Multi-objective design optimization of hybrid renewable systems using UGF

Purpose – Renewable generation is a main component of most hybrid generation systems. However, randomness on its generation is a characteristic to be considered due to its direct impact on reliability and performance of these systems. For this reason, renewable generation usually is accompanied with other generation elements to improve their general performance. The purpose of this paper is to analyze the power generation system, composed of solar, wind and diesel generation and power outsourcing option from the grid as means of reserve source. A multi-objective optimization for the design of hybrid generation system is proposed, particularly using the cost of energy, two different reliability indexes and the percentage of renewable energy as objectives. Further, the uncertainty of renewable sources and demand is modeled with a new technique that permits to evaluate the reliability quickly. Design/methodology/approach – The multi-state model of the generators and the load is modeled with the Universal Gen...