Multi-Objective Optimization of Urban Microgrid Energy Supply According to Economic and Environmental Criteria

This study is focused on the optimization of the annual cost and greenhouse impact related to the supply of natural gas and electricity of an urban microgrid through the installation of components as renewable energy sources, energy storage units and converters. As input parameters of the optimization model, the energy demand of a medium density urban district was estimated, while average costs and emissions of equipment were collected in market reports and literature. The outputs of the model are the optimal size and the schedule of each component. Moreover, optimization analysis was carried out for two different scenarios, comparing Italian and Vietnamese energy system cost and environmen…