Optimization of a CHP system using a forecasting dispatch and teaching-learning-based optimization algorithm

Ashkan Toopshekan, Ali Abedian, Arian Azizi, Esmaeil Ahmadi and Mohammad Amin Vaziri Rad

Energy, 2023, vol. 285, issue C

Abstract: Using optimization algorithms and developing dispatch strategies are essential in sizing renewable energy systems to ensure optimal performance, cost-effectiveness, and sustainability. This study employs the Teaching-Learning-based Optimization (TLBO) algorithm to determine the optimal size of a Combined Heat and Power (CHP) system. The optimization results are validated using the Genetic Algorithm (GA) and Particle Swarm Optimization (PSO). Furthermore, a novel dispatch strategy is developed to make an informed decision when using different energy sources. The strategy considers a 24-h foresight of upcoming electrical demand, solar irradiation, temperature, and wind speed. The developed dispatch strategy has led to a reduction in cost and excess electricity compared to the pre-prepared strategies. The energy sources employed include Photovoltaic panels (PV), Wind Turbines (WT), Diesel Generators (DG) with heat recovery capability, battery banks, and boilers to supply electrical and thermal demand. A Levelized cost of energy (LCOE) of 0.142 $/kWh is obtained for the PV/WT/DG/Battery/Boiler system. Although the three algorithms find almost similar optimal solutions, TLBO exhibits better convergence speed than PSO and GA. A comparison with HOMER software control strategies shows the developed dispatch strategy is 3.4% and 15.5% more efficient than Cycle Charging and Load Following strategies, respectively. Lastly, a comprehensive economic sensitivity analysis is performed to investigate the effect of inflation and discount rates on the size of components and final objective functions.

Keywords: Renewable energy; Forecasting dispatch; Teaching learning based optimization; Combined heat and power (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:285:y:2023:i:c:s0360544223020650

DOI: 10.1016/j.energy.2023.128671

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