Economic Scheduling of CCHP Systems Considering the Tradable Green Certificates

Hongming Yang; Dangqiang Zhang; Ke Meng; Mingyong Lai; Zhao Yang Dong

doi:10.1007/978-94-017-8044-5_9

Economic Scheduling of CCHP Systems Considering the Tradable Green Certificates

Hongming Yang
, Dangqiang Zhang
, Ke Meng
, Mingyong Lai
, Zhao Yang Dong

Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 12 - Chapter in an edited book (Author) › peer-review

Abstract

Due to the fossil fuel crisis contributed by the explosive growth in energy demand, combined cooling heating and power (CCHP) systems which can jointly supply electricity and hot/cold have become the mainstream of energy generation technology. In this chapter, tradable green certificate mechanism is firstly introduced to operation of CCHP system, and the impacts of tradable green certificate on the scheduling of CCHP system are studied. And then, based on the probability distribution ofwind speed and solar radiation intensity as well as the copula join function, the joint probability distribution ofmaximum available output of multiple solar and wind farms is built. The economic dispatch model formulti-energy complementary system considering the TGC was proposed to maximize renewable energy utilization. This model aims at minimizing total system cost whist fulfilling the constraints of power system stable operation and hot/coldwater pipes safe operation. After that, in order to address the non-convex scheduling optimization problem, global descent method is applied, which can continuously update the local optimal solutions by global descent function, and find global optimal solution. Finally, one modified IEEE 14-bus system is used to verify the performance of the proposed model and optimization solver. © Springer Science+Business Media Dordrecht 2014.

Original language	English
Title of host publication	Optimization and Control Methods in Industrial Engineering and Construction
Publisher	Kluwer Academic Publishers
Pages	139-160
Volume	72
ISBN (Print)	9789401780438
DOIs	https://doi.org/10.1007/978-94-017-8044-5_9
Publication status	Published - 2014
Externally published	Yes

Publication series

Name	Intelligent Systems, Control and Automation: Science and Engineering
Volume	72
ISSN (Print)	2213-8986
ISSN (Electronic)	2213-8994

Bibliographical note

Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy
SDG 13 Climate Action

Research Keywords

Combined cooling heating and power system
Copula function
Economic scheduling
Global descent method
Renewable energy
Tradable green certificate

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10.1007/978-94-017-8044-5_9

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Yang, H., Zhang, D., Meng, K., Lai, M., & Dong, Z. Y. (2014). Economic Scheduling of CCHP Systems Considering the Tradable Green Certificates. In Optimization and Control Methods in Industrial Engineering and Construction (Vol. 72, pp. 139-160). (Intelligent Systems, Control and Automation: Science and Engineering; Vol. 72). Kluwer Academic Publishers. https://doi.org/10.1007/978-94-017-8044-5_9

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title = "Economic Scheduling of CCHP Systems Considering the Tradable Green Certificates",

abstract = "Due to the fossil fuel crisis contributed by the explosive growth in energy demand, combined cooling heating and power (CCHP) systems which can jointly supply electricity and hot/cold have become the mainstream of energy generation technology. In this chapter, tradable green certificate mechanism is firstly introduced to operation of CCHP system, and the impacts of tradable green certificate on the scheduling of CCHP system are studied. And then, based on the probability distribution ofwind speed and solar radiation intensity as well as the copula join function, the joint probability distribution ofmaximum available output of multiple solar and wind farms is built. The economic dispatch model formulti-energy complementary system considering the TGC was proposed to maximize renewable energy utilization. This model aims at minimizing total system cost whist fulfilling the constraints of power system stable operation and hot/coldwater pipes safe operation. After that, in order to address the non-convex scheduling optimization problem, global descent method is applied, which can continuously update the local optimal solutions by global descent function, and find global optimal solution. Finally, one modified IEEE 14-bus system is used to verify the performance of the proposed model and optimization solver. {\textcopyright} Springer Science+Business Media Dordrecht 2014.",

keywords = "Combined cooling heating and power system, Copula function, Economic scheduling, Global descent method, Renewable energy, Tradable green certificate",

author = "Hongming Yang and Dangqiang Zhang and Ke Meng and Mingyong Lai and Dong, \{Zhao Yang\}",

note = "Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].",

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language = "English",

isbn = "9789401780438",

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}

Yang, H, Zhang, D, Meng, K, Lai, M & Dong, ZY 2014, Economic Scheduling of CCHP Systems Considering the Tradable Green Certificates. in Optimization and Control Methods in Industrial Engineering and Construction. vol. 72, Intelligent Systems, Control and Automation: Science and Engineering, vol. 72, Kluwer Academic Publishers, pp. 139-160. https://doi.org/10.1007/978-94-017-8044-5_9

