In smart grids, a hybrid renewable energy system that combines multiple renewable energy sources (RESs) with storage and backup systems can provide the most cost-effective and stable energy supply. However, one of the most pressing issues addressed by recent research is how best to design the components of hybrid renewable energy systems to meet all load requirements at the lowest possible cost and with the best level of reliability. Due to the difficulty of optimizing hybrid renewable energy systems, it is critical to find an efficient optimization method that provides a reliable solution. Therefore, in this study, power transmission between microgrids is optimized to minimize the cost for the overall system and for each microgrid. For this purpose, artificial bee colony (ABC) is used as an optimization algorithm that aims to minimize the cost and power transmission from outside the microgrid. The ABC algorithm outperforms other population-based algorithms, with the added advantage of requiring fewer control parameters. The ABC algorithm also features good resilience, fast convergence, and great versatility. In this study, several experiments were conducted to show the productivity of the proposed ABC-based approach. The simulation results show that the proposed method is an effective optimization approach because it can achieve the global optimum in a very simple and computationally efficient way.

The number of microgrids within a smart distribution grid can be raised in the future. Microgrid-based distribution network reconfiguration is analyzed in this research by taking demand response programs and power-sharing into account to optimize costs and reduce power losses. The suggested method determined the ideal distribution network configuration to fulfil the best scheduling goals. The ideal way of interconnecting switches between microgrids and the main grid was also identified. For each hour of operation, the ideal topology of microgrid-based distribution networks was determined using optimal power flow. The results were produced with and without the use of a demand response program and power-sharing in each microgrid. Different load profiles, such as residential, industrial, commercial, and academic, were taken into account and modified using appropriate demand response programs and power-sharing using the Artificial Bee Colony algorithm. Various scenarios were explored independently to suit the diverse aims considered by the distribution network operator for improved observation. The ABC optimization in this research attempted to reduce the system’s total operation costs and power losses through efficient networked microgrid reconfiguration. The results of optimal microgrid topology revealed the effects of power-sharing and demand response (TOU) programs. The results obtained in the proposed idea shows that costs were reduced by 8.3% and power losses were reduced by 4%. The IEEE 33-bus test system was used to demonstrate the effectiveness of the proposed approach.

Particle Swarm Optimization (PSO) is a member of the swarm intelligence-based on a metaheuristic approach which is inspired by the natural deeds of bird flocking and fish schooling. In comparison to other traditional methods, the model of PSO is widely recognized as a simple algorithm and easy to implement. However, the traditional PSO’s have two primary issues: premature convergence and loss of diversity. These problems arise at the latter stages of the evolution process when dealing with high-dimensional, complex and electromagnetic inverse problems. To address these types of issues in the PSO approach, we proposed an Improved PSO (IPSO) which employs a dynamic control parameter as well as an adaptive mutation mechanism. The main proposal of the novel adaptive mutation operator is to prevent the diversity loss of the optimization process while the dynamic factor comprises the balance between exploration and exploitation in the search domain. The experimental outcomes achieved by solving complicated and extremely high-dimensional optimization problems were also validated on superconducting magnetic energy storage devices (SMES). According to numerical and experimental analysis, the IPSO delivers a better optimal solution than the other solutions described, particularly in the early computational evaluation of the generation.