IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v127y2017icp408-418.html
   My bibliography  Save this article

Methodology to analyze combined heat and power plant operation considering electricity reserve market opportunities

Author

Listed:
  • Haakana, Juha
  • Tikka, Ville
  • Lassila, Jukka
  • Partanen, Jarmo

Abstract

This paper presents a methodology to promote the operation of combined heat and power (CHP) power plant in the liberalized energy markets. The methodology considers a combination of marketplaces available to the power plant for its end products heat and electrical power, with a special reference to electricity reserve market opportunities. A result of the paper is a daily operation sequence to analyze the hourly operation in the heat and electricity markets. The proposed methodology is tested with price data of the respective energy and power markets between years 2013 and 2015.

Suggested Citation

  • Haakana, Juha & Tikka, Ville & Lassila, Jukka & Partanen, Jarmo, 2017. "Methodology to analyze combined heat and power plant operation considering electricity reserve market opportunities," Energy, Elsevier, vol. 127(C), pages 408-418.
    • Handle: RePEc:eee:energy:v:127:y:2017:i:c:p:408-418
    DOI: 10.1016/j.energy.2017.03.134
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544217305273
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2017.03.134?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Münster, Marie & Morthorst, Poul Erik & Larsen, Helge V. & Bregnbæk, Lars & Werling, Jesper & Lindboe, Hans Henrik & Ravn, Hans, 2012. "The role of district heating in the future Danish energy system," Energy, Elsevier, vol. 48(1), pages 47-55.
    2. Gadd, Henrik & Werner, Sven, 2013. "Daily heat load variations in Swedish district heating systems," Applied Energy, Elsevier, vol. 106(C), pages 47-55.
    3. Lund, Henrik, 2007. "Renewable energy strategies for sustainable development," Energy, Elsevier, vol. 32(6), pages 912-919.
    4. Tooraj Jamasb and Michael Pollitt, 2005. "Electricity Market Reform in the European Union: Review of Progress toward Liberalization & Integration," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 11-42.
    5. Alanne, Kari & Saari, Arto, 2004. "Sustainable small-scale CHP technologies for buildings: the basis for multi-perspective decision-making," Renewable and Sustainable Energy Reviews, Elsevier, vol. 8(5), pages 401-431, October.
    6. Rinne, S. & Syri, S., 2015. "The possibilities of combined heat and power production balancing large amounts of wind power in Finland," Energy, Elsevier, vol. 82(C), pages 1034-1046.
    7. Zakeri, Behnam & Syri, Sanna & Rinne, Samuli, 2015. "Higher renewable energy integration into the existing energy system of Finland – Is there any maximum limit?," Energy, Elsevier, vol. 92(P3), pages 244-259.
    8. Chen, Min & Lund, Henrik & Rosendahl, Lasse A. & Condra, Thomas J., 2010. "Energy efficiency analysis and impact evaluation of the application of thermoelectric power cycle to today's CHP systems," Applied Energy, Elsevier, vol. 87(4), pages 1231-1238, April.
    9. Streckiene, Giedre & Martinaitis, Vytautas & Andersen, Anders N. & Katz, Jonas, 2009. "Feasibility of CHP-plants with thermal stores in the German spot market," Applied Energy, Elsevier, vol. 86(11), pages 2308-2316, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Noussan, Michel & Jarre, Matteo & Roberto, Roberta & Russolillo, Daniele, 2018. "Combined vs separate heat and power production – Primary energy comparison in high renewable share contexts," Applied Energy, Elsevier, vol. 213(C), pages 1-10.
    2. Beiron, Johanna & Montañés, Rubén M. & Normann, Fredrik & Johnsson, Filip, 2020. "Combined heat and power operational modes for increased product flexibility in a waste incineration plant," Energy, Elsevier, vol. 202(C).
    3. Takeshita, Takuma & Aki, Hirohisa & Kawajiri, Kotaro & Ishida, Masayoshi, 2021. "Assessment of utilization of combined heat and power systems to provide grid flexibility alongside variable renewable energy systems," Energy, Elsevier, vol. 214(C).
