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Energy Systems Optimization Considering the Uncertainty of Future Developments

Energy Systems Optimization Considering the Uncertainty of Future Developments PDF Author: Wolf Gereon Wedel
Publisher: BoD – Books on Demand
ISBN: 3759718280
Category : Technology & Engineering
Languages : en
Pages : 282

Book Description
In light of anthropogenic climate change and the importance of energy to ensure high living standards, energy system optimization is used to explore different energy system layouts. A recent focus has been on determining cost-effective ways to mitigate greenhouse gas emissions. This work investigates how future uncertainties regarding technology costs influence optimization results. This is achieved through energy system optimization aimed at reducing system cost using stochastic optimization with probability distributions to capture expected future costs and uncertainties. Theoretical considerations and a minimal example energy system show that Jensen's inequality leads to an overestimation of necessary system costs when scenario optimization considers only the expected technology cost means. Stochastic optimization is applied to a model of the German energy system, including the electricity, heating, and transport sectors. Results from stochastic optimization are compared to scenario results based on mean cost distributions. The use of a factor effect-based meta-model and fewer optimizations in stochastic analysis are investigated to reduce computational effort. The results confirm the overestimation of necessary costs by scenario optimization, showing a 3.5% overestimation with an 80% emission reduction target and 0.4% for a completely renewable system. Stochastic optimization also provides the interquartile range to characterize uncertainty, with a 13.2 Euro MWh-1 interquartile range (27.3% of the mean) for a completely renewable system. Using 30 to 60 optimizations in the stochastic case yields results similar to 500 optimizations, the benchmark. The proposed meta-models offer limited advantages except for predicting extreme results, which are not evident with fewer optimizations. In some cases, especially for non-renewable systems, the expected values from stochastic optimization differ significantly from scenario optimization results. For instance, at a 20% emission limit of 1990 levels, scenario optimization yields 18% of the CO2 emissions compared to the mean of stochastic optimization. Similar differences are seen in other parameters, though most are well-represented by scenario results. Clustering helps manage the diverse results from stochastic optimization by identifying underlying system layouts. Stochastic optimization with probability distributions is robust, with small changes to distributions having minimal impact on outcomes.

Energy Systems Optimization Considering the Uncertainty of Future Developments

Energy Systems Optimization Considering the Uncertainty of Future Developments PDF Author: Wolf Gereon Wedel
Publisher: BoD – Books on Demand
ISBN: 3759718280
Category : Technology & Engineering
Languages : en
Pages : 282

Book Description
In light of anthropogenic climate change and the importance of energy to ensure high living standards, energy system optimization is used to explore different energy system layouts. A recent focus has been on determining cost-effective ways to mitigate greenhouse gas emissions. This work investigates how future uncertainties regarding technology costs influence optimization results. This is achieved through energy system optimization aimed at reducing system cost using stochastic optimization with probability distributions to capture expected future costs and uncertainties. Theoretical considerations and a minimal example energy system show that Jensen's inequality leads to an overestimation of necessary system costs when scenario optimization considers only the expected technology cost means. Stochastic optimization is applied to a model of the German energy system, including the electricity, heating, and transport sectors. Results from stochastic optimization are compared to scenario results based on mean cost distributions. The use of a factor effect-based meta-model and fewer optimizations in stochastic analysis are investigated to reduce computational effort. The results confirm the overestimation of necessary costs by scenario optimization, showing a 3.5% overestimation with an 80% emission reduction target and 0.4% for a completely renewable system. Stochastic optimization also provides the interquartile range to characterize uncertainty, with a 13.2 Euro MWh-1 interquartile range (27.3% of the mean) for a completely renewable system. Using 30 to 60 optimizations in the stochastic case yields results similar to 500 optimizations, the benchmark. The proposed meta-models offer limited advantages except for predicting extreme results, which are not evident with fewer optimizations. In some cases, especially for non-renewable systems, the expected values from stochastic optimization differ significantly from scenario optimization results. For instance, at a 20% emission limit of 1990 levels, scenario optimization yields 18% of the CO2 emissions compared to the mean of stochastic optimization. Similar differences are seen in other parameters, though most are well-represented by scenario results. Clustering helps manage the diverse results from stochastic optimization by identifying underlying system layouts. Stochastic optimization with probability distributions is robust, with small changes to distributions having minimal impact on outcomes.

