NDLI: Interval–stochastic optimisation for transactive energy management in energy hubs

Content Provider	IET Digital Library
Author	Alipour, Manijeh Abapour, Mehdi Tohidi, Sajjad
Abstract	With the growing penetration of distributed energy resources and energy hubs, the transactive energy market appears as a modern power market that facilitates coordinated operation and end-to-end energy trading. An energy hub can actively participate in the day-ahead and real-time markets for fulfilling various goals. This study proposes an interval–stochastic optimisation model based upon the transactive energy methodology for the scheduling of energy hubs in coupled electrical and thermal systems. Transactive energy technology is employed for the energy exchange management among the hub, consumers and the power grid. In the proposed model, the day-ahead stage's uncertainties are modelled by using interval optimisation to avoid stochastic programming challenges in problems with lots of uncertainties. Further, the stochastic optimisation is employed in the real-time stage as stochastic programming challenges will be conducted by updating the forecasts. By envisaging the uncertainties quiddity and the most of technical constraints of a hub, the real-life situation is created. In addition, most of linearised constraints are applied to achieve reliable outcomes in a shorter time. Numerical simulations confirm the effectiveness and applicability of the proposed model.
Starting Page	3762
Ending Page	3769
Page Count	8
ISSN	17521416
Volume Number	14
e-ISSN	17521424
Issue Number	Issue 18, Dec (2020)
Alternate Webpage(s)	https://digital-library.theiet.org/content/journals/10.1049/iet-rpg.2020.0524
Alternate Webpage(s)	https://digital-library.theiet.org/content/journals/iet-rpg/14/18
Journal	IET Renewable Power Generation
Publisher Date	2020-12-18
Access Restriction	Open
Rights Holder	© The Institution of Engineering and Technology
Subject Keyword	Coupled Electrical System Coupled Thermal System Distributed Energy Resources Energy Exchange Management Energy Hub Scheduling Energy Management System Energy Trading Interval–stochastic Optimisation Load Forecasting Numerical Analysis Numerical Simulation Optimisation Optimisation Technique Power Generation Economics Power Generation Scheduling Power Grid Power Market Power System Economics Power System Managemen Power System Operation Power System Planning And Layout Real-time Stage Statistics Stochastic Linearised SCUC Stochastic Optimisation Stochastic Programming Thermal Power Stations Thermal Power Stations And Plant Transactive Energy Management Transactive Energy Market Transactive Energy Methodology Transactive Energy Technology
Content Type	Text
Resource Type	Article
Subject	Renewable Energy, Sustainability and the Environment

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Heuristic approach for transactive energy management in active distribution systems

Stochastic risk-based flexibility scheduling for large customers with onsite solar generation

Modified interval-based generator scheduling for PFR adequacy under uncertain PV generation

Microgrid energy management: how uncertainty modelling impacts economic performance

Optimal stochastic scheduling of thermal-wind GENCOs trading in the day-ahead market including bilateral contracts with BSS

Stochastic energy investment in off-grid renewable energy hub for autonomous building

Operation strategy of energy hub for commercial buildings based on tiered temperature control

Stochastic scheduling of battery energy storage system for large-scale wind power penetration

Research on modelling and solution of stochastic SCUC under AC power flow constraints

Interval–stochastic optimisation for transactive energy management in energy hubs

Similar Documents

Heuristic approach for transactive energy management in active distribution systems

Stochastic risk-based flexibility scheduling for large customers with onsite solar generation

Modified interval-based generator scheduling for PFR adequacy under uncertain PV generation

Microgrid energy management: how uncertainty modelling impacts economic performance

Optimal stochastic scheduling of thermal-wind GENCOs trading in the day-ahead market including bilateral contracts with BSS

Stochastic energy investment in off-grid renewable energy hub for autonomous building

Operation strategy of energy hub for commercial buildings based on tiered temperature control

Stochastic scheduling of battery energy storage system for large-scale wind power penetration

Research on modelling and solution of stochastic SCUC under AC power flow constraints

Interval–stochastic optimisation for transactive energy management in energy hubs