Tri-Level Model for Hybrid Renewable Energy Systems

Abstract

In practical scenarios, addressing real-world challenges often entails the incorporation of diverse renewable energy sources, such as solar, energy storage systems, and greenhouse gas emissions. The core purpose of these interconnected systems is to optimize a multitude of factors and objectives concurrently. Hence, it is imperative to formulate models that comprehensively cover all these objectives. This paper introduces tri-level mathematical models for Hybrid Renewable Energy Systems (HRESs), offering a framework to concurrently tackle diverse objectives and decision-making levels within the realm of renewable energy integration. The proposed model seeks to maximize the efficiency of solar PV, enhance the performance of energy storage systems, and minimize greenhouse gas emissions.