Cost Optimization Model and Management Strategies for Distributed Energy Resources in Industrial Microgrids

Abstract

This study applies a distributed energy resources scheme on industrial microgrids and provides a case study that is based on the Component-oriented Modeling and Optimization for Nonlinear Design and Operation (COMANDO).The model comprises distributed energy resources commonly used by industrial enterprises (i.e., solar power, combined-heatand-power, heat pumps), energy storage systems, and management strategies (peer-to-peer trading, bulk purchasing).To demonstrate the model, a case study is conducted for a real-world industrial area in Germany.We find that the economic impact of the various strategies is highly dependent on the specific demand curves.However, combining the DER and the stated management strategies is always profitable and leads to reductions of a global warming index used as an ecological indicator.

Authors 2

1. Joel Rogawski Aachen

   RWTH Aachen University

   Affiliation as printed

   RWTH Aachen University, Aachen, Germany

2. Reinhard Madlener corresponding Aachen School of Business and Economics / E.ON Energy Research Center

   RWTH Aachen University

   Affiliation as printed

   School of Business and Economics / E.ON Energy Research Center, RWTH Aachen University, Aachen, Germany