Integration of hybrid renewable energy sources with the power system considering their economic complementarity
Abstract Renewable energy sources play an important role in providing clean energy for future electricity networks. As the penetration level of these resources grows, their integration with the grid will be more challenging. Each renewable energy source has different inherent characteristics that, i...
Main Authors: | , |
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Format: | Article |
Language: | English |
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Wiley
2023-11-01
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Series: | IET Renewable Power Generation |
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Online Access: | https://doi.org/10.1049/rpg2.12871 |
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author | Farnam Dehghani Mohammad Agha Shafiyi |
author_facet | Farnam Dehghani Mohammad Agha Shafiyi |
author_sort | Farnam Dehghani |
collection | DOAJ |
description | Abstract Renewable energy sources play an important role in providing clean energy for future electricity networks. As the penetration level of these resources grows, their integration with the grid will be more challenging. Each renewable energy source has different inherent characteristics that, if appropriately used in the generation mix, could complement each other and create many technical and economic benefits for the power system. Usually, renewable energy resource complementarity studies are carried out with the objectives of smooth effect, reducing the need for storage and load tracking. In this study, the economic complementarity approach is introduced with the help of a Mixed integer nonlinear programming (MINLP) model. This approach can integrate renewable and storage energy sources with the grid and determine the optimal capacity of these resources in complementary used mode. The results show that the proposed method always imposes the system's lowest annual operation and investment costs. |
first_indexed | 2024-03-09T18:28:02Z |
format | Article |
id | doaj.art-19bb14fd85364bc3bdfae9b4b13f464d |
institution | Directory Open Access Journal |
issn | 1752-1416 1752-1424 |
language | English |
last_indexed | 2024-03-09T18:28:02Z |
publishDate | 2023-11-01 |
publisher | Wiley |
record_format | Article |
series | IET Renewable Power Generation |
spelling | doaj.art-19bb14fd85364bc3bdfae9b4b13f464d2023-11-24T07:43:34ZengWileyIET Renewable Power Generation1752-14161752-14242023-11-0117153638365010.1049/rpg2.12871Integration of hybrid renewable energy sources with the power system considering their economic complementarityFarnam Dehghani0Mohammad Agha Shafiyi1Department of Electrical Engineering Shahid Beheshti University Tehran IranDepartment of Electrical Engineering Shahid Beheshti University Tehran IranAbstract Renewable energy sources play an important role in providing clean energy for future electricity networks. As the penetration level of these resources grows, their integration with the grid will be more challenging. Each renewable energy source has different inherent characteristics that, if appropriately used in the generation mix, could complement each other and create many technical and economic benefits for the power system. Usually, renewable energy resource complementarity studies are carried out with the objectives of smooth effect, reducing the need for storage and load tracking. In this study, the economic complementarity approach is introduced with the help of a Mixed integer nonlinear programming (MINLP) model. This approach can integrate renewable and storage energy sources with the grid and determine the optimal capacity of these resources in complementary used mode. The results show that the proposed method always imposes the system's lowest annual operation and investment costs.https://doi.org/10.1049/rpg2.12871energy storagehybrid renewable energy systemspower generation economicspower generation planningpower system planningsolar power |
spellingShingle | Farnam Dehghani Mohammad Agha Shafiyi Integration of hybrid renewable energy sources with the power system considering their economic complementarity IET Renewable Power Generation energy storage hybrid renewable energy systems power generation economics power generation planning power system planning solar power |
title | Integration of hybrid renewable energy sources with the power system considering their economic complementarity |
title_full | Integration of hybrid renewable energy sources with the power system considering their economic complementarity |
title_fullStr | Integration of hybrid renewable energy sources with the power system considering their economic complementarity |
title_full_unstemmed | Integration of hybrid renewable energy sources with the power system considering their economic complementarity |
title_short | Integration of hybrid renewable energy sources with the power system considering their economic complementarity |
title_sort | integration of hybrid renewable energy sources with the power system considering their economic complementarity |
topic | energy storage hybrid renewable energy systems power generation economics power generation planning power system planning solar power |
url | https://doi.org/10.1049/rpg2.12871 |
work_keys_str_mv | AT farnamdehghani integrationofhybridrenewableenergysourceswiththepowersystemconsideringtheireconomiccomplementarity AT mohammadaghashafiyi integrationofhybridrenewableenergysourceswiththepowersystemconsideringtheireconomiccomplementarity |