4.7 Article

Optimal bidding strategies of advanced adiabatic compressed air energy storage based energy hub in electricity and heating markets

Related references

Note: Only part of the references are listed.
Article Energy & Fuels

A network-aware market mechanism for decentralized district heating systems

Linde Frolke et al.

Summary: This study proposes a network-aware heat market model that optimizes the integration of prosumers while minimizing operational costs. By fixing temperature variables and neglecting pumping power, the model simplifies complex heat network dynamics and encourages prosumer participation, resulting in reduced total costs.

APPLIED ENERGY (2022)

Article Energy & Fuels

Day-ahead offering strategy in the market for concentrating solar power considering thermoelectric decoupling by a compressed air energy storage

Shitong Sun et al.

Summary: This paper introduces a model that integrates CSP plants with combined heat and power systems to improve heat utilization and reduce overall costs, while also applying compressed air energy storage technology. Research shows that this virtual power plant design can achieve higher profits in the market.

APPLIED ENERGY (2022)

Article Thermodynamics

A flexible-reliable operation optimization model of the networked energy hubs with distributed generations, energy storage systems and demand response

Anoosh Dini et al.

Summary: This study presents a novel optimization model for the flexible-reliable operation of energy hubs in electricity, natural gas, and district heating networks, utilizing energy storage systems and incentive-based demand response program. The optimization scheme minimizes the total expected costs of operation, reliability, and flexibility of the energy networks, while considering uncertainties of load, energy cost, power generation of RES, and network equipment availability through scenario-based stochastic programming. A hybrid teaching-learning-based optimization and crow search algorithm is used to obtain a reliable optimal solution with low standard deviation.

ENERGY (2022)

Article Green & Sustainable Science & Technology

Role of compressed air energy storage in urban integrated energy systems with increasing wind penetration

Tian Xia et al.

Summary: This paper proposes a bi-level framework to evaluate the role of compressed air energy storage (CAES) in urban integrated energy systems and conducts an empirical study. The results show that Diabatic-CAES can play an important role in reducing system overall cost and wind curtailment, while A-CAES becomes more important with increasing wind capacity.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2022)

Article Energy & Fuels

Developing optimal energy management of integrated energy systems in the hybrid electricity and gas networks

Farzam Monfaredi et al.

Summary: This paper introduces a novel optimal operation and planning method for integrated energy systems (IESs), aiming to improve overall energy utilization efficiency by coordinating and optimizing different energy types in various links.

JOURNAL OF ENERGY STORAGE (2022)

Article Energy & Fuels

Research on thermo-economic characteristics of a combined cooling, heating and power system based on advanced adiabatic compressed air energy storage

Peng Li et al.

Summary: Based on advanced adiabatic compressed air energy storage, a combined cooling, heating and power system is constructed and compared under various operation conditions and gas storage chambers. The system adopting sliding pressure operation and constant temperature gas storage chamber achieves the highest exergy efficiency and annual profit margin, while the system adopting constant pressure operation and constant temperature gas storage chamber obtains the highest energy density. The sensitivity analysis of key parameters and multi objective optimization are also conducted.

JOURNAL OF ENERGY STORAGE (2022)

Article Energy & Fuels

Optimal operation of energy hubs integrated with electric vehicles, load management, combined heat and power unit and renewable energy sources

Ruihua Li et al.

Summary: This paper investigates the optimal load dispatch form for an energy hub to reduce the total costs, and proposes a coordinated charge/discharge mode for electric vehicles to decrease energy costs for consumers. The numerical and graphical results demonstrate that by choosing appropriate charge/discharge modes and implementing demand response programs, total costs can be effectively reduced.

JOURNAL OF ENERGY STORAGE (2022)

Article Energy & Fuels

An optimal dispatch model of adiabatic compressed air energy storage system considering its temperature dynamic behavior for combined cooling, heating and power microgrid dispatch

Yaowang Li et al.

