Review on Optimization of Microgrid Using Various Optimization Techniques

The development of a smart grid includes the microgrid. Microgrids are essential to the development of the present and future electricity networks, as they can provide many advantages to the expanding and complex power systems, such as better power quality, increased integration of clean and renewable energy sources, increased efficiency, and increased network stability and reliability., etc. It is basically a small power system which has distributed energy resources (like renewable energy etc.). This paper conducts a literature review on Optimization Algorithms of Microgrid. We provide a summary of the typical system structure, which consists of energy end users, energy distribution systems, energy storage systems, and energy generation systems. Finally, we identify areas for future microgrid research challenges.