Energy management of an intelligent parking lot equipped with hydrogen storage systems and renewable energy sources using the stochastic p-robust optimization approach

Salman Habib, Sina Aghakhani, Mobin Ghasempour Nejati, Mahdi Azimian, Youwei Jia and Emad M. Ahmed

Energy, 2023, vol. 278, issue C

Abstract: Transportation electrification is an undeniable trend for moving towards sustainable energy systems. Therefore, electric intelligent parking lots (IPL) enhanced with renewable energy sources (RESs) and hydrogen storage systems (HSSs) play an essential role in reaching multiple techno-environmental purposes. In this regard, this paper proposes a novel energy management framework for HSS-based IPL considering risk management approach and demand response programs. The uncertainties of input parameters such as solar irradiation and its temperature, wind speed, energy tariff of the upper grid, and IPL's demand are captured into the model through two strategies; the stochastic optimization method (SOM) and the stochastic p-robust optimization approach (SPROA). The SPROA is applied to model the risk-based form of the IPL to minimize the total expected expenditure of the IPL and its maximum related regret (MRR). Finally, the proposed approach is applied to a typical IPL and the results demonstrate the effectiveness of the proposed approach for conservative operators.

Keywords: Intelligent parking lot; Stochastic p-robust optimization approach; Hydrogen storage system (HSS); Stochastic optimization method (SOM); Electric vehicles (EVs); Risk management (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544223012380
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:278:y:2023:i:c:s0360544223012380

DOI: 10.1016/j.energy.2023.127844

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 ().