Affiliation:
1. National Institutes of Technology, Nagaland, India
2. Dr. B.C. Roy Engineering College, India
Abstract
This chapter addresses the coexistence of thermal, wind, photovoltaic (PV) technologies, vehicle-to-grid (V2G), and biogas power generation as an economic dispatch (ED) problem. In the evolving field of renewable electricity generation technology, which considers sustainable development, keeping resources intact is of utmost importance. Therefore, the quest for supplements is still being researched around the globe. The development of V2G as an innovative form of energy has attracted a lot of attention these days. The foundations that have a substantial impact on reducing operating costs, enhancing optimal load management, and perhaps, in the long run, replacing pricey, small thermal units are solar, V2G, and biogas. This study investigates the effect of a creative approach combining solar, wind, V2G, and biogas energy sources along with coal-fired generating stations, showing an overall reduction in production costs.