Bi-Level Optimal Capacity Planning of Load-Side Electric Energy Storage Using an Emission-Considered Carbon Incentive Mechanism

Jieran Feng and Hao Zhou
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Jieran Feng: College of Electrical Engineering, Zhejiang University, Hangzhou 310027, China
Hao Zhou: College of Electrical Engineering, Zhejiang University, Hangzhou 310027, China

Energies, 2022, vol. 15, issue 13, 1-18

Abstract: The decarbonization of the power system forces the rapid development of electric energy storage (EES). Electricity consumption is the fundamental driving force of carbon emissions in the power system. However, the current EES capacity planning research that considers the load-side carbon emission responsibility is still limited. To fill this research gap, this paper proposes a carbon incentive mechanism while considering load-side carbon emission responsibility. Additionally, a bi-level optimal capacity planning model of the load-side EES based on carbon emission flow (CEF) theory is proposed. The upper level obtained the bus carbon intensities through the optimal economic dispatch and passed them to the lower level. Considering the carbon incentive mechanism, the lower level optimized the EES capacity. Finally, the model was tested by MATLAB/Gurobi in the modified IEEE-39 bus power system. The results show that under the stimulation of the carbon incentive mechanism, the bi-level optimal capacity planning model of the load-side EES could effectively promote peak shaving, valley filling, and carbon reduction. Furthermore, compared with the two existing EES subsidy policies, the proposed carbon incentive mechanism is verified to be more conducive to reducing system carbon emissions.

Keywords: capacity planning; carbon emission flow; carbon incentive mechanism; electric energy storage; load-side carbon emission responsibility; power system (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: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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