EconPapers    
Economics at your fingertips  
 

Capacity planning and optimization for integrated energy system in industrial park considering environmental externalities

Jingqi Sun, Nuermaimaiti Ruze, Jianjun Zhang, Jing Shi and Boyang Shen

Renewable Energy, 2021, vol. 167, issue C, 56-65

Abstract: The integrated energy system (IES) is developing rapidly duo to its high energy efficiency and environmental protection. Environmental protection is an advantage of IES, and the costs of environmental externalities should be considered in the construction cost of IES in industrial parks. This paper considered the environmental externalities of coal, wind and photovoltaic power generation of industrial park IES (IP-IES) as a part of the unit cost of IP-IES, and constructed a capacity planning and optimization model, whose objective function is to minimize the cost per unit power generation. Subsequently, particle swarm optimization (PSO) is adopted into the model, and the model results are compared to the actual values, in order to determine the reasonable ratios of various types of capacity. Case study results show that: (1) considering environmental externality costs, photovoltaic and wind power have an advantage over thermal power. (2) Reasonable capacity planning can reduce the unit power generation cost.

Keywords: Industrial park integrated energy system; Environment externalities; Particle swarm optimization (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148120317882
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:renene:v:167:y:2021:i:c:p:56-65

DOI: 10.1016/j.renene.2020.11.045

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:renene:v:167:y:2021:i:c:p:56-65