Towards the Minimization of the Levelized Energy Costs of Microgrids using both Long-term and Short-term Storage Devices

This chapter falls within the context of the optimization of the levelized energy cost (LEC) of microgrids featuring photovoltaic panels (PV) associated with both long-term (hydrogen) and short-term (batteries) storage devices. First, we propose a novel formalization of the problem of building and operating microgrids interacting with their surrounding environment. Then we show how to optimally operate a microgrid using linear programming techniques in the context where the consumption and the production are known. It appears that this optimization technique can also be used to address the problem of optimal sizing of the microgrid, for which we propose a robust approach. These contributions are illustrated in two different settings corresponding to Belgian and Spanish data.