Impact of Electric Vehicle Load Demand and Energy Storage Device in Integrated Renewable Energy Sources

The intermittent nature of renewable-based generation may cause the dip or rise generation and load imbalances. Besides, the higher penetration of Electric Vehicles can affect the voltage profile and imbalances. The main contribution of the proposed work is to determine (i) the realistic load model of electric vehicle (EV) charging station (ii) the size of battery energy storage (BES) considering the EV load demand with the most realistic ZIP load. (iii) the cost-benefit analysis and the probabilistic modeling of EV load demand are considered for BES sizing. (iv) minimization of the daily energy loss (v), maximizing the total benefit of the system, (vi) the nature of the electric vehicle load demand has been modeled for size determination of energy storage devices. The fuel cost of the thermal generator has been minimized, and the operating and maintenance cost of the Solar Photovoltaic (PV), and Wind Turbine (WT) have been considered in the objective function. The daily energy loss has been reduced to 30.085%. The voltage deviation has been reduced to 1.165%. The analysis has been carried out for the IEEE-33 bus test system. The iterative Monte Carlo Simulation and Nonlinear Programming have been used to solve the multi-objective problem.