Economic Scheduling of CCHP Systems Considering the Tradable Green Certificates. / Yang, Hongming; Zhang, Dangqiang; Meng, Ke et al.
Optimization and Control Methods in Industrial Engineering and Construction. Vol. 72 Kluwer Academic Publishers, 2014. p. 139-160 (Intelligent Systems, Control and Automation: Science and Engineering; Vol. 72).

Research output: Chapters, Conference Papers, Creative and Literary Works › RGC 12 - Chapter in an edited book (Author) › peer-review

TY - CHAP

T1 - Economic Scheduling of CCHP Systems Considering the Tradable Green Certificates

AU - Yang, Hongming

AU - Zhang, Dangqiang

AU - Meng, Ke

AU - Lai, Mingyong

AU - Dong, Zhao Yang

N1 - Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].

PY - 2014

Y1 - 2014

N2 - Due to the fossil fuel crisis contributed by the explosive growth in energy demand, combined cooling heating and power (CCHP) systems which can jointly supply electricity and hot/cold have become the mainstream of energy generation technology. In this chapter, tradable green certificate mechanism is firstly introduced to operation of CCHP system, and the impacts of tradable green certificate on the scheduling of CCHP system are studied. And then, based on the probability distribution ofwind speed and solar radiation intensity as well as the copula join function, the joint probability distribution ofmaximum available output of multiple solar and wind farms is built. The economic dispatch model formulti-energy complementary system considering the TGC was proposed to maximize renewable energy utilization. This model aims at minimizing total system cost whist fulfilling the constraints of power system stable operation and hot/coldwater pipes safe operation. After that, in order to address the non-convex scheduling optimization problem, global descent method is applied, which can continuously update the local optimal solutions by global descent function, and find global optimal solution. Finally, one modified IEEE 14-bus system is used to verify the performance of the proposed model and optimization solver. © Springer Science+Business Media Dordrecht 2014.

AB - Due to the fossil fuel crisis contributed by the explosive growth in energy demand, combined cooling heating and power (CCHP) systems which can jointly supply electricity and hot/cold have become the mainstream of energy generation technology. In this chapter, tradable green certificate mechanism is firstly introduced to operation of CCHP system, and the impacts of tradable green certificate on the scheduling of CCHP system are studied. And then, based on the probability distribution ofwind speed and solar radiation intensity as well as the copula join function, the joint probability distribution ofmaximum available output of multiple solar and wind farms is built. The economic dispatch model formulti-energy complementary system considering the TGC was proposed to maximize renewable energy utilization. This model aims at minimizing total system cost whist fulfilling the constraints of power system stable operation and hot/coldwater pipes safe operation. After that, in order to address the non-convex scheduling optimization problem, global descent method is applied, which can continuously update the local optimal solutions by global descent function, and find global optimal solution. Finally, one modified IEEE 14-bus system is used to verify the performance of the proposed model and optimization solver. © Springer Science+Business Media Dordrecht 2014.

KW - Combined cooling heating and power system

KW - Copula function

KW - Economic scheduling

KW - Global descent method

KW - Renewable energy

KW - Tradable green certificate

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UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-84896528299&origin=recordpage

U2 - 10.1007/978-94-017-8044-5_9

DO - 10.1007/978-94-017-8044-5_9

M3 - RGC 12 - Chapter in an edited book (Author)

SN - 9789401780438

VL - 72

T3 - Intelligent Systems, Control and Automation: Science and Engineering

SP - 139

EP - 160

BT - Optimization and Control Methods in Industrial Engineering and Construction

PB - Kluwer Academic Publishers

ER -

Economic Scheduling of CCHP Systems Considering the Tradable Green Certificates

Abstract

Publication series

Bibliographical note

UN SDGs

Research Keywords

Access Output

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