We have introduced a generic decision support tool for concurrent optimal selection, sizing, and operation scheduling of grid-connected or off-grid multi-generation/multi-storage distributed generation and storage (DGS) systems with respect to the dynamics of historical/projected periodical weather data, electricity price, DGS system cost, DGS aging, and the major critical design and operational parameters. This decision support program enables the consumer (ranging from a small house to large-scale industrial plants) to implement the most efficient electricity management strategy while achieving the goal of minimizing the electricity bill.
- Distributed generation and storage (DGS)
- Energy storage
- Multi-energy systems (MES)
- Smart grid