Optimizing Distributed Energy Resources: Strategies for Electrical Network Optimization

Abstract

When it comes to Bangladesh's economic growth and development, the energy issue is a big concern. The disparity between the supply and demand for electricity is widening daily. Additionally, there is a possibility that most power plants may be phased out in the future since they rely on fossil fuels. Distributed energy resources (DER) are the primary emphasis of this article as it seeks to address these issues by regulating the smart environment's power supply and demand. The majority of the DER system is made up of power stations that make use of renewable energy sources (RES). Since RES are sporadic, the final model included backup from fossil fuel-based facilities to make the system more reliable. During off-peak hours, the planned storage structure will be used to store RES leftover energy. In the planned smart bidirectional network, Proactive demand-side customers, or consumers, would be able to sell this energy that they have conserved to the national grid at peak hours. It is believed that the prosumer would have more leeway to manage their energy use and expenses now that an enhanced control mechanism and grid monitoring and metering interface have been built.