Abstract
The combined cooling, heating, and power (CCHP) microgrid system is good for energy gradient utility. At the same time, it can promote the renewable energy (RE) consumption and abate environmental pollution. In a CCHP microgrid system, the electrical energy storage (EES), which can storage and release electrical energy, plays an indispensable role. A robust optimization model of the CCHP microgrid participating in power market transaction is constructed to calculate the CCHP microgrid operation cost in 4 cases. The results show that the EES can significantly reduce the cost of the CCHP microgrid by 13.21%, compared with 8.36% in Group 1 without renewable energy. The EES can reduce the reserved capacity of micro gas turbine units to deal with the precariousness of RE generation and then reduce the CCHP microgrid operation cost by reducing the purchase of energy from the power grid and arbitrage. Finally, the calculation method of comprehensive value of the EES is constructed. The comprehensive value of the EES is higher in Group 2 with renewable energy compared with Group 1 without renewable energy. Through net present value (NPV) calculation and sensitivity analysis, it is found that the RE penetration level and EES cost have the greatest impact on the economic performance of EES. This shows that with the continuous rising of the RE penetration level and the gradual decrease of EES cost, great potential still waits to be tapped in the comprehensive value of EES in the future.
Highlights
With the global climate deterioration and energy consumption crisis becoming increasingly obvious, the clean and efficient use of energy has become a focus recently [1]
The uncertainty sets of wind turbine (WT) and solar PV units generation are based on the wind speed and illumination data of typical days in each quarter
The electrical energy storage can reduce the reserved capacity of Micro-gas turbine (MT) to deal with the volatility of renewable energy (RE) generation and reduce the CCHP microgrid capacity of MT to deal with the volatility of RE generation and reduce the CCHP microgrid operation cost by reducing the purchase of energy from main grid (MG) and arbitrage
Summary
With the global climate deterioration and energy consumption crisis becoming increasingly obvious, the clean and efficient use of energy has become a focus recently [1]. A robust optimization model of the CCHP microgrid participating in power market transaction is constructed to calculate the comprehensive value of electrical energy storage in this article. In this context, the innovation points are as follows:. This paper focuses on the comprehensive value of energy storage equipment in the CCHP microgrid participating in power market transactions, including the impact of the operation cost of the CCHP microgrid, the cost of trading energy with the main grid (MG), the micro gas turbine units generation, the consumption of renewable energy, and reduction of emission.
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