Low-carbon economic operation of energy hub integrated with linearization model and nodal energy-carbon price

Siyuan Ma, Yang Mi, Shuai Shi, Dongdong Li, Haijun Xing and Peng Wang

Energy, 2024, vol. 294, issue C

Abstract: Energy hub has positive significance in absorbing renewable energy, improving energy utilization efficiency and reducing carbon emissions. Considering both linearization energy hub model and nodal integrated energy-carbon price, a low-carbon economic operation model of energy hub is constructed by taking advantage of the bi-level optimization structure. First, in order to simplify the modeling procedures and improve the solving efficiency, reversibility judgment criteria and linearization processes in energy hub modeling are improved. Then, a nodal integrated energy-carbon pricing strategy is proposed and calculated according to flow tracing method and carbon emission flow method. Additionally, the bi-level optimization model and solution procedure are presented to obtain the optimal operating states of energy hubs. At last, for the simulation results, the characteristics and the influence of nodal price on energy consumption behaviors of energy hubs are analyzed, the proposed model is effective to reduce the carbon emissions and operating costs.

Keywords: Energy hub; Integrated energy system; Carbon emission flow; Energy price; Low-carbon economic operation (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544224005267
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:294:y:2024:i:c:s0360544224005267

DOI: 10.1016/j.energy.2024.130754

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 ().