Comprehensive Optimization Model for Sizing and Siting of DG Units, EV Charging Stations, and Energy Storage Systems

Abstract

The sizing and siting of renewable resources-based distributed generation (DG) units has been a topic of growing interest, especially during the last decade due to the increasing interest in renewable energy systems and the possible impacts of their volatility on distribution system operation. This paper goes beyond the existing literature by presenting a comprehensive optimization model for the sizing and siting of different renewable resources-based DG units, electric vehicle charging stations, and energy storage systems within the distribution system. The proposed optimization model is formulated as a second order conic programming problem, considering also the time-varying nature of DG generation and load consumption, in contrast with the majority of the relevant studies that have been based on static values.