Journal Article

Operation of the Multiple Energy System with Optimal Coordination of the Consumers in Energy Market

Arsana, I Gusti Ngurah Kerta, Prakaash, A. S, Dwijendra, Ngakan Ketut Acwin, Hammid, Ali Thaeer, Turki Jalil, Abduladheem, Romero Parra, Rosario Mireya, Al-Hawary, Sulieman Ibraheem Shelash

2023

Overview

In this paper, optimal coordination of the demand side under uncertainty of the energy price in energy market is studied. The consumers by demand response programs (DRPs) have optimal role in minimization of the energy generation costs in multiple energy system. The consumers can participate via local generation strategy (LGS) and demand curtailment strategy (DCS). The optimal coordination is considered as two stage optimization, in which minimization of the consumers’ bills is done in first stage. In following, the minimization of the generation costs is performed in second stage optimization. The LGS is taken into accounted through optimal discharging of plug electric vehicles (PEVs). Finally, numerical simulation is implemented to show superiority of the proposed approach to minimization of the energy generation costs.

• Publisher: Sciendo,Riga Technical University
• Subject: Consumers / Coordination / Demand curtailment strategy (DCS) / demand response programs (DRPs) / Demand side management / Electric power demand / Electric vehicles / Electrical plugs / Energy / Energy consumption / Energy costs / Energy industry / Energy management / Energy prices / Infrastructure / Mathematical models / multiple energy system / Natural gas utilities / onsite generation strategy (LGS) / optimal coordination / Optimization / Participation / Random variables / Smart grid technology