Multi-year stochastic planning of off-grid microgrids subject to significant load growth uncertainty: overcoming single-year methodologies

• Published in: Electric power systems research Vol. 194; p. 107053
• Main Authors: Fioriti, Davide, Poli, Davide, Duenas-Martinez, Pablo, Perez-Arriaga, Ignacio
• Format: Journal Article
• Language: English
• Published: Amsterdam Elsevier B.V 01.05.2021; Elsevier Science Ltd
• Subjects: Degradation; Developing countries; Distributed generation; Electrical loads; Electricity distribution; Generation Expansion Planning (GEP); Hybrid systems; LDCs; Multi step investment plan; Optimization; Particle Swarm Optimization (PSO); PV-Battery-Diesel-Tank Mini-grid; Real Option Analysis (ROA); Rural electrification; Stochastic models; Uncertainty; Kenya; Generation Expansion Planning (GEP); Multi step investment plan; Rural electrification; PV-Battery-Diesel-Tank Mini-grid; Particle Swarm Optimization (PSO); Real Option Analysis (ROA)
• ISSN: 0378-7796; 1873-2046
• DOI: 10.1016/j.epsr.2021.107053

•Stochastic optimization of isolated microgrids, considering load growth uncertainties.•Ageing model for battery, photovoltaic plant, diesel generator, converters and tank.•Load following operation strategy including the effects of assets degradation.•Detailed multi-year simulations at hourly time r...