IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v218y2023ics0960148123012272.html
   My bibliography  Save this article

Low-carbon dispatch of multi-district integrated energy systems considering carbon emission trading and green certificate trading

Author

Listed:
  • Liu, Dewen
  • Luo, Zhao
  • Qin, Jinghui
  • Wang, Hua
  • Wang, Gang
  • Li, Zhao
  • Zhao, Weijie
  • Shen, Xin

Abstract

In the context of energy interconnection and low-carbon power, the integrated energy system (IES) has become an important method for multiple energy coordination as well as energy conservation and emission reduction. To further facilitate the low-carbon development of IES, this paper proposes a multi-district integrated energy systems scheduling model considering the carbon emission trading (CET) mechanism and green certificate trading (GCT) mechanism. First, we analyze the feasibility of introducing the carbon-green certificate trading mechanism into IES and establish a carbon-green certificate joint trading market framework, in which the combinatorial double auction (CDA) mechanism is employed to bid for green certificates to determine the best transaction price of green certificates. Second, a heating network, natural gas network and optimization model as well as related constraints of the IES are established. Finally, we analyze the different impacts of CETs, GCTs and changes in natural gas prices on system operating costs. Case studies demonstrate the effectiveness of proposed model.

Suggested Citation

  • Liu, Dewen & Luo, Zhao & Qin, Jinghui & Wang, Hua & Wang, Gang & Li, Zhao & Zhao, Weijie & Shen, Xin, 2023. "Low-carbon dispatch of multi-district integrated energy systems considering carbon emission trading and green certificate trading," Renewable Energy, Elsevier, vol. 218(C).
    • Handle: RePEc:eee:renene:v:218:y:2023:i:c:s0960148123012272
    DOI: 10.1016/j.renene.2023.119312
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148123012272
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.renene.2023.119312?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. Vicki Duscha & Alexandra Denishchenkova & Jakob Wachsmuth, 2019. "Achievability of the Paris Agreement targets in the EU: demand-side reduction potentials in a carbon budget perspective," Climate Policy, Taylor & Francis Journals, vol. 19(2), pages 161-174, February.
    2. Morthorst, P. E., 2000. "The development of a green certificate market," Energy Policy, Elsevier, vol. 28(15), pages 1085-1094, December.
    3. Sun, Qingkai & Wang, Xiaojun & Liu, Zhao & Mirsaeidi, Sohrab & He, Jinghan & Pei, Wei, 2022. "Multi-agent energy management optimization for integrated energy systems under the energy and carbon co-trading market," Applied Energy, Elsevier, vol. 324(C).
    4. Ma, Ning & Fan, Lurong, 2023. "Double recovery strategy of carbon for coal-to-power based on a multi-energy system with tradable green certificates," Energy, Elsevier, vol. 273(C).
    5. Zhang, Xinyue & Guo, Xiaopeng & Zhang, Xingping, 2023. "Assessing the policy synergy among power, carbon emissions trading and tradable green certificate market mechanisms on strategic GENCOs in China," Energy, Elsevier, vol. 278(PB).
    6. Jin, Xiaolong & Mu, Yunfei & Jia, Hongjie & Wu, Jianzhong & Xu, Xiandong & Yu, Xiaodan, 2016. "Optimal day-ahead scheduling of integrated urban energy systems," Applied Energy, Elsevier, vol. 180(C), pages 1-13.
    7. Yang, Shenbo & Tan, Zhongfu & Lin, Hongyu & Li, Peng & De, Gejirifu & Zhou, Feng’ao & Ju, Liwei, 2020. "A two-stage optimization model for Park Integrated Energy System operation and benefit allocation considering the effect of Time-Of-Use energy price," Energy, Elsevier, vol. 195(C).
    8. Lyu, Xiangmei & Liu, Tianqi & Liu, Xuan & He, Chuan & Nan, Lu & Zeng, Hong, 2023. "Low-carbon robust economic dispatch of park-level integrated energy system considering price-based demand response and vehicle-to-grid," Energy, Elsevier, vol. 263(PB).
    9. Mu, Chenlu & Ding, Tao & Qu, Ming & Zhou, Quan & Li, Fangxing & Shahidehpour, Mohammad, 2020. "Decentralized optimization operation for the multiple integrated energy systems with energy cascade utilization," Applied Energy, Elsevier, vol. 280(C).
