Simulation of the System-Wide Impact of Power-to-Gas Energy Storages by Multi-stage Optimization

Christoph Baumann (), Julia Schleibach and Albert Moser
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Christoph Baumann: RWTH Aachen University
Julia Schleibach: RWTH Aachen University
Albert Moser: RWTH Aachen University

A chapter in Operations Research Proceedings 2014, 2016, pp 25-30 from Springer

Abstract: Abstract In this paper a simulation method for the European power and natural gas system based on an optimization is introduced. The mathematical formulation of the problem represents a minimization of total costs subject to the coverage of demand and reserve requirements as well as the adherence of technical constraints. Due to the complexity of the problem, especially due to binary decisions and non-linearities resulting from restrictions of thermal power as well as Power-to-Gas plants, a closed-loop formulation is not practicable. Thus, this paper presents a simulation method consisting of a multi-stage optimization with the use of Lagrangian Relaxation and decomposition techniques.

Keywords: Thermal Power Plant; Market Area; Heat Consumption; Hydro Power Plant; Mixed Integer Quadratic Programming (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-319-28697-6_4

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DOI: 10.1007/978-3-319-28697-6_4

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