Transactive energy management for optimal scheduling of interconnected microgrids with hydrogen energy storage

In recent years, renewable energy sources (RESs) have attracted substantial attention due to carbon-free and cost-effective advantages that have made them one of the main sources of energy generation in the modern structure of the power grid. This paper proposes the stochastic day-ahead scheduling model for optimal energy management of renewable based microgrids. In this paper, each microgrid is equipped with 100% RESs including the PV system and wind turbine for full pollutant-free energy generation while the hydrogen energy storage (HES) system is used for alleviating the intermittences of the RESs aiming to dynamically balance the energy during a day. To model the fluctuations such as day-ahead market price in the microgrids, the autoregressive integrated moving average and fast forward selection methods are exerted for scenario production and reduction, respectively. Transactive energy as a sustainable and reliable technique is considered for controlling and coordinating energy sharing among the microgrids and the energy network for dynamic energy balancing in the deregulated environment. For energy management in the demand-side, the price and load response schemes are presented, aiming to revise the consumers' patterns in energy consumption in line with balancing energy and minimizing the microgrids' energy cost. The effectiveness of the suggested model is validated using the modified IEEE 24-bus case study. The realistic modeling of the system based on the proposed model has led to an 8.51% increment in energy cost. (c) 2020 Hydrogen Energy Publications LLC. Published by Elsevier Ltd. All rights reserved.