Economic and Environmental Balancing Act: A Dual-Minimization Strategy for Wind-Solar-Storage Systems

30 Pages Posted: 3 Mar 2025

See all articles by jie ji

jie ji

Huaiyin Institute of Technology

Chutong Zhang

Huaiyin Institute of Technology

Zhi Liu

Huaiyin Institute of Technology

Jiankang Tang

Huaiyin Institute of Technology

Hui Huang

Huaiyin Institute of Technology

Chu Zhang

Huaiyin Institute of Technology

na sun

Huaiyin Institute of Technology

Xuzhou Zhuang

Huaiyin Institute of Technology

Jianguo Wang

Huaiyin Institute of Technology

Yaodong Wang

Durham University

Abstract

This paper delves into a dual minimization strategy for the economic and environmental costs of a wind-solar-storage coordinated optimization microgrid system. A wind-solar joint installed capacity configuration model was designed, which adjusts the configuration ratio of wind and solar installations while assessing system stability through indicators of complementarity, stability, and deviation. Experimental results show that the optimal wind-solar installed capacity ratio is 0.66 for photovoltaic installations as a proportion of the total wind-solar installed capacity. This paper proposes an economic-environmental multi-objective optimization model and solves it using an improved Harris Hawk Optimization algorithm, effectively achieving dual minimization of costs and the environment. The results show that under the operating cost target, the total system cost is reduced by 1.055%, and the energy structure is optimized; under the environmental cost target, the total cost is significantly reduced by 16.19%, energy efficiency is improved, and the efficiency of battery storage is enhanced. When considering both operatingand environmental costs comprehensively, the total cost is reduced by 6.9%, and the environmental sustainability of the microgrid is enhanced. This paper provides a new methodology and decision support for the economic-environmental optimization of microgrid systems, emphasizing the importance of comprehensively considering economic and environmental objectives.

Keywords: Wind-Solar Installed Capacity Ratio, Cost-Environmental Dual Minimization, microgrid optimization, Harris Hawks Optimization Algorithm

Suggested Citation

ji, jie and Zhang, Chutong and Liu, Zhi and Tang, Jiankang and Huang, Hui and Zhang, Chu and sun, na and Zhuang, Xuzhou and Wang, Jianguo and Wang, Yaodong, Economic and Environmental Balancing Act: A Dual-Minimization Strategy for Wind-Solar-Storage Systems. Available at SSRN: https://ssrn.com/abstract=5162827 or http://dx.doi.org/10.2139/ssrn.5162827

Jie Ji (Contact Author)

Huaiyin Institute of Technology ( email )

No. 89, North Beijing Road, Qingjiangpu District
Huai'an, 223001
China

Chutong Zhang

Huaiyin Institute of Technology ( email )

No. 89, North Beijing Road, Qingjiangpu District
Huai'an, 223001
China

Zhi Liu

Huaiyin Institute of Technology ( email )

No. 89, North Beijing Road, Qingjiangpu District
Huai'an, 223001
China

Jiankang Tang

Huaiyin Institute of Technology ( email )

No. 89, North Beijing Road, Qingjiangpu District
Huai'an, 223001
China

Hui Huang

Huaiyin Institute of Technology ( email )

No. 89, North Beijing Road, Qingjiangpu District
Huai'an, 223001
China

Chu Zhang

Huaiyin Institute of Technology ( email )

No. 89, North Beijing Road, Qingjiangpu District
Huai'an, 223001
China

Na Sun

Huaiyin Institute of Technology ( email )

No. 89, North Beijing Road, Qingjiangpu District
Huai'an, 223001
China

Xuzhou Zhuang

Huaiyin Institute of Technology ( email )

No. 89, North Beijing Road, Qingjiangpu District
Huai'an, 223001
China

Jianguo Wang

Huaiyin Institute of Technology ( email )

No. 89, North Beijing Road, Qingjiangpu District
Huai'an, 223001
China

Yaodong Wang

Durham University ( email )

Old Elvet
Mill Hill Lane
Durham, DH1 3HP
United Kingdom

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