Risk‐constrained energy management of PV integrated smart energy hub in the presence of demand response program and compressed air energy storage

Multi‐carrier energy systems create new challenges as well as opportunities in future energy systems. One of these challenges is the interaction among different energy hubs’ facilities and various operational parameters on the scheduling of the energy hub systems. This paper deals with the problem o...

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Veröffentlicht in:IET renewable power generation Jg. 13; H. 6; S. 998 - 1008
Hauptverfasser: Jadidbonab, Mohammad, Dolatabadi, Amirhossein, Mohammadi‐Ivatloo, Behnam, Abapour, Mehdi, Asadi, Somayeh
Format: Journal Article
Sprache:Englisch
Veröffentlicht: The Institution of Engineering and Technology 01.04.2019
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ISSN:1752-1424, 1752-1416, 1752-1424
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Abstract Multi‐carrier energy systems create new challenges as well as opportunities in future energy systems. One of these challenges is the interaction among different energy hubs’ facilities and various operational parameters on the scheduling of the energy hub systems. This paper deals with the problem of optimal scheduling of smart residential energy hub (SREH) considering the different uncertain parameters. The effect of the market prices, demands and solar radiation uncertainties on the SREH scheduling problem is characterised through a risk‐constrained two‐stage stochastic programming model. The objective of the proposed scheduling problem is to determine the least‐cost 24 h operation of the facilities that would cover the cooling, thermal and electrical demands. The Monte Carlo simulation method is applied to model the inaccuracies of solar radiation, energy demands, and electricity market prices. Additionally, a proper scenario‐reduction algorithm is employed to reduce the number of scenarios and simulation burden. The proposed approach evaluates the impacts of different values of risk aversion parameter and the utility of the demand response program on the optimal solution of the proposed PV integrated SREH scheduling. Finally, an illustrative example is provided to confirm the efficiency and the applicability of the proposed approach.
AbstractList Multi‐carrier energy systems create new challenges as well as opportunities in future energy systems. One of these challenges is the interaction among different energy hubs’ facilities and various operational parameters on the scheduling of the energy hub systems. This paper deals with the problem of optimal scheduling of smart residential energy hub (SREH) considering the different uncertain parameters. The effect of the market prices, demands and solar radiation uncertainties on the SREH scheduling problem is characterised through a risk‐constrained two‐stage stochastic programming model. The objective of the proposed scheduling problem is to determine the least‐cost 24 h operation of the facilities that would cover the cooling, thermal and electrical demands. The Monte Carlo simulation method is applied to model the inaccuracies of solar radiation, energy demands, and electricity market prices. Additionally, a proper scenario‐reduction algorithm is employed to reduce the number of scenarios and simulation burden. The proposed approach evaluates the impacts of different values of risk aversion parameter and the utility of the demand response program on the optimal solution of the proposed PV integrated SREH scheduling. Finally, an illustrative example is provided to confirm the efficiency and the applicability of the proposed approach.
Author Abapour, Mehdi
Asadi, Somayeh
Dolatabadi, Amirhossein
Mohammadi‐Ivatloo, Behnam
Jadidbonab, Mohammad
Author_xml – sequence: 1
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  surname: Jadidbonab
  fullname: Jadidbonab, Mohammad
  organization: University of Tabriz
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  givenname: Amirhossein
  orcidid: 0000-0001-7970-2408
  surname: Dolatabadi
  fullname: Dolatabadi, Amirhossein
  organization: University of Tabriz
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  givenname: Behnam
  surname: Mohammadi‐Ivatloo
  fullname: Mohammadi‐Ivatloo, Behnam
  email: bmohammadi@tabrizu.ac.ir
  organization: University of Tabriz
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  givenname: Mehdi
  surname: Abapour
  fullname: Abapour, Mehdi
  organization: University of Tabriz
– sequence: 5
  givenname: Somayeh
  surname: Asadi
  fullname: Asadi, Somayeh
  organization: Pennsylvania State University
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Snippet Multi‐carrier energy systems create new challenges as well as opportunities in future energy systems. One of these challenges is the interaction among...
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StartPage 998
SubjectTerms boiler
boilers
cogeneration
combined heat and power unit
compressed air energy storage
compressed air energy storage system
conditional value‐at‐risk methodology
cooling demands
demand response program
demand side management
electrical demands
electrical power
electricity market prices
energy hub system scheduling
energy management systems
future energy systems
Monte Carlo methods
Monte Carlo simulation method
multicarrier energy systems
operational parameters
optimal scheduling
photovoltaic integrated system
photovoltaic power systems
power generation economics
power generation scheduling
power markets
power unit
pricing
PV integrated smart energy hub
PV integrated SREH scheduling
PV system
risk analysis
risk aversion parameter
risk‐constrained energy management
risk‐constrained two‐stage stochastic programming model
scenario‐reduction algorithm
smart power grids
smart residential energy hub
solar radiation
solar radiation uncertainties
stochastic programming
thermal demands
thermal energy storage
time 24.0 hour
Title Risk‐constrained energy management of PV integrated smart energy hub in the presence of demand response program and compressed air energy storage
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Volume 13
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