The energy management strategies based on dynamic energy pricing for community integrated energy system considering the interactions between suppliers and users
Tengfei Ma,
Wei Pei,
Hao Xiao,
Li Kong,
Yunfei Mu and
Tianjiao Pu
Energy, 2020, vol. 211, issue C
Abstract:
The proliferation of cogeneration technology, information and communication technology has facilitated the integrations of different energy infrastructures and markets. In this paper, the energy management of an integrated energy system composed of multiple energy hub operators and numerous integrated energy providers is formulated as dynamic energy pricing problem. From the perspective of maximizing social welfare, a distributed gradient projection iterative algorithm is proposed to decide the dynamic energy prices and optimal operation strategies of all the participants. Furthermore, the dual decomposition method is employed to decouple the coupled constraints and the primal problem is decomposed into several independent subproblems which can be solved in a distributed manner without violating privacy. Simulation results indicate that the proposed energy pricing algorithm shows a good convergence and availability, which can guarantee the supply-demand balance in each time slot, as well as promote the interactions between the energy supply and consumption sides.
Keywords: Energy hub; Energy management; Dynamic energy pricing; Dual decomposition; Supply-demand balance (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544220317850
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:211:y:2020:i:c:s0360544220317850
DOI: 10.1016/j.energy.2020.118677
Access Statistics for this article
Energy is currently edited by Henrik Lund and Mark J. Kaiser
More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().