EconPapers    
Economics at your fingertips  
 

Stochastic Optimization Scheduling Method for Mine Electricity–Heat Energy Systems Considering Power-to-Gas and Conditional Value-at-Risk

Chao Han, Yun Zhu, Xing Zhou and Xuejie Wang ()
Additional contact information
Chao Han: CEC Technical & Economic Consulting Center of Power Construction, Electric Power Development Research Institute Co., Ltd., Beijing 100053, China
Yun Zhu: CEC Technical & Economic Consulting Center of Power Construction, Electric Power Development Research Institute Co., Ltd., Beijing 100053, China
Xing Zhou: CEC Technical & Economic Consulting Center of Power Construction, Electric Power Development Research Institute Co., Ltd., Beijing 100053, China
Xuejie Wang: School of Economics and Management, Yanshan University, Qinhuangdao 066000, China

Energies, 2025, vol. 18, issue 15, 1-22

Abstract: To fully accommodate renewable and derivative energy sources in mine energy systems under supply and demand uncertainties, this paper proposes an optimized electricity–heat scheduling method for mining areas that incorporates Power-to-Gas (P2G) technology and Conditional Value-at-Risk (CVaR). First, to address uncertainties on both the supply and demand sides, a P2G unit is introduced, and a Latin hypercube sampling technique based on Cholesky decomposition is employed to generate wind–solar-load sample matrices that capture source–load correlations, which are subsequently used to construct representative scenarios. Second, a stochastic optimization scheduling model is developed for the mine electricity–heat energy system, aiming to minimize the total scheduling cost comprising day-ahead scheduling cost, expected reserve adjustment cost, and CVaR. Finally, a case study on a typical mine electricity–heat energy system is conducted to validate the effectiveness of the proposed method in terms of operational cost reduction and system reliability. The results demonstrate a 1.4% reduction in the total operating cost, achieving a balance between economic efficiency and system security.

Keywords: mine electricity–heat energy system; source–load correlation; Cholesky decomposition; conditional value-at-risk (CVaR); stochastic optimization (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: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/1996-1073/18/15/4146/pdf (application/pdf)
https://www.mdpi.com/1996-1073/18/15/4146/ (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:18:y:2025:i:15:p:4146-:d:1717674

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 2025-08-06
Handle: RePEc:gam:jeners:v:18:y:2025:i:15:p:4146-:d:1717674