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1.3 System of Energy Management

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Extensive research has been going on upon the application of an energy management system in micro-grid operated in either connected with grid network mode or isolated from grid mode. For optimal MSE the objective function has to be defined following the system constraints (mechanism and functioning mode). The MSE puts a significant impact on the environment, the life span of the generation unit and system performance. The energy management modeling is the uncertainty modeling techniques with specific objective functions and constraints [18–24].

An MSE will be able to implement in two manners, such as integrated and disintegrated. In integrated MSE there is a central controller that controls the exchange of power in MG and optimizes that with respect to market prices and security constriction. In the MG having decentralized MSE, distributed supplies and loads are having a higher degree of freedom, and it maximizes the revenue by communicating the components of MG with each other. The main aim of any MSE is to maintain the load–supply balance [25, 26].

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