    10. Fan, Wei & Ju, Liwei & Tan, Zhongfu & Li, Xiangguang & Zhang, Amin & Li, Xudong & Wang, Yueping, 2023. "Two-stage distributionally robust optimization model of integrated energy system group considering energy sharing and carbon transfer," Applied Energy, Elsevier, vol. 331(C).
    11. Conrado Borraz-Sánchez & Russell Bent & Scott Backhaus & Hassan Hijazi & Pascal Van Hentenryck, 2016. "Convex Relaxations for Gas Expansion Planning," INFORMS Journal on Computing, INFORMS, vol. 28(4), pages 645-656, November.
    12. Tan, Jinjing & Pan, Weiqi & Li, Yang & Hu, Haoming & Zhang, Can, 2023. "Energy-sharing operation strategy of multi-district integrated energy systems considering carbon and renewable energy certificate trading," Applied Energy, Elsevier, vol. 339(C).
    13. Wang, Rutian & Wen, Xiangyun & Wang, Xiuyun & Fu, Yanbo & Zhang, Yu, 2022. "Low carbon optimal operation of integrated energy system based on carbon capture technology, LCA carbon emissions and ladder-type carbon trading," Applied Energy, Elsevier, vol. 311(C).
    14. Ma, Yiming & Wang, Haixin & Hong, Feng & Yang, Junyou & Chen, Zhe & Cui, Haoqian & Feng, Jiawei, 2021. "Modeling and optimization of combined heat and power with power-to-gas and carbon capture system in integrated energy system," Energy, Elsevier, vol. 236(C).
    15. Panwar, N.L. & Kaushik, S.C. & Kothari, Surendra, 2011. "Role of renewable energy sources in environmental protection: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(3), pages 1513-1524, April.
    16. Huang, Yujing & Wang, Yudong & Liu, Nian, 2022. "Low-carbon economic dispatch and energy sharing method of multiple Integrated Energy Systems from the perspective of System of Systems," Energy, Elsevier, vol. 244(PA).
    17. Li, Na & Hakvoort, Rudi A. & Lukszo, Zofia, 2021. "Cost allocation in integrated community energy systems - A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 144(C).
    18. Zhu, Jizhong & Dong, Hanjiang & Zheng, Weiye & Li, Shenglin & Huang, Yanting & Xi, Lei, 2022. "Review and prospect of data-driven techniques for load forecasting in integrated energy systems," Applied Energy, Elsevier, vol. 321(C).
    19. Song, Xiaoling & Wang, Yudong & Zhang, Zhe & Shen, Charles & Peña-Mora, Feniosky, 2021. "Economic-environmental equilibrium-based bi-level dispatch strategy towards integrated electricity and natural gas systems," Applied Energy, Elsevier, vol. 281(C).
    20. Raheli, Enrica & Wu, Qiuwei & Zhang, Menglin & Wen, Changyun, 2021. "Optimal coordinated operation of integrated natural gas and electric power systems: A review of modeling and solution methods," Renewable and Sustainable Energy Reviews, Elsevier, vol. 145(C).
    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. Ju, Liwei & Lv, ShuoShuo & Zhang, Zheyu & Li, Gen & Gan, Wei & Fang, Jiangpeng, 2024. "Data-driven two-stage robust optimization dispatching model and benefit allocation strategy for a novel virtual power plant considering carbon-green certificate equivalence conversion mechanism," Applied Energy, Elsevier, vol. 362(C).
    2. Zhang, Yue & Wu, Qiong & Ren, Hongbo & Li, Qifen & Zhou, Weisheng, 2024. "Optimal operation of multi-microgrid systems considering multi-level energy-certificate-carbon coupling trading," Renewable Energy, Elsevier, vol. 227(C).
    3. Hou, Hui & Ge, Xiangdi & Yan, Yulin & Lu, Yanchao & Zhang, Ji & Dong, Zhao Yang, 2024. "An integrated energy system “green-carbon” offset mechanism and optimization method with Stackelberg game," Energy, Elsevier, vol. 294(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. Xu, Jing & Wang, Xiaoying & Gu, Yujiong & Ma, Suxia, 2023. "A data-based day-ahead scheduling optimization approach for regional integrated energy systems with varying operating conditions," Energy, Elsevier, vol. 283(C).
    2. Zhang, Yue & Wu, Qiong & Ren, Hongbo & Li, Qifen & Zhou, Weisheng, 2024. "Optimal operation of multi-microgrid systems considering multi-level energy-certificate-carbon coupling trading," Renewable Energy, Elsevier, vol. 227(C).
    3. Tiwari, Shubham & Singh, Jai Govind & Garg, Ankit, 2024. "A static robust energy management approach for modelling low emission multi-vectored energy hub including emission markets and power-to-gas units," Energy, Elsevier, vol. 294(C).
