Modeling a hydrogen-based sustainable multi-carrier energy system using a multi-objective optimization considering embedded joint chance constraints
Hui Zhang,
Jiye Wang,
Xiongwen Zhao,
Jingqi Yang and
Zainab Ali Bu sinnah
Energy, 2023, vol. 278, issue C
Abstract:
Hydrogen-based power generation could increase the sustainability and efficiency of future energy systems due to the higher storing capabilities resulting from the higher gravimetric density of hydrogen energy. This work proposes a hydrogen-based multi-carrier energy system (HMES) comprising renewable energy resource (RES), electricity, and hydrogen markets as input energy carriers and power, cooling, and heating as demands. Thermal water storage and hydrogen tank storage are considered to improve energy efficiency. This system uses the full capacity of intermittent wind and solar energy to increase RES utilization and decrease carbon emissions simultaneously. The environmental and economic goals of the proposed HMES are satisfied through the weighted-sum multi-objective method. The trade-off solution between operation and emission costs is ultimately obtained through the max-min fuzzy method. Chance constraint programming (CCP), which offers decision-makers a variety of risk-taker strategies, is utilized as a tool to manage the risk associated with stochastic optimization. The confidence level of the CCP determines the risk tolerated by the decision-maker, improving the optimization process by creating a more realistic approach to risk management in real-world models. The results show the benefits of hydrogen tank by reducing operation costs by 4.5% and importance of CCP leading to operation costs reduction.
Keywords: Renewable energy sources; Hydrogen-based multi-carrier energy system; Stochastic optimization; Energy storage; Weighted sum method; Chance constraint programming (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:278:y:2023:i:c:s036054422301037x
DOI: 10.1016/j.energy.2023.127643
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