Adaptive robust scheduling of a hydro/photovoltaic/pumped-storage hybrid system in day-ahead electricity and hydrogen markets

A hybrid energy generation system (HEGS) exploits the synergies of various energy to improve the utilization rate of renewable energy while enhancing economic efficiency. In deregulated energy markets, this study proposes a scheduling model for HEGS trading in both day-ahead electricity and hydrogen markets to maximize total profits based on price arbitrage. This HEGS is based on a real case in Southwest China and comprises three hydro units, two photovoltaic (PV) plants a pumped-storage facility, and an electrolyzer. The uncertainty of available PV power generation is modelled using polyhedral uncertainty set and then the proposed model is cast as an adaptive robust optimization (ARO) model in which the conservativeness can be controlled by the PV uncertainty budget (Gamma PV). Then the column-and-constraint generation algorithm is employed to solve this model. The numerical results reveal that the total profit of HEGS trading in two markets can be increased compared to the case of only trading in the electricity market. For instance, the increase in the total profit is 1.01 % (i.e. 5091 CNY) when Gamma PV = 2. Besides, the total profit is considerably affected by Gamma PV. As Gamma PV increases from 2 to 8 (i.e. the robustness increases), the total profit decreases from 507,045.5 CNY to 503,036.1 CNY. Moreover, sensitivity analysis of the total profit related to the pumped-storage capacity and hydrogen price are also presented.

Automated summary

A scheduling model for hybrid energy generation system (HEGS) trading in both day-ahead electricity and hydrogen markets is proposed to maximize total profits based on price arbitrage. The HEGS is based on a real case in Southwest China and includes three hydro units, two photovoltaic plants, a pumped-storage facility, and an electrolyzer. The model is cast as an adaptive robust optimization (ARO) model, and the column-and-constraint generation algorithm is employed to solve it. The numerical results show that HEGS trading in two markets can increase total profits compared to trading in the electricity market only. The total profit is also significantly affected by the uncertainty budget and robustness.