Optimal Value-based Prices Placement of DER and V2G using Planet Search Algorithm

Abstract

This paper presents a novel approaches for optimal simultaneous placement of distributed generations and V2G parking lots based on value-based prices method which is neglected in previous researches. In this regard, the technical issues of the network, such as reducing losses and improving the voltage profile, are considered by locating and determining the optimal capacity of scattered production resources and electric vehicles parking lots by considering value-based prices to encourage investors in the network. In the other words the presented method in this paper calculates the actual value of each DG in the active loss reduction and according to this value, determines DG energy price, which is named value based pricing. Therefore consideration of value-based prices of DGs and V2Gs during their optimal placement and proposed optimal search algorithm (PSA) are the main contribution of the paper. In this way, the interests of the operator and the investor are secured simultaneously. To solve the optimization problem, the two algorithms of bird assembly and genetics are compared. The proposed method has been tested on standard IEEE 33 bus distribution systems. The simulation results show that the proposed method is effective in terms of network benefits and incentive packages to attract investors.