Cost-Based Droop Schemes for Economic Dispatch in Islanded Microgrids

@article{Chen2017CostBasedDS,
  title={Cost-Based Droop Schemes for Economic Dispatch in Islanded Microgrids},
  author={Feixiong Chen and Minyou Chen and Qiang Li and Kaikai Meng and Yongwei Zheng and Josep M. Guerrero and Derek Abbott},
  journal={IEEE Transactions on Smart Grid},
  year={2017},
  volume={8},
  pages={63-74}
}
In this paper, cost-based droop schemes are proposed, to minimize the total active power generation cost in an islanded microgrid (MG), while the simplicity and decentralized nature of the droop control are retained. In cost-based droop schemes, the incremental costs of distributed generators (DGs) are embedded into the droop schemes, where the incremental cost is a derivative of the DG cost function with respect to output power. In the steady state, DGs share a single common frequency, and… CONTINUE READING
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Droop Scheme With Consideration of Operating Costs

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