An efficient reliability assessment approach for multiple energy systems based on shadow price
This paper presents a new efficient reliability assessment method for multiple energy systems (MES) based on shadow price (SP). The coupling and interaction of multiple energy flows are quantitatively described by the energy hub (EB) model. The shadow price theory can accelerate the calculations of...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2023-03-01
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| Series: | Energy Reports |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484722024611 |
| _version_ | 1797843884740444160 |
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| author | Kai Hou Puting Tang Zeyu Liu Ziheng Dong |
| author_facet | Kai Hou Puting Tang Zeyu Liu Ziheng Dong |
| author_sort | Kai Hou |
| collection | DOAJ |
| description | This paper presents a new efficient reliability assessment method for multiple energy systems (MES) based on shadow price (SP). The coupling and interaction of multiple energy flows are quantitatively described by the energy hub (EB) model. The shadow price theory can accelerate the calculations of optimal load shedding in the reliability assessment for MES. Large numbers of system states are generated by the fluctuations of renewable energy generation. These numerous system states can be evaluated by the shadow price theory instead of cumbersome optimization computations. The case study shows that the proposed SP approach can greatly improve the efficiency of MES. |
| first_indexed | 2024-04-09T17:13:19Z |
| format | Article |
| id | doaj.art-fcc2fb9461c449f5b7a73ee9e71b0ace |
| institution | Directory Open Access Journal |
| issn | 2352-4847 |
| language | English |
| last_indexed | 2024-04-09T17:13:19Z |
| publishDate | 2023-03-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Reports |
| spelling | doaj.art-fcc2fb9461c449f5b7a73ee9e71b0ace2023-04-20T04:37:05ZengElsevierEnergy Reports2352-48472023-03-019829836An efficient reliability assessment approach for multiple energy systems based on shadow priceKai Hou0Puting Tang1Zeyu Liu2Ziheng Dong3Key Laboratory of Smart Grid of Ministry of Education, Tianjin University, Tianjin 300072, ChinaKey Laboratory of Smart Grid of Ministry of Education, Tianjin University, Tianjin 300072, ChinaCorresponding author.; Key Laboratory of Smart Grid of Ministry of Education, Tianjin University, Tianjin 300072, ChinaKey Laboratory of Smart Grid of Ministry of Education, Tianjin University, Tianjin 300072, ChinaThis paper presents a new efficient reliability assessment method for multiple energy systems (MES) based on shadow price (SP). The coupling and interaction of multiple energy flows are quantitatively described by the energy hub (EB) model. The shadow price theory can accelerate the calculations of optimal load shedding in the reliability assessment for MES. Large numbers of system states are generated by the fluctuations of renewable energy generation. These numerous system states can be evaluated by the shadow price theory instead of cumbersome optimization computations. The case study shows that the proposed SP approach can greatly improve the efficiency of MES.http://www.sciencedirect.com/science/article/pii/S2352484722024611Reliability assessmentMulti-energy systemsShadow priceEnergy hub |
| spellingShingle | Kai Hou Puting Tang Zeyu Liu Ziheng Dong An efficient reliability assessment approach for multiple energy systems based on shadow price Energy Reports Reliability assessment Multi-energy systems Shadow price Energy hub |
| title | An efficient reliability assessment approach for multiple energy systems based on shadow price |
| title_full | An efficient reliability assessment approach for multiple energy systems based on shadow price |
| title_fullStr | An efficient reliability assessment approach for multiple energy systems based on shadow price |
| title_full_unstemmed | An efficient reliability assessment approach for multiple energy systems based on shadow price |
| title_short | An efficient reliability assessment approach for multiple energy systems based on shadow price |
| title_sort | efficient reliability assessment approach for multiple energy systems based on shadow price |
| topic | Reliability assessment Multi-energy systems Shadow price Energy hub |
| url | http://www.sciencedirect.com/science/article/pii/S2352484722024611 |
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