An increase in number of distributed generation (DG) units in power system allows the possibility of setting-up and operating micro-grids. In addition to a number of technical advantages, micro-grid operation can also reduce running costs by optimally scheduling the generation and/or storage systems under its administration. This paper presents an optimized scheduling of a micro-grid battery storage system that takes into account the next-day forecasted load and generation profiles and spot electricity prices. Simulation results show that the battery system can be scheduled close to optimal even with forecast errors. ICLOCS software has been used for the numerical implementation.
Ieee Power and Energy Society General Meeting, 2013