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This paper proposes an innovative system for Smart Grid (SG) management aiming at minimizing the total costs supported for carrying out the delivery of energy to consumers. These costs include the production costs of distributed generators, the cost of the power provided by the primary substation, and the cost associated with grid power losses. After a brief overview on the main SG aspects, this paper describes the proposed approach that makes use of an optimal power flow algorithm and the active management schemes. The efficiency of the method is verified on a distribution system comprising wind turbines and diesel generators, considering the time-varying characteristics of the load demand and wind power generation.
Date of Publication: Oct. 2011