Energy Hub Planning and Operation Optimization by Applying Demand Side Management Using GAMS

Abstract

Energy hub planning and optimization considering various constraints is an emerging domain of research due to the scarcity of conventional energy resources. Strategic integration of multi-energy sources is a dominant region of research as it provides better efficiency and cost savings. Various uncertainties due to the changing electric, heating, and cooling load demand are increasing the complexity of the system. The paper investigates the effectiveness of Demand Side Management (DSM) programs by analyzing the operation of domestic Energy Hub. The paper proposes two stages for optimal energy hub planning and operation optimization and GAMS mathematical modeling is used to deduce the results. The paper provides the analysis of a two-stage optimization model using the approach of modeling uncertainties and constraints. The process of energy hub designing has been carried out by the help of PSO algorithm by considering continuous capacities of various components of energy hub. The research regarding optimal energy hub operation is modelled in GAMS and the approach of mixed-integer non-linear programming (MINLP) has been used to evaluate the results. The framework provides the energy hub model and also provided the verification of model effectiveness and efficiency.