scholarly journals A conditional value-at-risk based planning model for integrated energy system with energy storage and renewables

2021 ◽  
Vol 294 ◽  
pp. 116971
Author(s):  
Ang Xuan ◽  
Xinwei Shen ◽  
Qinglai Guo ◽  
Hongbin Sun
2021 ◽  
Vol 3 (2) ◽  
Author(s):  
Yi Zheng ◽  
Xiaoqing Bai

AbstractWind power's uncertainty is from the intermittency and fluctuation of wind speed, which brings a great challenge to solving the power system's dynamic economic dispatch problem. With the wind-storage combined system, this paper proposes a dynamic economic dispatch model considering AC optimal power flow based on Conditional Value-at-Risk ($$CVaR$$ CVaR ). Since the proposed model is hard to solve, we use the big-M method and second-order cone description technique to transform it into a trackable mixed-integer second-order conic programming (MISOCP) model. By comparing the dispatching cost of the IEEE 30-bus system and the IEEE 118-bus system at different confidence levels, it is indicated that $$CVaR$$ CVaR method can adequately estimate dispatching risk and assist decision-makers in making reasonable dispatching schedules according to their risk tolerance. Meanwhile, the optimal operational energy storage capacity and initial/final energy storage state can be determined by analyzing the dispatching cost risk under different storage capacities and initial/final states.


2019 ◽  
Vol 11 (19) ◽  
pp. 5375 ◽  
Author(s):  
Liu ◽  
Nie

With the rapid transformation of energy structures, the Integrated Energy System (IES) has developed rapidly. It can meet the complementary needs of various energy sources such as cold, thermal, and electricity in industrial parks; can realize multi-energy complements and centralized energy supplies; and can further improve the use efficiency of energy. However, with the extensive access of renewable energy, the uncertainty and intermittentness of renewable energy power generation will greatly reduce the use efficiency of renewable energy and the supply flexibility of IES so as to increase the operational risk of the system operator. With the goal of minimum sum of the system-operating cost and the carbon-emission penalty cost, this paper analyzes the combined supply of cooling, heating, and power (CCHP) influence on system efficiency, compared with the traditional IES. The flexible modified IES realizes the decoupling of cooling, thermal, and electricity; enhances the flexibility of the IES in a variety of energy supply; at the same time, improves the use efficiency of multi-energy; and reasonably avoids the occurrence of energy loss and resource waste. With the aim of reducing the risk that the access of renewable energy may bring to the IES, this paper introduces the fuzzy c-mean-clustering comprehensive quality (FCM-CCQ) algorithm, which is a novel method superior to the general clustering method and performs cluster analysis on the output scenarios of wind power and photovoltaic. Meanwhile, conditional value at risk (CVaR) theory is added to control the system operation risk, which is rarely applied in the field of IES optimization. The model is simulated in a numerical example, and the results demonstrate that the availability and applicability of the presented model are verified. In addition, the carbon dioxide emission of the traditional operation mode; thermoelectric decoupling operation mode; and cooling, thermal, and electricity decoupling operation mode of the IES decrease successively. The system flexibility is greatly enhanced, and the energy-use rate of the system is improved as a whole. Finally, IES, after its flexible transformation, significantly achieve energy conservation, emission reduction, and environmental protection.


2014 ◽  
Vol 16 (6) ◽  
pp. 3-29 ◽  
Author(s):  
Samuel Drapeau ◽  
Michael Kupper ◽  
Antonis Papapantoleon

Author(s):  
Sai Liu ◽  
Cheng Zhou ◽  
Haomin Guo ◽  
Qingxin Shi ◽  
Tiancheng E. Song ◽  
...  

AbstractAs a key component of an integrated energy system (IES), energy storage can effectively alleviate the problem of the times between energy production and consumption. Exploiting the benefits of energy storage can improve the competitiveness of multi-energy systems. This paper proposes a method for day-ahead operation optimization of a building-level integrated energy system (BIES) considering additional potential benefits of energy storage. Based on the characteristics of peak-shaving and valley-filling of energy storage, and further consideration of the changes in the system’s load and real-time electricity price, a model of additional potential benefits of energy storage is developed. Aiming at the lowest total operating cost, a bi-level optimal operational model for day-ahead operation of BIES is developed. A case analysis of different dispatch strategies verifies that the addition of the proposed battery scheduling strategy improves economic operation. The results demonstrate that the model can exploit energy storage’s potential, further optimize the power output of BIES and reduce the economic cost.


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