Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
6680090 | Applied Energy | 2018 | 20 Pages |
Abstract
In this paper, we study the impact of centralized energy storage and rooftop photovoltaics on the design and operation of a natural-gas powered Combined Heat and Power (CHP) plant as an integrated utility supplier for a residential neighborhood operating in island mode. Utilizing a novel simultaneous optimization approach for the plant design and operating strategy, the CHP plant is optimized to meet a time-dependent energy demand profile characteristic of residential energy use. This multi-scale optimization problem is solved using a tailored bilevel decomposition method. The results reveal the most economic energy storage method, while highlighting the need to decrease the cost of rooftop photovoltaic panels.
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Authors
Abigail D. Ondeck, Thomas F. Edgar, Michael Baldea,