Abstract

Due to the development of renewable energy sources (RESs), maximization of hosting capacity (HC) of RESs has gained significant interest in the existing and future power systems. HC maximization should be performed considering various technical constraints like power flow equations, limits on the distribution feeders' voltages and currents, as well as economic constraints such as the cost of energy procurement from the upstream network and power generation by RESs. RESs are volatile and uncertain in nature. Thus, it is necessary to handle their inherent uncertainties in the HC maximization problem. Wind power is now the fastest growing RESs around the world. Hence, in this paper a stochastic multi-objective optimization model is proposed to maximize the distribution network's HC for wind power and minimize the energy procurement costs in a wind integrated power system. The following objective functions are considered: 1) Cost of the purchased energy from upstream network (to be minimized) and 2) Operation and maintenance cost of wind farms. The proposed model is examined on a standard radial 69 bus distribution feeder and a practical 152 bus distribution system. The numerical results substantiate that the proposed model is an effective tool for distribution network operators (DNOs) to consider both technical and economic aspects of distribution network's HC for RESs.