OPTIMAL SIZING OF PHOTOVOLTAIC ARRAYS UNDER POOL-BASED POWER MARKET WITH CONSIDERING UNCERTAINTY OF SOLAR RADIATION USING PSO

Abstract

In this paper a multi-objective formulation for optimal sizing of photo-voltaic resources in distribution systems for maximizing net present worth of system is analyzed. The proposed system in this paper consists of upstream network i.e. 63Kv/20Kv substation as main grid and photovoltaic cells as DG to supply load. The objective function considered in this paper, consists of net present worth of distribution company (DISCO) and of photovoltaic owners (PV-Owner). In this paper the Monte Carlo technique is used for considering uncertainty of solar radiation. The implemented technique relies on particle swarm optimization method (PSO) and weight coefficient method (WCM). Simulation results on 33-bus distribution test system under pool-based power market operation are presented to show evidence of the effectiveness proposed procedure.