Abstract
Effective integration of renewables is essential in the energy transition, which necessitates efficient management of intermittent renewable energy generation, system cost minimization and continuous balance between supply and demand. Due to the problem’s multifaceted nature, tools with a simplified representation of energy system operation are often used to ensure computational tractability, causing performance gaps between planning and operation stages. This work quantifies the gaps focusing on the impacts of model fidelity and dispatch strategy, such as the representation of physical constraints at different levels and varying forecast horizons. More specifically, a real-world case study with three energy hubs is considered. A Pareto front is first obtained considering the trade-offs between cost and carbon footprint using the Ehub tool, a state-of-the-art energy system planning tool. Following that, the cost-optimal and the emission-optimal designs are selected for evaluating the performance gaps, using the dispatch strategies obtained from the Ehub tool as the baseline. Results show that detailed considerations of physical constraints influence grid dependencies and fuel consumption but there are no significant impacts on resultant total costs. The cost increase due to detailed physical constraints is higher for the cost-optimal system than for the emission-optimal system. Moreover, limiting the forecast horizon to 24 hours has significant impacts on the emission-optimal system with an increase in total system cost by 20.3 %. In contrast, there is only a marginal increase of 0.8 % for the cost-optimal system.
Published Version (Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.