Risk-Averse Decentralized Optimal Scheduling of a Virtual Energy Hub Plant Equipped with Multi Energy Conversion Facilities in Energy Markets

Amin Mansour Saatloo*, Manthila Wijesooriya Mudiyanselage, Mohammad Amin Mirzaei, Abbas Mehrabi, Mousa Marzband, Nauman Aslam

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Citation (Scopus)
15 Downloads (Pure)

Abstract

Distributed multi-energy systems, in addition to their advantages, pose significant challenges to future energy networks. One of these challenges is how these systems participate in energy markets. To overcome this issue, this paper introduces a virtual energy hub plant (VEHP) comprised of multiple energy hubs (EHs) to participate in the energy market in a cost-effective manner. Each EH is equipped with multiple distributed energy resources (DERs) in order to supply electrical, heating and cooling loads. Moreover, an integrated demand response (IDR) program and vehicle-to-grid (V2G) capable electric vehicles (EVs) are taken into consideration to enhance the flexibility to EHs. The manager of the VEHP participates in the existing day-ahead markets on behalf of EHs after collecting their bids. Since EHs are independent entities, a hybrid model of mobile edge computing system and analytical target cascading theory (MECATC) is proposed to preserve data privacy of EHs. Further, to tackle the uncertainty of renewables, a robust optimization method is applied. Obtained results corroborated the proposed scheduling is efficient and could increase the VEHP’s profit about 21.4% in light of using flexible technologies.
Original languageEnglish
Title of host publication2022 57th International Universities Power Engineering Conference (UPEC)
Place of PublicationPiscataway, US
PublisherIEEE
Pages1-6
Number of pages6
ISBN (Electronic)9781665455053
ISBN (Print)9781665455060
DOIs
Publication statusPublished - 30 Aug 2022
Event57th International Universities Power Engineering Conference (UPEC) - Istanbul , Turkey
Duration: 30 Aug 20222 Sept 2022
https://upec2022.khas.edu.tr/

Conference

Conference57th International Universities Power Engineering Conference (UPEC)
Abbreviated titleUPEC
Country/TerritoryTurkey
CityIstanbul
Period30/08/222/09/22
Internet address

Keywords

  • Virtual energy hub plant
  • mobile edge computing (MEC)
  • analytical target cascading theory (ATC)
  • combined heat and power (CHP) unit
  • uncertainty

Fingerprint

Dive into the research topics of 'Risk-Averse Decentralized Optimal Scheduling of a Virtual Energy Hub Plant Equipped with Multi Energy Conversion Facilities in Energy Markets'. Together they form a unique fingerprint.

Cite this