Research on Comprehensive Value of Electrical Energy Storage in CCHP Microgrid with Renewable Energy Based on Robust Optimization
The combined cooling, heating, and power (CCHP) microgrid system is good for energy gradient utility. At the same time, it can promote the renewable energy (RE) consumption and abate environmental pollution. In a CCHP microgrid system, the electrical energy storage (EES), which can storage and relea...
| Main Authors: | , , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2020-12-01
|
| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/13/24/6526 |
| _version_ | 1797545127359545344 |
|---|---|
| author | Huiru Zhao Hao Lu Xuejie Wang Bingkang Li Yuwei Wang Pei Liu Zhao Ma |
| author_facet | Huiru Zhao Hao Lu Xuejie Wang Bingkang Li Yuwei Wang Pei Liu Zhao Ma |
| author_sort | Huiru Zhao |
| collection | DOAJ |
| description | The combined cooling, heating, and power (CCHP) microgrid system is good for energy gradient utility. At the same time, it can promote the renewable energy (RE) consumption and abate environmental pollution. In a CCHP microgrid system, the electrical energy storage (EES), which can storage and release electrical energy, plays an indispensable role. A robust optimization model of the CCHP microgrid participating in power market transaction is constructed to calculate the CCHP microgrid operation cost in 4 cases. The results show that the EES can significantly reduce the cost of the CCHP microgrid by 13.21%, compared with 8.36% in Group 1 without renewable energy. The EES can reduce the reserved capacity of micro gas turbine units to deal with the precariousness of RE generation and then reduce the CCHP microgrid operation cost by reducing the purchase of energy from the power grid and arbitrage. Finally, the calculation method of comprehensive value of the EES is constructed. The comprehensive value of the EES is higher in Group 2 with renewable energy compared with Group 1 without renewable energy. Through net present value (NPV) calculation and sensitivity analysis, it is found that the RE penetration level and EES cost have the greatest impact on the economic performance of EES. This shows that with the continuous rising of the RE penetration level and the gradual decrease of EES cost, great potential still waits to be tapped in the comprehensive value of EES in the future. |
| first_indexed | 2024-03-10T14:11:03Z |
| format | Article |
| id | doaj.art-bc13df8ca1e54251bf0541fae9ef80b7 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T14:11:03Z |
| publishDate | 2020-12-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-bc13df8ca1e54251bf0541fae9ef80b72023-11-21T00:14:11ZengMDPI AGEnergies1996-10732020-12-011324652610.3390/en13246526Research on Comprehensive Value of Electrical Energy Storage in CCHP Microgrid with Renewable Energy Based on Robust OptimizationHuiru Zhao0Hao Lu1Xuejie Wang2Bingkang Li3Yuwei Wang4Pei Liu5Zhao Ma6School of Economics and Management, North China Electric Power University, Beijing 102206, ChinaSchool of Economics and Management, North China Electric Power University, Beijing 102206, ChinaSchool of Economics and Management, North China Electric Power University, Beijing 102206, ChinaSchool of Economics and Management, North China Electric Power University, Beijing 102206, ChinaDepartment of Economic Management, North China Electric Power University, Baoding 071003, ChinaSchool of Insurance and Economics, University of International Business and Economics, Beijing 100029, ChinaSchool of Economics and Management, North China Electric Power University, Beijing 102206, ChinaThe combined cooling, heating, and power (CCHP) microgrid system is good for energy gradient utility. At the same time, it can promote the renewable energy (RE) consumption and abate environmental pollution. In a CCHP microgrid system, the electrical energy storage (EES), which can storage and release electrical energy, plays an indispensable role. A robust optimization model of the CCHP microgrid participating in power market transaction is constructed to calculate the CCHP microgrid operation cost in 4 cases. The results show that the EES can significantly reduce the cost of the CCHP microgrid by 13.21%, compared with 8.36% in Group 1 without renewable energy. The EES can reduce the reserved capacity of micro gas turbine units to deal with the precariousness of RE generation and then reduce the CCHP microgrid operation cost by reducing the purchase of energy from the power grid and arbitrage. Finally, the calculation method of comprehensive value of the EES is constructed. The comprehensive value of the EES is higher in Group 2 with renewable energy compared with Group 1 without renewable energy. Through net present value (NPV) calculation and sensitivity analysis, it is found that the RE penetration level and EES cost have the greatest impact on the economic performance of EES. This shows that with the continuous rising of the RE penetration level and the gradual decrease of EES cost, great potential still waits to be tapped in the comprehensive value of EES in the future.https://www.mdpi.com/1996-1073/13/24/6526CCHP microgridrenewable energyrobust optimizationelectrical energy storagecomprehensive value |
| spellingShingle | Huiru Zhao Hao Lu Xuejie Wang Bingkang Li Yuwei Wang Pei Liu Zhao Ma Research on Comprehensive Value of Electrical Energy Storage in CCHP Microgrid with Renewable Energy Based on Robust Optimization Energies CCHP microgrid renewable energy robust optimization electrical energy storage comprehensive value |
| title | Research on Comprehensive Value of Electrical Energy Storage in CCHP Microgrid with Renewable Energy Based on Robust Optimization |
| title_full | Research on Comprehensive Value of Electrical Energy Storage in CCHP Microgrid with Renewable Energy Based on Robust Optimization |
| title_fullStr | Research on Comprehensive Value of Electrical Energy Storage in CCHP Microgrid with Renewable Energy Based on Robust Optimization |
| title_full_unstemmed | Research on Comprehensive Value of Electrical Energy Storage in CCHP Microgrid with Renewable Energy Based on Robust Optimization |
| title_short | Research on Comprehensive Value of Electrical Energy Storage in CCHP Microgrid with Renewable Energy Based on Robust Optimization |
| title_sort | research on comprehensive value of electrical energy storage in cchp microgrid with renewable energy based on robust optimization |
| topic | CCHP microgrid renewable energy robust optimization electrical energy storage comprehensive value |
| url | https://www.mdpi.com/1996-1073/13/24/6526 |
| work_keys_str_mv | AT huiruzhao researchoncomprehensivevalueofelectricalenergystorageincchpmicrogridwithrenewableenergybasedonrobustoptimization AT haolu researchoncomprehensivevalueofelectricalenergystorageincchpmicrogridwithrenewableenergybasedonrobustoptimization AT xuejiewang researchoncomprehensivevalueofelectricalenergystorageincchpmicrogridwithrenewableenergybasedonrobustoptimization AT bingkangli researchoncomprehensivevalueofelectricalenergystorageincchpmicrogridwithrenewableenergybasedonrobustoptimization AT yuweiwang researchoncomprehensivevalueofelectricalenergystorageincchpmicrogridwithrenewableenergybasedonrobustoptimization AT peiliu researchoncomprehensivevalueofelectricalenergystorageincchpmicrogridwithrenewableenergybasedonrobustoptimization AT zhaoma researchoncomprehensivevalueofelectricalenergystorageincchpmicrogridwithrenewableenergybasedonrobustoptimization |