EconPapers    
Economics at your fingertips  
 

Optimization of Dispatching Electricity Market with Consideration of a Solar-Assisted Coal-Fired Power Generation System

Rongrong Zhai, Lingjie Feng, Hai Yu, Chao Li and Yongping Yang
Additional contact information
Rongrong Zhai: School of Energy Power and Mechanical Engineering, North China Electric Power University, Beijing 102206, China
Lingjie Feng: School of Energy Power and Mechanical Engineering, North China Electric Power University, Beijing 102206, China
Hai Yu: CSIRO Energy, 10 Murray Dwyer Circuit, Mayfield West, NSW 2304, Australia
Chao Li: School of Energy Power and Mechanical Engineering, North China Electric Power University, Beijing 102206, China
Yongping Yang: School of Energy Power and Mechanical Engineering, North China Electric Power University, Beijing 102206, China

Energies, 2019, vol. 12, issue 7, 1-16

Abstract: This study investigates the multi-objective optimization of load dispatch of a solar-assisted coal-fired power generation system. The improved environmental/economic load dispatch model considers coal consumption, NO x emissions, and power purchase cost. The singular weighted method is utilized to solve this multi-objective and multi-constraint optimization problem. A power system that includes five power generators, one of which is retrofitted to a solar-assisted coal-fired unit, is also analyzed. It can be concluded that the loads of solar-assisted coal-fired units are higher than the original coal-fired unit, and with the increase of solar radiation, the gap between the loads of two units also increases. In addition, after retrofitting, the coal consumption, the NO x emission, and power costs of units reduce by about 2.05%, 0.45%, and 0.14%, respectively. From the study on the on-grid power tariff, where the tariff drops from 16.29 cents/kWh to 3.26 cents/kWh, NO x emissions drop from 12.31 t to 11.28 t per day, a reduction of about 8.38%. The cost of purchasing electricity decreases from $ 2,982,161.8 to $ 2,020,505.0 per day, a decrease of 32.25%. Therefore, when both coal-fired units and solar-assisted coal-fired units exist in a region, the use of solar-assisted coal-fired power generation units should be prioritized.

Keywords: Solar-assisted coal-fired power generation system; Singular weighted method; load dispatch (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: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/1996-1073/12/7/1284/pdf (application/pdf)
https://www.mdpi.com/1996-1073/12/7/1284/ (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:12:y:2019:i:7:p:1284-:d:219697

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:12:y:2019:i:7:p:1284-:d:219697