Abstract
Carbon-capture-utilization-and-storage (CCUS) system plays a critical role in the process of decarbonization. This paper proposes a cooperative operation model for a CCUS-based thermal power plant and distributed energy resources. The critical purpose is to achieve a higher profit and flexibility together with a lower carbon emission for the CCUS system under the electricity, carbon, ancillary services, and synthesis fuel markets. First, to enhance the operational flexibility in various markets, a critical focus of this paper is on elaborating feasible operation domain of the CCUS system through identifying the physicochemical processes associated with carbon dioxide (CO <sub xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">2</sub> ) treatment and multi-energy conversion. Second, a Nash-bargaining framework is developed to describe how the CCUS works with distributed energy resources cooperatively to consume cheap and clean renewables to treat CO <sub xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">2</sub> . Third, to solve the cooperative operation problem efficiently and accurately, an adaptive sequential cone programming (ASCP) method together with a progressive hedging variant of the Benders decomposition (PH-BD) algorithm are designed. Case studies indicate the total revenue of the thermal power plant under the cooperative mode is improved by up to 8.85% and 66.53% compared with the individual mode with and without the CCUS. Further, the solution quality and efficiency of proposed methods are verified.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have