The operating fuel cost is the main cost incurred in power generation. The primary objective of the ED problem is to determine the optimal combination of power generations that minimize the total generation cost while operating constraints are satisfied.
In the proposed model, regarding the presence of the BESS in the ED, the charge/discharge state of the battery has a key role. While the storage system is being charged, it is modeled as an increase in the load and during the discharge hours it is modeled as a decrease in the load.
