Smart Grid Integration of Renewable Energy Sources for Sustainable Power Generation

Abstract

Energy is vital to all areas of the global economy and is necessary for financial progress. Therefore, it's vital for countries around the world to explore new, clean, and sustainable energy sources while implementing innovative renewable energy development and energy conservation laws. Currently, renewable sources account for 16.7% of total global energy consumption, and the share of new sustainable capacity has increased in nations that have set renewable energy targets. This provides an initial insight into various renewable energy advancements, their technical and commercial viability, and their benefits in terms of energy security, environmental impact, and more. A reliable and secure energy supply is a top priority for modern society; however, concerns have arisen regarding the trend of increasing. In order to create efficient plans for the smooth integration of variable RESs into power grids, this proposal seeks to offer a useful tool for modelling and analysing the steady state of the power system with a high penetration of RESs.