Demand response-integrated investment and operational planning of renewable and sustainable energy systems considering forecast uncertainties: A systematic review
Soheil Mohseni,
Alan C. Brent,
Scott Kelly and
Will N. Browne
Renewable and Sustainable Energy Reviews, 2022, vol. 158, issue C
Abstract:
The parametric uncertainties inherent in the models of renewable and sustainable energy systems (RSESs) make the associated decision-making processes of integrated resource operation, planning, and designing profoundly complex. Accordingly, intelligent energy management strategies are recognised as an effective intervention to efficiently accommodate the variability inherent in various input data and integrate distributed demand-side flexibility resources. To identify the key methodological and content gaps in the area of stochastic dispatch and planning optimisation of RSESs in the presence of responsive loads, this paper systematically reviews and synthetically analyses 252 relevant peer-reviewed academic articles. The review reveals that academic studies have utilised a wide variety of methods for the joint quantification of uncertainties and procurement of demand response services, while optimally designing and scheduling RSESs. However, to minimise simulation-to-reality gaps, research is needed into more integrated energy optimisation models that simultaneously characterise a broader spectrum of problem-inherent uncertainties and make behaviourally-founded use of flexible demand-side resources. More specifically, the review finds that while the research in this area is rich in thematic scope, it is commonly associated with strong simplifying assumptions that disconnect the corresponding approaches from reality, and thereby obscure the real challenges of transferring simulations into the real world. Accordingly, based on the descriptive analyses conducted and knowledge gaps identified, the paper provides useful insights into myriad possibilities for new research to more effectively utilise the potential of responsive loads, whilst simultaneously characterising the most salient problem-inherent parametric sources of uncertainty, during the investment planning and operational phases of RSESs.
Keywords: Sustainable energy systems; Renewable energy; Uncertainty quantification; Demand response; Demand-side management; Optimal planning; Optimal operation; Smart grid; Flexibility; Systematic literature review (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032122000259
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:rensus:v:158:y:2022:i:c:s1364032122000259
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic
DOI: 10.1016/j.rser.2022.112095
Access Statistics for this article
Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski
More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().