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- W4385668207 abstract "Economics plays a crucial role in fulfilling the sustainable development goals in the current world scenario. The enhanced competitiveness in the current power sector market due to deregulation makes reliable power distribution more of a techno-economic problem than a technical issue. The power loss minimization is a pressing issue while dealing with the distribution network as it is the lion's share of the total losses occurring in the system. In this study, an analysis is conducted on IEEE 33 bus radial distribution system (RDS) using grey wolf optimization for allocation of photovoltaic panel-based DG (PVDG), wind turbine-based DG (WTDG), diesel DG and energy storage system (ESS) for minimizing the energy losses. Further, the electric vehicle charging stations (EVCS) are optimally allocated along with the real-time pricing demand response technique, and its effects on distribution locational marginal pricing are evaluated. Moreover, the cost-benefit analysis of incorporating the demand response and increasing the number of energy storage systems is studied. The simulated results obtained are promising and make the distribution system more efficient." @default.
- W4385668207 created "2023-08-09" @default.
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- W4385668207 date "2023-07-13" @default.
- W4385668207 modified "2023-10-17" @default.
- W4385668207 title "Cost‐Benefit Analysis with Optimal DG Allocation and Energy Storage System Incorporating Demand Response Technique" @default.
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- W4385668207 doi "https://doi.org/10.1002/9781119872146.ch10" @default.
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