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Strategic cost optimization in a microgrid prosumer community | |
Author | Patamsetti, Niel Madhav |
Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Energy, School of Environment, Resources and Development |
Publisher | Asian Institute of Technology |
Abstract | This research work mainly focuses on the idea of a prosumer in a microgrid and how he can benefit himself and others living in the microgrid through the exchange of power and resources. The main focus of this work is to make clear understanding of the implications of sharing of power and as well as integrating some of the concepts of the future like the integration of renewables and so on. This is an important study that establishes a clear understanding of how a prosumer can exists in microgrid. The first forefront of this study describes how this is beneficial to the society and a scenario like this is inevitable. Hence the next part of this study mainly deals with, in detail how a prosumer can exist independently and stay connected to the grid and also supply the main grid with power and be islanded whenever it is viable. In a scenario like future it is important to make use of the power of machine learning to the core and even skip optimization itself and rely on artificial intelligence completely to run things optimally. |
Year | 2019 |
Type | Research Study Project Report (RSPR) |
School | School of Environment, Resources, and Development (SERD) |
Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
Academic Program/FoS | Energy and Environment (EE) |
Chairperson(s) | Weerakorn Ongsakul; |
Examination Committee(s) | Singh, Jai Govind Salin, K. R. ; |
Scholarship Donor(s) | AIT Fellowship; |