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Participation of Grid-Connected Flexible Energy Hubs in Energy Market based on Market Clearing Price Model Considering Generation-Consumption Uncertainties.

Authors :
Farsani, Ahmad Torabi
Joorabian, Mahmood
Mortazavi, Seyed Saeidollah
Source :
Energy Engineering & Management; Autumn2023, Vol. 13 Issue 3, p46-61, 16p
Publication Year :
2023

Abstract

In this paper, the operation of electrical, heat and gas networks with flexible energy hubs is presented, where hubs is contributed in energy market that is based on market clearing price. This scheme maximizes the difference between energy hubs profit and operation cost of generation units subjected to operation model of sources, storages and responsible load in hub format, flexibility limits of hubs, and optimal power flow model of energy networks. This formulation is based on market clearing price model, so that it obtain value of energy price according to balancing between the generation and demand in different buses if energy networks. Penalty function method in this paper uses to calculate of primal variables and some dual variables (energy prices). In the following, the stochastic optimization uses to model the uncertainties of load and renewable power. Finally, the obtained numerical results show the capabilities of the proposed scheme in the improving flexibility and economic situations of hubs. Also, optimal operation of hubs is able to improve the economic and operation induces of energy networks in comparison to load flow study, and it improves the social welfare based on reducing of energy price. So that 100% flexibility condition obtains for Hubs. In this condition, the operation cost, energy loss, voltage drop and temperature drop are reduced about to 19.8%, 7.1%, 19.5% and 16.7%, respectively, with respect to load flow analysis, but the pressure drop increases about to 4.9%. [ABSTRACT FROM AUTHOR]

Details

Language :
Multiple languages
ISSN :
23452951
Volume :
13
Issue :
3
Database :
Complementary Index
Journal :
Energy Engineering & Management
Publication Type :
Academic Journal
Accession number :
175003130
Full Text :
https://doi.org/10.22052/eem.2023.253095.1019