SF-OEAP: Starvation-Free Optimal Energy Allocation Policy in a Smart Distributed Multimicrogrid System

The advancements in the smart grid involves high penetration of renewable energy resources into distribution system by building a microgrid. However, the intermittent nature of the nondispatchable generation leads to the issue of demand supply mismatch in the microgrid system. It will be sensible for microgrids to trade energy with one another. This requires a smart distributor, which collects data regarding superfluous energy from providers and takes fair decision of microgrid-generated energy allocation among consumers. This paper presents a starvation-free optimal microgrid-generated energy allocation policy (SF-OEAP) in a smart distributed multimicrogrid system. A novel optimal energy allocation policy is proposed wherein, prediction accuracy of net load forecast and revenue index of consumer microgrid are considered as vital parameters. In a prioritized energy distribution mechanism, it may happen that the consumer microgrid can be starved of microgrid-generated energy. Therefore, in addition to vital parameters, starvation parameter is considered in designing energy allocation policy for sustaining the consumers in the smart distributed multimicrogrid system. Furthermore, the proposed scheme uses weights to control the importance of each of the parameters in the energy allocation policy. The proposed SF-OEAP is simulated and justified so that it is stable enough to apply in a real-time electricity market.