EconPapers    
Economics at your fingertips  
 

Robust energy systems scheduling considering uncertainties and demand side emission impacts

Yunqi Wang, Jing Qiu and Yuechuan Tao

Energy, 2022, vol. 239, issue PD

Abstract: Distributed Companies (DISCOs) with distributed energy resources (DERs) are considered as one of the most flexible forms of power supply towards decarbonization society. However, to achieve this low-carbon goal, it would not be effective without appropriate incentives and the effective demand side involvement. Meanwhile, uncertainties in the system operation such as outputs of intermittent renewable energy, electric vehicles (EVs), and demand side behaviors introduce difficulty for scheduling, and further influence the system's carbon emission. This pa-per proposes a two-stage model to investigate the dynamic carbon impacts caused by the above uncertainties to system scheduling through active demand side from both the economic aspect and environmental aspect. The carbon impacts are reflected upon a defined integrated selling price of DISCO based on the result of carbon emission flow (CEF) and real-time carbon price from the carbon trading market. The uncertainties are modeled as individual probability distributions, and the electricity consumption is forecasted by the least absolute shrinkage and selection operator (LASSO)-quantile regression neural network (QRNN). To address the system uncertainties, a probability-weighted robust optimization (PWRO) approach is applied. Case studies are tested on a modified IEEE-33 bus system, the simulation result indicates that the proposed model with PWRO can effectively handle uncertainties, while a fairer bill plan for customers towards a low-carbon economy can be obtained.

Keywords: Carbon pricing; Demand response; Energy economics; Carbon emission flow; Robust optimization (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544221025652
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:239:y:2022:i:pd:s0360544221025652

DOI: 10.1016/j.energy.2021.122317

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 ().

 
Page updated 2025-03-19
Handle: RePEc:eee:energy:v:239:y:2022:i:pd:s0360544221025652