    4. Chen, Yue & Wei, Wei & Liu, Feng & Shafie-khah, Miadreza & Mei, Shengwei & Catalão, João P.S., 2018. "Optimal contracts of energy mix in a retail market under asymmetric information," Energy, Elsevier, vol. 165(PB), pages 634-650.
    5. Pastore, Lorenzo Mario & Lo Basso, Gianluigi & de Santoli, Livio, 2022. "Can the renewable energy share increase in electricity and gas grids takes out the competitiveness of gas-driven CHP plants for distributed generation?," Energy, Elsevier, vol. 256(C).
    6. Gao, Shuang & Jurasz, Jakub & Li, Hailong & Corsetti, Edoardo & Yan, Jinyue, 2022. "Potential benefits from participating in day-ahead and regulation markets for CHPs," Applied Energy, Elsevier, vol. 306(PA).
    7. Azad-Farsani, Ehsan, 2017. "Loss minimization in distribution systems based on LMP calculation using honey bee mating optimization and point estimate method," Energy, Elsevier, vol. 140(P1), pages 1-9.
    8. Furtwängler, Christian & Weber, Christoph, 2019. "Spot and reserve market equilibria and the influence of new reserve market participants," Energy Economics, Elsevier, vol. 81(C), pages 408-421.
    9. Yang, Cheng & Huang, Zhifeng & Ma, Xiaoqian, 2018. "Comparative study on off-design characteristics of CHP based on GTCC under alternative operating strategy for gas turbine," Energy, Elsevier, vol. 145(C), pages 823-838.
    10. Boldrini, A. & Jiménez Navarro, J.P. & Crijns-Graus, W.H.J. & van den Broek, M.A., 2022. "The role of district heating systems to provide balancing services in the European Union," Renewable and Sustainable Energy Reviews, Elsevier, vol. 154(C).
    11. Tang, Hong & Wang, Shengwei & Li, Hangxin, 2021. "Flexibility categorization, sources, capabilities and technologies for energy-flexible and grid-responsive buildings: State-of-the-art and future perspective," Energy, Elsevier, vol. 219(C).
    12. Li, Yang & Wang, Jinlong & Zhao, Dongbo & Li, Guoqing & Chen, Chen, 2018. "A two-stage approach for combined heat and power economic emission dispatch: Combining multi-objective optimization with integrated decision making," Energy, Elsevier, vol. 162(C), pages 237-254.
    13. Gao, Jianwei & Ma, Zeyang & Guo, Fengjia, 2019. "The influence of demand response on wind-integrated power system considering participation of the demand side," Energy, Elsevier, vol. 178(C), pages 723-738.
    14. Javanshir, Nima & Syri, Sanna & Tervo, Seela & Rosin, Argo, 2023. "Operation of district heat network in electricity and balancing markets with the power-to-heat sector coupling," Energy, Elsevier, vol. 266(C).
    15. Wang, Jiawei & You, Shi & Zong, Yi & Træholt, Chresten & Dong, Zhao Yang & Zhou, You, 2019. "Flexibility of combined heat and power plants: A review of technologies and operation strategies," Applied Energy, Elsevier, vol. 252(C), pages 1-1.
    16. Wang, Jiawei & You, Shi & Zong, Yi & Cai, Hanmin & Træholt, Chresten & Dong, Zhao Yang, 2019. "Investigation of real-time flexibility of combined heat and power plants in district heating applications," Applied Energy, Elsevier, vol. 237(C), pages 196-209.
    17. Tan, Jin & Wu, Qiuwei & Zhang, Menglin & Wei, Wei & Liu, Feng & Pan, Bo, 2021. "Chance-constrained energy and multi-type reserves scheduling exploiting flexibility from combined power and heat units and heat pumps," Energy, Elsevier, vol. 233(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Østergaard, P.A. & Lund, H. & Thellufsen, J.Z. & Sorknæs, P. & Mathiesen, B.V., 2022. "Review and validation of EnergyPLAN," Renewable and Sustainable Energy Reviews, Elsevier, vol. 168(C).
    2. Hast, Aira & Rinne, Samuli & Syri, Sanna & Kiviluoma, Juha, 2017. "The role of heat storages in facilitating the adaptation of district heating systems to large amount of variable renewable electricity," Energy, Elsevier, vol. 137(C), pages 775-788.
    3. Gao, Datong & Zhao, Bin & Kwan, Trevor Hocksun & Hao, Yong & Pei, Gang, 2022. "The spatial and temporal mismatch phenomenon in solar space heating applications: status and solutions," Applied Energy, Elsevier, vol. 321(C).