Summary: This study proposes a new modeling method for adiabatic compressed air energy storage (A-CAES) technology, taking into consideration the temperature dynamic behavior of A-CAES for combined cooling, heating, and power (CCHP) dispatch. The empirical study and simulation results demonstrate the effectiveness of the proposed A-CAES model, which can lower the system operation cost.

JOURNAL OF ENERGY STORAGE (2022)

Article Energy & Fuels

Economic and exergoeconomic analyses of a cogeneration based on adiabatic compressed air energy storage and zeotropic mixtures

Laiqing Yan et al.

Summary: An adiabatic compressed air energy storage system coupled with an ejector refrigeration cycle is proposed in this study to produce power and cooling capacity. Zeotropic mixtures are used to enhance system efficiency and reduce irreversibilities. Comprehensive analyses are conducted to evaluate the system performance, and the optimal zeotropic mixture is identified. The study also investigates the effects of parameter variations on system performance and applies multi-objective optimization to further improve the system efficiency and payback period.

JOURNAL OF ENERGY STORAGE (2022)

Review Energy & Fuels

Application of energy storage in integrated energy systems - A solution to fluctuation and uncertainty of renewable energy

Wei Wang et al.

Summary: This paper provides a comprehensive overview of the applications of various energy storage technologies in mitigating the fluctuation and uncertainty of renewable energy, analyzing their techno-economic characteristics.

JOURNAL OF ENERGY STORAGE (2022)

Article Engineering, Electrical & Electronic

Stochastic optimal dispatch of combined heat and power integrated AA-CAES power station considering thermal inertia of DHN

Zhi Zhang et al.

Summary: This paper proposes a stochastic optimal dispatch model that integrates AA-CAES power station and DHN thermal inertia to improve the peak shaving capability and cope with uncertainties of the combined heat and power system.

INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS (2022)

Article Engineering, Electrical & Electronic

Participation of Energy Storage-Based Flexible Hubs in Day-Ahead Reserve Regulation and Energy Markets Based on a Coordinated Energy Management Strategy

Mohsen Kazemi et al.

Summary: This paper explores the participation of energy hubs in energy and reserve markets, and proposes a coordinated energy management strategy to maximize the profits of the hubs. By linearizing the nonlinear equations, an optimal solution is obtained more efficiently. The results show that managing resources and storage in hub form compared to independent management plans can increase profits in energy and reserve markets, and reduce energy losses in energy networks.

INTERNATIONAL TRANSACTIONS ON ELECTRICAL ENERGY SYSTEMS (2022)

Article Green & Sustainable Science & Technology

Economic Performance of a Hybrid Renewable Energy System with Optimal Design of Resources

Ngakan Ketut Acwin Dwijendra et al.

Summary: This study proposes an off-grid design of a hybrid energy system based on renewable resources to meet the electrical demand of a house in Hamadan city, Iran. The resources, including battery, solar cells, wind turbines, and electrolyser/fuel cell, are modeled and optimized based on operation cost and net present cost. The numerical simulation presents three optimal designs that minimize costs and ensure high reliability in meeting the electrical demand.

ENVIRONMENTAL AND CLIMATE TECHNOLOGIES (2022)

Article Thermodynamics

Optimal bidding and scheduling of AA-CAES based energy hub considering cascaded consumption of heat

Danman Wu et al.

Summary: This paper proposes a cogeneration and storage architecture of an AA-CAES based energy hub in an industrial park, utilizing a bi-level optimization model for optimal bidding and scheduling. By modeling the cascaded use of thermal energy to supply heat demands with different temperatures and developing a radial basis function based surrogate optimization method to solve the nonlinear problem, the effectiveness of the proposed method is verified through numerical examples.

ENERGY (2021)

Article Thermodynamics

Modelling and control of advanced adiabatic compressed air energy storage under power tracking mode considering off-design generating conditions

Jiayu Bai et al.

