EconPapers    
Economics at your fingertips  
 

Shrinking and receding horizon approaches for long-term operational planning of energy storage and supply systems

Tetsuya Wakui, Kazuki Akai and Ryohei Yokoyama

Energy, 2022, vol. 239, issue PD

Abstract: To efficiently solve long-term operational planning problems of energy storage and supply systems, a near-optimal solution method based on the shrinking and receding horizon approaches was developed. A lower bound of the original problem is first calculated by solving a simplified problem, in which the number of binary variables is reduced and the related constraints are simplified. Then, a short-term operational planning problem, with a shrunken planning horizon length, is solved by providing the simplified problem results as the terminal condition for stored energy. Within this problem, the original binary variables and constraints are considered. The short-term operational planning is updated using a receding horizon approach, in which the initial and terminal conditions are provided by the previous short-term operational planning results and simplified problem results, respectively. The solution, obtained by connecting the solutions in all the updating horizons, is regarded as a near-optimal solution of the original problem. The developed method was applied to solve a long-term operational planning problem for an energy storage and supply system, which includes a photovoltaic unit and a metal hydride tank with a water electrolyzer. The results showed that the developed method could find a better solution in a shorter computation time than the conventional methods.

Keywords: Long-term energy storage planning; Two-stage optimization; Receding horizon approach; Mixed-integer linear programming; Hydrogen storage (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544221023148
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:energy:v:239:y:2022:i:pd:s0360544221023148

DOI: 10.1016/j.energy.2021.122066

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

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

 
Page updated 2025-03-19
Handle: RePEc:eee:energy:v:239:y:2022:i:pd:s0360544221023148