A Novel Real-Time Energy Management Strategy for Grid-Supporting Microgrid: Enabling Flexible Trading Power

In recent years, there has been significant growth of distributed energy resources (DERs) penetration in the power grid. The stochastic and intermittent features of variable DERs such as roof top photovoltaic (PV) bring substantial uncertainties to the grid on the consumer end and weaken the grid reliability. In addition, the fact that numerous DERs are widespread in the grid makes it hard to monitor and manage DERs. To address this challenge, this paper proposes a novel real-time grid-supportin...