Efficient Energy Storage Systems Management in Power Plants with Artificial Intelligence and Price Control

Abstract

The storage systems of energy can contribute a significant part in integration of the renewable energy resources in electrical systems. It is quite important to research methods and techniques that make power projects more profitable. In this paper managing techniques for energy efficiency are discussed along with the comprehensive study of linear programming and swarm optimization techniques. These techniques are also compared with various expert systems and current state-of-the-art E-Broker algorithms and a novel and efficient energy management technique has been purposed along with various results. Finally, this paper presents various analysis for sizing and management to enhancement profit factor of power plants.