    4. Olkkonen, Ville & Hirvonen, Janne & Heljo, Juhani & Syri, Sanna, 2021. "Effectiveness of building stock sustainability measures in a low-carbon energy system: A scenario analysis for Finland until 2050," Energy, Elsevier, vol. 235(C).
    5. Mitridati, Lesia & Kazempour, Jalal & Pinson, Pierre, 2021. "Design and game-Theoretic analysis of community-Based market mechanisms in heat and electricity systems," Omega, Elsevier, vol. 99(C).
    6. Melanie Werner & Sebastian Muschik & Mathias Ehrenwirth & Christoph Trinkl & Tobias Schrag, 2022. "Sector Coupling Potential of a District Heating Network by Consideration of Residual Load and CO 2 Emissions," Energies, MDPI, vol. 15(17), pages 1-18, August.
    7. Grujić, Miodrag & Ivezić, Dejan & Živković, Marija, 2014. "Application of multi-criteria decision-making model for choice of the optimal solution for meeting heat demand in the centralized supply system in Belgrade," Energy, Elsevier, vol. 67(C), pages 341-350.
    8. Guelpa, Elisa & Verda, Vittorio, 2019. "Thermal energy storage in district heating and cooling systems: A review," Applied Energy, Elsevier, vol. 252(C), pages 1-1.
    9. Truong, Nguyen Le & Gustavsson, Leif, 2014. "Cost and primary energy efficiency of small-scale district heating systems," Applied Energy, Elsevier, vol. 130(C), pages 419-427.
    10. Connolly, D. & Lund, H. & Mathiesen, B.V. & Leahy, M., 2010. "A review of computer tools for analysing the integration of renewable energy into various energy systems," Applied Energy, Elsevier, vol. 87(4), pages 1059-1082, April.
    11. Dominković, D.F. & Weinand, J.M. & Scheller, F. & D'Andrea, M. & McKenna, R., 2022. "Reviewing two decades of energy system analysis with bibliometrics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    12. Zhao, X.L. & Fu, L. & Zhang, S.G. & Jiang, Y. & Li, H., 2010. "Performance improvement of a 70 kWe natural gas combined heat and power (CHP) system," Energy, Elsevier, vol. 35(4), pages 1848-1853.
    13. Fragaki, Aikaterini & Andersen, Anders N., 2011. "Conditions for aggregation of CHP plants in the UK electricity market and exploration of plant size," Applied Energy, Elsevier, vol. 88(11), pages 3930-3940.
    14. Sorknæs, Peter & Lund, Henrik & Andersen, Anders N., 2015. "Future power market and sustainable energy solutions – The treatment of uncertainties in the daily operation of combined heat and power plants," Applied Energy, Elsevier, vol. 144(C), pages 129-138.
    15. Franki, Vladimir & Višković, Alfredo, 2015. "Energy security, policy and technology in South East Europe: Presenting and applying an energy security index to Croatia," Energy, Elsevier, vol. 90(P1), pages 494-507.
    16. Lund, Peter D. & Lindgren, Juuso & Mikkola, Jani & Salpakari, Jyri, 2015. "Review of energy system flexibility measures to enable high levels of variable renewable electricity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 785-807.
    17. Fragaki, Aikaterini & Andersen, Anders N. & Toke, David, 2008. "Exploration of economical sizing of gas engine and thermal store for combined heat and power plants in the UK," Energy, Elsevier, vol. 33(11), pages 1659-1670.
    18. Hong, Lixuan & Zhou, Nan & Fridley, David & Raczkowski, Chris, 2013. "Assessment of China's renewable energy contribution during the 12th Five Year Plan," Energy Policy, Elsevier, vol. 62(C), pages 1533-1543.
    19. Child, Michael & Breyer, Christian, 2016. "Vision and initial feasibility analysis of a recarbonised Finnish energy system for 2050," Renewable and Sustainable Energy Reviews, Elsevier, vol. 66(C), pages 517-536.
    20. Schweiger, Gerald & Rantzer, Jonatan & Ericsson, Karin & Lauenburg, Patrick, 2017. "The potential of power-to-heat in Swedish district heating systems," Energy, Elsevier, vol. 137(C), pages 661-669.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:127:y:2017:i:c:p:408-418. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.