Abstract
The limited availability of fossil fuel and the growing energy demand in the world creates global energy challenges. These challenges have driven the electric power system to adopt the renewable source-based power production system to get green and clean energy. However, the trend of the introduction of renewable power sources increases the uncertainty in the production, control, and operation of power systems due to the erratic nature of the environment. To overcome these meteorological conditions, some support systems, such as storage devices, are integrated with renewable energy sources (RES). A number of storage devices are hybridized to get the hybrid energy storage system (HESS) to get a potential solution for these microgrid problems. For maintaining the robustness and reliability of the power system, proper control, and management of power in the microgrid is very important. In this paper, an analytical study related to power management strategies is given along with different interconnection topologies for the HESS. Analysis and control of storage devices are necessary to avoid the premature degradation of the devices and to get their optimal utilization. Therefore, this article attempts to include different power management schemes used in AC/DC microgrids. Furthermore, various control techniques specific to different energy storage devices are reviewed extensively, which would serve as a complete guide for the design and implementation of a hybrid AC/DC microgrid.