Optimal configuration of improved dynamic carbon neutral energy systems based on hybrid energy storage and market incentives

Zhonglian Zhang, Xiaohui Yang, Moxuan Li, Fuwei Deng, Riying Xiao, Linghao Mei and Zecheng Hu

Energy, 2023, vol. 284, issue C

Abstract: The current single energy storage approach and market incentives do not fully exploit the potential of diverse energy storage methods and market incentives. Additionally, the traditional operation method often results in a poor alignment between energy supply and demand. Moreover, the conventional solution algorithm struggles to address complex problem-solving involving multiple variables. To address these issues, this paper proposes an improved carbon-neutral energy system (ICNES). Firstly, ICNES enhances residual energy utilization by implementing dual-layer residual power and heat treatment. Secondly, to enhance the effectiveness of market incentives, ICNES incorporates an improved approach that combines a dual-layer carbon capture drive, step carbon penalty, carbon reward, and green certificate trading. Thirdly, to improve the supply–demand matching, ICNES introduces a dynamic hybrid operation approach (DFHL). Finally, the paper proposes a honey badger-pattern search algorithm (HB-PSA) to optimize the configuration of ICNES for the DFHL multivariate scenario. Results indicate that compared to conventional carbon-neutral energy systems, ICNES reduces annual operating costs by 6.686%, CO2 emissions by 9.538%, primary energy consumption by 12.826%, and energy waste rate by 17.465%. Furthermore, HB-PSA increases the optimization rate from 48.693% to 53.88% of the local optimum.

Keywords: Carbon neutral energy system; Hybrid energy storage; Market incentives; Dynamic operation method; Honey badger algorithm (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:284:y:2023:i:c:s0360544223027470

DOI: 10.1016/j.energy.2023.129353

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