Energy Management Strategies for Microgrids: A Review

The term “energy management” (EM) describes the steps taken to create a system that uses less energy, including monitoring, planning, optimising, and conserving. Despite being a sustainable energy system, a microgrid (MG) needs an efficient and effective energy management system (EMS) since renewable energy resources (RERs) and electricity demand are unpredictable. Making full use of distributed energy resources (DERs) in a safe and dependable manner is of the utmost importance. It is accomplished by incorporating an advanced decision-making approach into EMS. In an effort to create a microgrid that can maintain itself, several researchers have been working on improving electromagnetic (EM) approaches for microgrids recently. To fully understand the field of electromagnetic fields in MGs, a comparative research is necessary. The EM methods and demand response approaches created by the MG for effective decision-making are compared and evaluated in this paper. In addition to discussing the benefits and drawbacks of EMS, this article expands the definition to include supervisory control, operational time framework, and decision-making approach. The unpredictable nature of renewable energy sources and their associated loads necessitates novel approaches to uncertainty management and modelling. A variety of researchers have developed EM methods for MGs, and this publication summarises all of them in a thorough and current manner. Additionally, suggestions for future research are provided. If you’re having trouble visualising the theoretical underpinnings of this area of study, this website should help.