Microgrid cost optimization: a case study on Abu Dhabi

This paper presents a microgrid cost optimization study specifically focused on the United Arab Emirates (UAE) based on the Genetic and Ant-Bee Colony algorithms. The main objective of the paper is to identify size and amount of power supply sources in Microgrids that result in minimum cost. Specific parameters pertaining to the UAE were employed within the new objective function and constraints. Two different scenarios were tested, and their results have been discussed. During this study, it was evident that solar-PV systems were the second most cost-effective way to reduce cost of microgrids preceded by micro-turbines.