ABSTRACT
The article presents optimal cost approach for the solar- thermal integrated radial distribution system. The gap between supply and demand can be bridged by integration with solar photovoltaic systems to existing networks. Such integration consequently increases size of power system network components and enhances cost of the system. The cumulative cost of system consists of thermal emission cost, thermal fuel cost, direct cost of solar generation while emission cost of solar is indirectly contributed in the form of raw material extraction, transportation, manufacturing of solar photovoltaic cell etc. The carbon emission releases its mark into atmosphere as a carbon footprint. In order to overcome such issue, an optimal complex non -linear multi-objective is framed separately for component size, thermal generating cost and solar generation direct cost while another multi-objective function represents the solar indirect cost and carbon footprint which is represented as loss of carbon emission which comprises three components: loss of cost of energy, loss of power supply probability and cost constraint. The multi-objectives function has been minimised with the proposed power exponential method and genetic algorithm. The reliability and effectiveness of the proposed methodology has been tested successfully on standard IEEE-30 bus system. It is observed that optimal thermal fuel cost, thermal emission cost, total thermal generating cost, solar direct and indirect cost and thereby total solar generating cost and finally cumulative cost of system, plus carbon footprint estimation are found to be lesser with proposed method in comparison with genetic algorithm and existing techniques.
Data availability
All data generated or analyzed during this study are included in this research article and any relevant information related to the current study are available from the corresponding author on reasonable request.
Disclosure statement
No potential conflict of interest was reported by the author(s).
List of symbols
fuel cost
emission cost
OCT overall thermal generating cost
,
,
,
fuel coefficients
,
,
,
,
emission coefficients
rated power
reference temperature
ambient temperature
coefficient of temperature
radiation of incident solar
per unit cost
K cost constant
OCS overall solar generation cost
OC overall cost
LPSP loss of power supply probability
LCE loss of carbon emission
LCOE loss of cost of energy
TPC total present cost
CRF cost recovery factor
unknown variable
r annual interest rate
i particular generating units
solar power generation
energy load demand
thermal power generation
annual energy generation
load power
thermal power generation
step size
convergence cost
overall cost reference value