Energy Systems Optimization Considering the Uncertainty of Future Developments

Energy Systems Optimization Considering the Uncertainty of Future Developments PDF Author: Wolf Gereon Wedel
Publisher: BoD – Books on Demand
ISBN: 3759702937
Category :
Languages : en
Pages : 282

Book Description


Advances in Energy System Optimization

Advances in Energy System Optimization PDF Author: Valentin Bertsch
Publisher: Springer
ISBN: 3319517953
Category : Mathematics
Languages : en
Pages : 239

Book Description
The papers presented in this volume address diverse challenges in energy systems, ranging from operational to investment planning problems, from market economics to technical and environmental considerations, from distribution grids to transmission grids and from theoretical considerations to data provision concerns and applied case studies. The International Symposium on Energy System Optimization (ISESO) was held on November 9th and 10th 2015 at the Heidelberg Institute for Theoretical Studies (HITS) and was organized by HITS, Heidelberg University and Karlsruhe Institute of Technology.

Optimization in Renewable Energy Systems

Optimization in Renewable Energy Systems PDF Author: Ozan Erdinc
Publisher: Butterworth-Heinemann
ISBN: 0081012098
Category : Technology & Engineering
Languages : en
Pages : 327

Book Description
Optimization in Renewable Energy Systems: Recent Perspectives covers all major areas where optimization techniques have been applied to reduce uncertainty or improve results in renewable energy systems (RES). Production of power with RES is highly variable and unpredictable, leading to the need for optimization-based planning and operation in order to maximize economies while sustaining performance. This self-contained book begins with an introduction to optimization, then covers a wide range of applications in both large and small scale operations, including optimum operation of electric power systems with large penetration of RES, power forecasting, transmission system planning, and DG sizing and siting for distribution and end-user premises. This book is an excellent choice for energy engineers, researchers, system operators, system regulators, and graduate students. Provides chapters written by experts in the field Goes beyond forecasting to apply optimization techniques to a wide variety of renewable energy system issues, from large scale to relatively small scale systems Provides accompanying computer code for related chapters

Power System Optimization

Power System Optimization PDF Author: Haoyong Chen
Publisher: John Wiley & Sons
ISBN: 1118724771
Category : Technology & Engineering
Languages : en
Pages : 392

Book Description
An original look from a microeconomic perspective for power system optimization and its application to electricity markets Presents a new and systematic viewpoint for power system optimization inspired by microeconomics and game theory A timely and important advanced reference with the fast growth of smart grids Professor Chen is a pioneer of applying experimental economics to the electricity market trading mechanism, and this work brings together the latest research A companion website is available Edit

Advances in Distributed Energy Resources Aggregation for the Low Carbon Future

Advances in Distributed Energy Resources Aggregation for the Low Carbon Future PDF Author: Qinran Hu
Publisher: Frontiers Media SA
ISBN: 2832514545
Category : Technology & Engineering
Languages : en
Pages : 149

Book Description


Advances in Digitalization and Machine Learning for Integrated Building-Transportation Energy Systems

Advances in Digitalization and Machine Learning for Integrated Building-Transportation Energy Systems PDF Author: Yuekuan Zhou
Publisher: Elsevier
ISBN: 0443131783
Category : Computers
Languages : en
Pages : 302

