Application of Equilibrium Optimization Algorithm for Optimal Design of PV/Hydroelectric Pumped Storage Energy system, Case Study – Iraq

Abstract

This work is focused on the use of a hybrid system (PV-Pumped storage) to satisfy demand for electric energy in a rural area in Iraq. Therefore, a techno-economic study will be presented to realize a minimum Net Present Cost (NPC) for this system and minimize the loss of power supply probability (LPSP) and percentage of the excess energy (EXC) that results in increasing the reliability of the power supply. The Equilibrium Optimization (EO) algorithm has been implemented to evaluate the optimal size of the generating units of the proposed hybrid system. The simulation results ensured the technical possibility of this system and proved the reliability and the effectiveness of the proposed algorithm.