    4. Huang, Shangjiu & Lu, Hao & Chen, Maozhi & Zhao, Wenjun, 2023. "Integrated energy system scheduling considering the correlation of uncertainties," Energy, Elsevier, vol. 283(C).
    5. Liu, Tianhao & Tian, Jun & Zhu, Hongyu & Goh, Hui Hwang & Liu, Hui & Wu, Thomas & Zhang, Dongdong, 2023. "Key technologies and developments of multi-energy system: Three-layer framework, modelling and optimisation," Energy, Elsevier, vol. 277(C).
    6. Zhang, Kaoshe & Gao, Congchong & Zhang, Gang & Xie, Tuo & Li, Hua, 2024. "Electricity and heat sharing strategy of regional comprehensive energy multi-microgrid based on double-layer game," Energy, Elsevier, vol. 293(C).
    7. Maurer, Jona & Tschuch, Nicolai & Krebs, Stefan & Bhattacharya, Kankar & Cañizares, Claudio & Hohmann, Sören, 2023. "Toward transactive control of coupled electric power and district heating networks," Applied Energy, Elsevier, vol. 332(C).
    8. Zhang, Xinyue & Guo, Xiaopeng & Zhang, Xingping, 2023. "Assessing the policy synergy among power, carbon emissions trading and tradable green certificate market mechanisms on strategic GENCOs in China," Energy, Elsevier, vol. 278(PB).
    9. Zhu, Jizhong & Dong, Hanjiang & Zheng, Weiye & Li, Shenglin & Huang, Yanting & Xi, Lei, 2022. "Review and prospect of data-driven techniques for load forecasting in integrated energy systems," Applied Energy, Elsevier, vol. 321(C).
    10. Xu, Jiazhu & Yi, Yuqin, 2023. "Multi-microgrid low-carbon economy operation strategy considering both source and load uncertainty: A Nash bargaining approach," Energy, Elsevier, vol. 263(PB).
    11. Ankang Miao & Yue Yuan & Yi Huang & Han Wu & Chao Feng, 2023. "Stochastic Optimization Model of Capacity Configuration for Integrated Energy Production System Considering Source-Load Uncertainty," Sustainability, MDPI, vol. 15(19), pages 1-22, September.
    12. Yun, Yunyun & Zhang, Dahai & Yang, Shengchun & Li, Yaping & Yan, Jiahao, 2023. "Low-carbon optimal dispatch of integrated energy system considering the operation of oxy-fuel combustion coupled with power-to-gas and hydrogen-doped gas equipment," Energy, Elsevier, vol. 283(C).
    13. Shi, Zhengkun & Yang, Yongbiao & Xu, Qingshan & Wu, Chenyu & Hua, Kui, 2023. "A low-carbon economic dispatch for integrated energy systems with CCUS considering multi-time-scale allocation of carbon allowance," Applied Energy, Elsevier, vol. 351(C).
    14. Ma, Xin & Peng, Bo & Ma, Xiangxue & Tian, Changbin & Yan, Yi, 2023. "Multi-timescale optimization scheduling of regional integrated energy system based on source-load joint forecasting," Energy, Elsevier, vol. 283(C).
    15. Zhang, Jinliang & Liu, Ziyi, 2024. "Low carbon economic scheduling model for a park integrated energy system considering integrated demand response, ladder-type carbon trading and fine utilization of hydrogen," Energy, Elsevier, vol. 290(C).
    16. Hu, Junjie & Wang, Yudong & Dong, Lei, 2024. "Low carbon-oriented planning of shared energy storage station for multiple integrated energy systems considering energy-carbon flow and carbon emission reduction," Energy, Elsevier, vol. 290(C).
    17. Fan, Guozhu & Peng, Chunhua & Wang, Xuekui & Wu, Peng & Yang, Yifan & Sun, Huijuan, 2024. "Optimal scheduling of integrated energy system considering renewable energy uncertainties based on distributionally robust adaptive MPC," Renewable Energy, Elsevier, vol. 226(C).
    18. Wang, Yuwei & Song, Minghao & Jia, Mengyao & Shi, Lin & Li, Bingkang, 2023. "TimeGAN based distributionally robust optimization for biomass-photovoltaic-hydrogen scheduling under source-load-market uncertainties," Energy, Elsevier, vol. 284(C).
    19. Elsir, Mohamed & Al-Sumaiti, Ameena Saad & El Moursi, Mohamed Shawky, 2024. "Towards energy transition: A novel day-ahead operation scheduling strategy for demand response and hybrid energy storage systems in smart grid," Energy, Elsevier, vol. 293(C).
    20. Hou, Hui & Ge, Xiangdi & Yan, Yulin & Lu, Yanchao & Zhang, Ji & Dong, Zhao Yang, 2024. "An integrated energy system “green-carbon” offset mechanism and optimization method with Stackelberg game," Energy, Elsevier, vol. 294(C).

    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:renene:v:218:y:2023:i:c:s0960148123012272. 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/renewable-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.