EconPapers    
Economics at your fingertips  
 

Multi-period optimal capacity expansion planning scheme of regional integrated energy systems considering multi-time scale uncertainty and generation low-carbon retrofit

Xinglei Liu, Jun Liu, Jiacheng Liu and Yin Yang

Renewable Energy, 2024, vol. 231, issue C

Abstract: With increasingly challenging climate crisis, carbon neutrality has become a necessary path for the whole world. However, there still lacks a comprehensive investigation on the optimal capacity expansion planning for a low-carbon transformation while considering multiple uncertainties. In this paper, a multi-period optimal capacity expansion planning scheme for regional integrated energy systems considering multi-time scale uncertainties and generation low-carbon retrofit is proposed. First, to better describe the short-time scale uncertainty caused by renewable energy and load fluctuations, a multi-dimensional tempo-spatial correlated scenario generation method is proposed to more accurately capture stochastic features with the least amounts of representative scenarios. Second, a multi-period optimal planning model considering generation low-carbon retrofit and short-/long-time scale uncertainties is developed. The proposed model combines information gap decision theory and chance constraints to stress both uncertainties simultaneously, which is further linearized to facilitate the computation. Third, an improved bilinear Benders decomposition (IBBD) method is utilized to efficiently solve the proposed large-scale optimal planning problem. Finally, numerical experiments of a real world test system of WF city show: 1) the maximum errors of PDF and CDF between generated scenarios and historical data are 0.108 and 0.016, validating the effectiveness of the proposed scenario generation method; 2) the low-carbon retrofit reduces system carbon emissions by 14.12 × 107 kg, while the total system cost is $956,411,387 with additional energy coupling units and renewables installed, indicating the reliability of the multi-period planning model; 3) the IBBD algorithm demonstrates applicability and efficiency in solving the proposed multi-period optimal expansion planning problem, reducing computation time by over 80.39 % compared to commercial solvers, such as GUROBI.

Keywords: Regional integrated energy system; Optimal capacity expansion planning; Multi-dimensional scenario generation; Generation low-carbon retrofit; Bilinear benders decomposition (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148124009881
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:231:y:2024:i:c:s0960148124009881

DOI: 10.1016/j.renene.2024.120920

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:231:y:2024:i:c:s0960148124009881