Economic evaluation of Wind–PV–Pumped storage hybrid system considering carbon emissions
Multi-energy complementarity is an important means to solve the problem of renewable energy consumption. In this paper, the economic evaluation model of Wind–Photovoltaic (PV)–Pumped Storage (PS) hybrid system with different scenarios of installed capacity is constructed based on the high proportion...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2022-08-01
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| Series: | Energy Reports |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S235248472200556X |
| _version_ | 1828404749854048256 |
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| author | Shushu Zhang Weijia Yang Xudong Li Zhigao Zhao Ran Wang Yulan Li |
| author_facet | Shushu Zhang Weijia Yang Xudong Li Zhigao Zhao Ran Wang Yulan Li |
| author_sort | Shushu Zhang |
| collection | DOAJ |
| description | Multi-energy complementarity is an important means to solve the problem of renewable energy consumption. In this paper, the economic evaluation model of Wind–Photovoltaic (PV)–Pumped Storage (PS) hybrid system with different scenarios of installed capacity is constructed based on the high proportion of wind and PV accessing to power grids. Firstly, an index system covering techno-economic, financial and social and environmental benefits is established under the guidance of the SMART Principle. The influence of carbon emissions is considered in the index for social and environmental benefits. Then the combination weighting method is used to weigh each index, afterwards the total score is calculated by the nonlinear weighted method. Finally, the model is applied to solve and analyze the hybrid system under 22 scenarios. The result shows the nonlinear correlation between comprehensive economic benefits and the installed capacity, and presents the local maximum of the economic benefits in a certain range as well. |
| first_indexed | 2024-12-10T10:41:11Z |
| format | Article |
| id | doaj.art-b98e9bd9f81845b2a2f06c9a257c274f |
| institution | Directory Open Access Journal |
| issn | 2352-4847 |
| language | English |
| last_indexed | 2024-12-10T10:41:11Z |
| publishDate | 2022-08-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Reports |
| spelling | doaj.art-b98e9bd9f81845b2a2f06c9a257c274f2022-12-22T01:52:19ZengElsevierEnergy Reports2352-48472022-08-01812491258Economic evaluation of Wind–PV–Pumped storage hybrid system considering carbon emissionsShushu Zhang0Weijia Yang1Xudong Li2Zhigao Zhao3Ran Wang4Yulan Li5State Key Laboratory Of Water Resources And Hydropower Engineering Science, Wuhan University, Wuhan 430072, ChinaCorresponding author.; State Key Laboratory Of Water Resources And Hydropower Engineering Science, Wuhan University, Wuhan 430072, ChinaState Key Laboratory Of Water Resources And Hydropower Engineering Science, Wuhan University, Wuhan 430072, ChinaState Key Laboratory Of Water Resources And Hydropower Engineering Science, Wuhan University, Wuhan 430072, ChinaState Key Laboratory Of Water Resources And Hydropower Engineering Science, Wuhan University, Wuhan 430072, ChinaState Key Laboratory Of Water Resources And Hydropower Engineering Science, Wuhan University, Wuhan 430072, ChinaMulti-energy complementarity is an important means to solve the problem of renewable energy consumption. In this paper, the economic evaluation model of Wind–Photovoltaic (PV)–Pumped Storage (PS) hybrid system with different scenarios of installed capacity is constructed based on the high proportion of wind and PV accessing to power grids. Firstly, an index system covering techno-economic, financial and social and environmental benefits is established under the guidance of the SMART Principle. The influence of carbon emissions is considered in the index for social and environmental benefits. Then the combination weighting method is used to weigh each index, afterwards the total score is calculated by the nonlinear weighted method. Finally, the model is applied to solve and analyze the hybrid system under 22 scenarios. The result shows the nonlinear correlation between comprehensive economic benefits and the installed capacity, and presents the local maximum of the economic benefits in a certain range as well.http://www.sciencedirect.com/science/article/pii/S235248472200556XWind–PV–PS hybrid systemEconomic evaluationPumped storageSizingCarbon emissions |
| spellingShingle | Shushu Zhang Weijia Yang Xudong Li Zhigao Zhao Ran Wang Yulan Li Economic evaluation of Wind–PV–Pumped storage hybrid system considering carbon emissions Energy Reports Wind–PV–PS hybrid system Economic evaluation Pumped storage Sizing Carbon emissions |
| title | Economic evaluation of Wind–PV–Pumped storage hybrid system considering carbon emissions |
| title_full | Economic evaluation of Wind–PV–Pumped storage hybrid system considering carbon emissions |
| title_fullStr | Economic evaluation of Wind–PV–Pumped storage hybrid system considering carbon emissions |
| title_full_unstemmed | Economic evaluation of Wind–PV–Pumped storage hybrid system considering carbon emissions |
| title_short | Economic evaluation of Wind–PV–Pumped storage hybrid system considering carbon emissions |
| title_sort | economic evaluation of wind pv pumped storage hybrid system considering carbon emissions |
| topic | Wind–PV–PS hybrid system Economic evaluation Pumped storage Sizing Carbon emissions |
| url | http://www.sciencedirect.com/science/article/pii/S235248472200556X |
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