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

66Citations
Citations of this article
13Readers
Mendeley users who have this article in their library.

Abstract

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.

Cite

CITATION STYLE

APA

Dwijendra, N. K. A., Arsana, I. G. N. K., Al-Hawary, S. I. S., Prakaash, A. S., Romero Parra, R. M., Turki Jalil, A., & Hammid, A. T. (2023). Operation of the Multiple Energy System with Optimal Coordination of the Consumers in Energy Market. Environmental and Climate Technologies, 27(1), 67–79. https://doi.org/10.2478/rtuect-2023-0006

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free