Abstract

Electricity consumption is increasing rapidly and many countries are looking for ways to cope with the energy crisis. Morever, the world is facing the problem of global warming caused by emissions. Therefore, it is of great importance to operate power systems efficiently. Energy Hub (EH) represents a versatile energy system capable of providing efficient and optimal solutions for the operation of power systems across multiple carriers. This paper examines the optimization of an EH encompassing renewable energy systems (RES) like wind and photovoltaic, combined heat and power (CHP), transformer, absorption chiller, energy storage system (ESS) and furnace with aiming at minimizing the cost. Demand response is an energy sector strategy that entails modifying electricity consumption patterns in reaction to fluctuations in electricity supply or pricing. The objective of demand response programs (DRP) is to curtail or shift electricity consumption during periods of elevated electricity prices. Therefore, Electrical Demand Response Program (EDRP) for electrical demand and the Thermal Demand Response Program (TDRP) for heating demand are incorporated into the EH. The optimization problem is formulated as Mixed Integer Linear Programming (MILP) and solved with CPLEX solver in GAMS. The outcomes of various case studies are compared to ascertain the model's efficiency.

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