Book Description
Advances in Digitalization and Machine Learning for Integrated Building-Transportation Energy Systems examines the combined impact of buildings and transportation systems on energy demand and use. With a strong focus on AI and machine learning approaches, the book comprehensively discusses each part of the energy life cycle, considering source, grid, demand, storage, and usage. Opening with an introduction to smart buildings and intelligent transportation systems, the book presents the fundamentals of AI and its application in renewable energy sources, alongside the latest technological advances. Other topics presented include building occupants’ behavior and vehicle driving schedule with demand prediction and analysis, hybrid energy storages in buildings with AI, smart grid with energy digitalization, and prosumer-based P2P energy trading. The book concludes with discussions on blockchain technologies, IoT in smart grid operation, and the application of big data and cloud computing in integrated smart building-transportation energy systems. A smart and flexible energy system is essential for reaching Net Zero whilst keeping energy bills affordable. This title provides critical information to students, researchers and engineers wanting to understand, design, and implement flexible energy systems to meet the rising demand in electricity. Introduces spatiotemporal energy sharing with new energy vehicles and human-machine interactions Discusses the potential for electrification and hydrogenation in integrated building-transportation systems for sustainable development Highlights key topics related to traditional energy consumers, including peer-to-peer energy trading and cost-benefit business models

Optimal Operation of Integrated Energy Systems Under Uncertainties

Optimal Operation of Integrated Energy Systems Under Uncertainties PDF Author: Bo Yang
Publisher: Elsevier
ISBN: 0443141231
Category : Business & Economics
Languages : en
Pages : 252

Book Description
Optimal Operation of Integrated Energy Systems Under Uncertainties: Distributionally Robust and Stochastic Models discusses new solutions to the rapidly emerging concerns surrounding energy usage and environmental deterioration. Integrated energy systems (IESs) are acknowledged to be a promising approach to increasing the efficiency of energy utilization by exploiting complementary (alternative) energy sources and storages. IESs show favorable performance for improving the penetration of renewable energy sources (RESs) and accelerating low-carbon transition. However, as more renewables penetrate the energy system, their highly uncertain characteristics challenge the system, with significant impacts on safety and economic issues. To this end, this book provides systematic methods to address the aggravating uncertainties in IESs from two aspects: distributionally robust optimization and online operation. Presents energy scheduling, considering power, gas, and carbon markets concurrently based on distributionally robust optimization methods Helps readers design day-ahead scheduling schemes, considering both decision-dependent uncertainties and decision-independent uncertainties for IES Covers online scheduling and energy auctions by stochastic optimization methods Includes analytic results given to measure the performance gap between real performance and ideal performance

Towards Sustainable Chemical Processes

Towards Sustainable Chemical Processes PDF Author: Jingzheng Ren
Publisher: Elsevier
ISBN: 0128189347
Category : Technology & Engineering
Languages : en
Pages : 446

Book Description
Towards Sustainable Chemical Processes describes a comprehensive framework for sustainability assessment, design and the processes optimization of chemical engineering. Beginning with the analysis and assessment in the early stage of chemical products’ initiating, this book focuses on the combination of science sustainability and process system engineering, involving mathematical models, industrial ecology, circular economy, energy planning, process integration and sustainability engineering. All chapters throughout answered two fundamental questions in depth: (1) what tools and models are available to be used to assess and design sustainable chemical processes, (2) what the core theories and concepts are to get into the sustainable chemical process fields. Therefore, Towards Sustainable Chemical Processes is an indispensable guide for chemical engineers, researchers, students, practitioners and consultants in sustainability related area. Provides innovative, novel and comprehensive methods and models for sustainability assessment, design and optimization, and synthesis and integration of chemical engineering processes Combines sustainability science with process system engineering Integrates mathematical models, industrial ecology, circular economy, energy planning, process integration and sustainability engineering Includes new case studies related to renewable energy, resource management, process synthesis and process integration

Optimal synthesis of multi-product energy systems under neutrosophic environment

Optimal synthesis of multi-product energy systems under neutrosophic environment PDF Author: John Frederick D. Tapia
Publisher: Infinite Study
ISBN:
Category : Mathematics
Languages : en
Pages : 15

Book Description
This study develops a novel neutrosophic optimization model to address these uncertainties. It involves treating product demands, waste targets, and economic benefits as interval-valued neutrosophic numbers. Three characteristic functions under the neutrosophic environment are considered: membership, non-membership, and indeterminacy. Two case studies are used to illustrate the model: one involves a polygeneration plant, and another involves an integrated biorefinery. Sensitivity analyses were performed for each case, adjusting the levels of risk tolerance in the neutrosophic environment.