Impact of demand response on the optimal, techno-economic performance of a hybrid, renewable energy power plant
Abbas Ihsan,
Matthew Jeppesen and
Michael J. Brear
Applied Energy, 2019, vol. 238, issue C, 972-984
Abstract:
This paper presents a model to optimise the operation of a small-scale, grid-connected, hybrid power plant with and without demand response of the associated load. The model minimises the full cost of supplying electricity from a combination of solar photovoltaic, battery storage, a natural gas fuelled reciprocating engine generator and network delivered electricity, while satisfying several technical and environmental constraints. This includes the use of demand response, historical local solar irradiance and demand traces, constraints on solar photovoltaic, battery and engine performance, full electricity and natural gas tariffs, and the option to participate in the wholesale electricity market.
Keywords: Hybrid plant; Optimisation; Demand response; Abatement; Demand charge; LCOE (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:238:y:2019:i:c:p:972-984
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DOI: 10.1016/j.apenergy.2019.01.090
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