Renewable energyCost of electricity by sourceParticle swarm optimizationEnvironmental economicsComputer scienceSizingFlexibility (engineering)Pareto principleEnergy managementProduction (economics)Energy storageMulti-objective optimizationElectricity generationMathematical optimizationEngineeringEnergy (signal processing)Operations managementEconomicsPower (physics)MathematicsMicroeconomicsMachine learningVisual artsPhysicsArtElectrical engineeringManagementQuantum mechanicsStatisticsSmart Grid Energy ManagementMicrogrid Control and OptimizationEnergy and Environment Impacts