Multi-market, multi-entity two-tier trading optimization study for integrated energy systems

Yongli Wang; Yumeng Qin; Yiran Liu; Tianyi Feng; Tongwei Yu; Zhenhong Yan; Tong Wang

doi:10.1117/12.2680417

31 May 2023 Multi-market, multi-entity two-tier trading optimization study for integrated energy systems

Yongli Wang, Yumeng Qin, Yiran Liu, Tianyi Feng, Tongwei Yu, Zhenhong Yan, Tong Wang

Proceedings Volume 12704, Eighth International Symposium on Advances in Electrical, Electronics, and Computer Engineering (ISAEECE 2023); 127041W (2023) https://doi.org/10.1117/12.2680417
Event: 8th International Symposium on Advances in Electrical, Electronics and Computer Engineering (ISAEECE 2023), 2023, Hangzhou, China

Abstract

In order to cope with the risks of energy supply equipment in integrated energy systems (IES) and reduce costs at the same time, this paper conducts a study on the optimization of multi-market-multi-objective two-tier transactions in integrated energy systems. The IES multi-objective optimization model is developed by considering the operating cost, risk value and bilateral transaction cost as the optimization objectives, and considering various constraints such as electricity and natural gas. The results of the analysis show that the model can better balance the safety and economy of system operation.

Citation Download Citation

Yongli Wang, Yumeng Qin, Yiran Liu, Tianyi Feng, Tongwei Yu, Zhenhong Yan, and Tong Wang "Multi-market, multi-entity two-tier trading optimization study for integrated energy systems", Proc. SPIE 12704, Eighth International Symposium on Advances in Electrical, Electronics, and Computer Engineering (ISAEECE 2023), 127041W (31 May 2023); https://doi.org/10.1117/12.2680417

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