Short-term Self-Scheduling of Virtual Energy Hub Plant within Thermal Energy Market

Jadidbonab, Mohammad, Mohammadi-Ivatloo, Behnam, Marzband, Mousa and Siano, Pierluigi (2020) Short-term Self-Scheduling of Virtual Energy Hub Plant within Thermal Energy Market. IEEE Transactions on Industrial Electronics. ISSN 0278-0046 (In Press)

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Multi carrier energy systems create new challenges as well as opportunities in future energy systems. One of these challenges is the interaction among multiple energy systems and energy hubs on different energy markets. The proposed new concept of the energy hub, which is named as the VEH in this paper, is referred to a new physical structure beside the proposed self-scheduling approach. The VEH is a new structure of the energy hub systems, which is operated, based on the different energy carriers and facilities as well as maximization its revenue by participation on the various local energy markets. The proposed virtual energy hub (VEH) optimizes its revenue from participating in the electrical and thermal energy markets by examining both local markets. Participation a player in the energy markets by using the integrated point of view can be reach to a higher benefit and optimal operation of the facilities in comparison with independent energy systems. In a competitive energy market, a VEH optimizes its self-scheduling problem in order to maximize its benefit considering uncertainties related to renewable resources. To handle the problem under uncertainty, a non-probabilistic information gap method is implemented in this study.

Item Type: Article
Uncontrolled Keywords: Virtual energy hub, local thermal energy market, information gap decision theory, wind power generation, compressed air energy storage.
Subjects: H600 Electronic and Electrical Engineering
H800 Chemical, Process and Energy Engineering
Department: Faculties > Engineering and Environment > Mathematics, Physics and Electrical Engineering
Depositing User: Elena Carlaw
Date Deposited: 13 Mar 2020 15:32
Last Modified: 13 Mar 2020 15:45

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