Electricity Market Bidding Strategy for Combined Heat and Power Unit Considering Cooperation of Heat Demand Control

Author(s):  
Muyi Tang ◽  
Yi Luo ◽  
Bo Hu ◽  
Huanhuan Luo ◽  
Weiye Zhu ◽  
...  
2021 ◽  
Vol 11 (10) ◽  
pp. 4438
Author(s):  
Satyendra Singh ◽  
Manoj Fozdar ◽  
Hasmat Malik ◽  
Maria del Valle Fernández Moreno ◽  
Fausto Pedro García Márquez

It is expected that large-scale producers of wind energy will become dominant players in the future electricity market. However, wind power output is irregular in nature and it is subjected to numerous fluctuations. Due to the effect on the production of wind power, producing a detailed bidding strategy is becoming more complicated in the industry. Therefore, in view of these uncertainties, a competitive bidding approach in a pool-based day-ahead energy marketplace is formulated in this paper for traditional generation with wind power utilities. The profit of the generating utility is optimized by the modified gravitational search algorithm, and the Weibull distribution function is employed to represent the stochastic properties of wind speed profile. The method proposed is being investigated and simplified for the IEEE-30 and IEEE-57 frameworks. The results were compared with the results obtained with other optimization methods to validate the approach.


2021 ◽  
pp. 0958305X2110148
Author(s):  
Mojtaba Shivaie ◽  
Mohammad Kiani-Moghaddam ◽  
Philip D Weinsier

In this study, a new bilateral equilibrium model was developed for the optimal bidding strategy of both price-taker generation companies (GenCos) and distribution companies (DisCos) that participate in a joint day-ahead energy and reserve electricity market. This model, from a new perspective, simultaneously takes into account such techno-economic-environmental measures as market power, security constraints, and environmental and loss considerations. The mathematical formulation of this new model, therefore, falls into a nonlinear, two-level optimization problem. The upper-level problem maximizes the quadratic profit functions of the GenCos and DisCos under incomplete information and passes the obtained optimal bidding strategies to the lower-level problem that clears a joint day-ahead energy and reserve electricity market. A locational marginal pricing mechanism was also considered for settling the electricity market. To solve this newly developed model, a competent multi-computational-stage, multi-dimensional, multiple-homogeneous enhanced melody search algorithm (MMM-EMSA), referred to as a symphony orchestra search algorithm (SOSA), was employed. Case studies using the IEEE 118-bus test system—a part of the American electrical power grid in the Midwestern U.S.—are provided in this paper in order to illustrate the effectiveness and capability of the model on a large-scale power grid. According to the simulation results, several conclusions can be drawn when comparing the unilateral bidding strategy: the competition among GenCos and DisCos facilitates; the improved performance of the electricity market; mitigation of the polluting atmospheric emission levels; and, the increase in total profits of the GenCos and DisCos.


Author(s):  
Christof Weinlaender ◽  
Johannes Albert ◽  
Christian Gaber ◽  
Martin Hauth ◽  
René Rieberer ◽  
...  

This paper presents the development of the subsystems for stationary biogas powered solid oxide fuel cell (SOFC)-based combined cooling, heat and power (CCHP). For certain applications, such as buildings, a heat-driven operation mode leads to low operating hours per year for conventional combined heat and power (CHP) systems due to the low heat demand during the summer season. The objectives of this study are the evaluation of an adsorber, a steam reformer, a SOFC, and an absorption chiller (AC). Biogas, however, contains impurities in the form of hydrogen sulfide (H2S), hydrogen chloride (HCl), and siloxanes in different concentrations, which have a negative effect on the performance and durability of the SOFC and, in the case of H2S, also on the catalyst of the steam reformer. This paper describes different experimental sections: (i) the biogas treatment with its main focus on H2S separation and steam reforming, (ii) the setup and start-up of a 10 cell SOFC stack, and (iii) test runs with an AC using a mixture of NH3 (ammonia)/H2O (water). The components required for the engineering process of the subsystem's structure are described in detail and possible options for system design are explained. The evaluation is the basis to reveal the improvement potentials, which have to be considered in future product developments. This paper aims at comparing experimental data of the test rigs to develop an understanding of the requirements for a stable and continuous operation of a SOFC-based CCHP operated by biogas.


2017 ◽  
Vol 4 (1) ◽  
pp. 1358545 ◽  
Author(s):  
Somendra P.S. Mathur ◽  
Anoop Arya ◽  
Manisha Dubey ◽  
Gongnan Xie

2014 ◽  
Vol 472 ◽  
pp. 1052-1056
Author(s):  
Chun Hui Liao ◽  
Zhi Gang Zhou ◽  
Jia Ning Zhao

For evaluating the performance of combined heat and power district heating (CHP-DH) system, some thermodynamic indicators of CHP system, include energy efficiency, exergy efficiency, RPES and RAI, are introduced in this paper. Based on two condensed and heating dual purpose plants, the values of these indicators are calculated with different extraction ratio. The results show that RAI and RPES are more reasonable to be used to assess CHP-DH system and there is a minimum extraction ratio for each unit, which is 0.4 for given plants in this paper, to keep CHP-DH beneficial compared with separate heat and power (SHP) system. Besides, the minimum heat demand of CHP-DH system should be larger than the supplied heat correspond to minimum extraction ratio.


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