Article ID Journal Published Year Pages File Type
6680090 Applied Energy 2018 20 Pages PDF
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.
Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
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