EconPapers    
Economics at your fingertips  
 

Interval Optimization-Based Optimal Design of Distributed Energy Resource Systems under Uncertainties

Da Li, Shijie Zhang and Yunhan Xiao
Additional contact information
Da Li: Key Laboratory of Advanced Energy and Power, Institute of Engineering Thermophysics, Chinese Academy of Sciences, Beijing 100190, China
Shijie Zhang: Key Laboratory of Advanced Energy and Power, Institute of Engineering Thermophysics, Chinese Academy of Sciences, Beijing 100190, China
Yunhan Xiao: Key Laboratory of Advanced Energy and Power, Institute of Engineering Thermophysics, Chinese Academy of Sciences, Beijing 100190, China

Energies, 2020, vol. 13, issue 13, 1-18

Abstract: Distributed energy resource (DER) systems have elicited increasing attention and applications because of their excellent economic and environmental performance. However, uncertainties exist in such systems, preventing their potential advantages to be realized. In this study, an interval optimization-based model for the optimal design of DER systems is proposed, considering uncertainties in energy prices, renewable energy intensity, and load demands. Uncertainties are described as interval numbers, and the uncertain optimization model is transformed into a deterministic optimization problem using the order relationship and probability degree of interval numbers. The proposed model is applied to a typical hospital in Lianyungang, China, and its effectiveness is verified. One deterministic case and three uncertain cases are designed. The effects of uncertainties on system configuration and economic performance are also analyzed, and the optimal operation strategy under the three uncertainties is determined. A sensitivity analysis is conducted to analyze the effects of probability degree and weighting coefficient on total annual cost. Results show that uncertainties exert a cumulative effect on system optimization outcomes, and the proposed interval optimization model can obtain robust solutions to uncertainties.

Keywords: distributed energy resource; optimal design; interval optimization; uncertainty; operation optimization (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.mdpi.com/1996-1073/13/13/3465/pdf (application/pdf)
https://www.mdpi.com/1996-1073/13/13/3465/ (text/html)

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:gam:jeners:v:13:y:2020:i:13:p:3465-:d:380382

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jeners:v:13:y:2020:i:13:p:3465-:d:380382