Summary: This paper proposes a state-space set-point control model of AA-CAES for power tracking mode considering off-design characteristics. The model captures part-load features of the multi-stage turbine and heat exchanger with simplified models, tailored for improving computational efficiency.

ENERGY (2021)

Article Engineering, Electrical & Electronic

Regional integrated energy system dispatch strategy considering advanced adiabatic compressed air energy storage device

Shixu Zhang et al.

Summary: This study presents a schedule strategy for RIES considering multiple applications of AA-CAES to optimize the economic benefits of EHO. The results show that the multiple application capacity of AA-CAES can significantly increase the overall profit of EHO, enhance the operational flexibility of RIES, and optimize market trading strategies.

INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS (2021)

Article Engineering, Electrical & Electronic

A new two-layer model for energy management in the smart distribution network containing flexi-renewable virtual power plant

Saeed Abrisham Foroushan Asl et al.

Summary: This paper presents a two-layer energy management model for smart distribution networks with flexi-renewable virtual power plants, optimizing profit and network management by minimizing energy loss and voltage deviation. The model addresses uncertainties using stochastic programming and a bi-level optimization approach for efficient solutions.

ELECTRIC POWER SYSTEMS RESEARCH (2021)

Article Energy & Fuels

Dynamic programming based economic day-ahead scheduling of integrated tri-generation energy system with hybrid energy storage

Yizhou Xiao et al.

Summary: The paper proposes an economic day-ahead scheduling model based on dynamic programming for SOFC-based integrated tri-generation energy system (ITES). By optimizing fuel consumption and considering safety constraints, the feasibility and efficiency of the proposed optimization method under a typical load scenario are demonstrated.

JOURNAL OF ENERGY STORAGE (2021)

Article Green & Sustainable Science & Technology

Interdependence of electricity and heat distribution systems coupled by an AA-CAES-based energy hub

Jiayu Bai et al.

IET RENEWABLE POWER GENERATION (2020)

Article Energy & Fuels

The pricing methods on the monopoly district heating market

Valery Stennikov et al.

ENERGY REPORTS (2020)

Article Management

Heat and electricity market coordination: A scalable complementarity approach

Lesia Mitridati et al.

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH (2020)

Article Engineering, Electrical & Electronic

Participation of an Energy Hub in Electricity and Heat Distribution Markets: An MPEC Approach

Rui Li et al.

IEEE TRANSACTIONS ON SMART GRID (2019)

Article Computer Science, Information Systems

Two-Stage Integrated Electricity and Heat Market Clearing With Energy Stations

Jinran Wang et al.

IEEE ACCESS (2019)

Article Thermodynamics

Stochastic optimization of energy hub operation with consideration of thermal energy market and demand response

M. J. Vahid-Pakdel et al.

ENERGY CONVERSION AND MANAGEMENT (2017)

Proceedings Paper Green & Sustainable Science & Technology

Demand response analysis methodology in district heating system

Asset Khabdullin et al.

INTERNATIONAL SCIENTIFIC CONFERENCE - ENVIRONMENTAL AND CLIMATE TECHNOLOGIES (CONECT 2017) (2017)

Article Energy & Fuels

Active demand response with electric heating systems: Impact of market penetration

Alessia Arteconi et al.

APPLIED ENERGY (2016)

Article Thermodynamics

A comparative research of two adiabatic compressed air energy storage systems

Jin-Long Liu et al.

ENERGY CONVERSION AND MANAGEMENT (2016)

Review Engineering, Electrical & Electronic

Taking the Human Out of the Loop: A Review of Bayesian Optimization

Bobak Shahriari et al.

PROCEEDINGS OF THE IEEE (2016)

Article Engineering, Multidisciplinary

Design and engineering implementation of non-supplementary fired compressed air energy storage system: TICC-500

Mei ShengWei et al.

SCIENCE CHINA-TECHNOLOGICAL SCIENCES (2015)

Article Economics

Market opening and third party access in district heating networks

Patrik Soderholm et al.

ENERGY POLICY (2011)