Multi-Objective Short-Term Operation of Hydro–Wind–Photovoltaic–Thermal Hybrid System Considering Power Peak Shaving, the Economy and the Environment

In recent years, renewable, clean energy options such as hydropower, wind energy and solar energy have been attracting more and more attention as high-quality alternatives to fossil fuels, due to the depletion of fossil fuels and environmental pollution. Multi-energy power systems have replaced traditional thermal power systems. However, the output of solar and wind power is highly variable, random and intermittent, making it difficult to integrate it directly into the grid. In this context, a multi-objective model for the short-term operation of wind–solar–hydro–thermal hybrid systems is developed in this paper. The model considers the stability of the system operation, the operating costs and the impact in terms of environmental pollution. To solve the model, an evolutionary cost value region search algorithm is also proposed. The algorithm is applied to a hydro–thermal hybrid system, a multi-energy hybrid system and a realistic model of the wind–solar–hydro experimental base of the Yalong River Basin in China. The experimental results demonstrate that the proposed algorithm exhibits superior performance in terms of both convergence and diversity when compared to the reference algorithm. The integration of wind and solar energy into the power system can enhance the economic efficiency and mitigate the environment impact from thermal power generation. Furthermore, the inherent unpredictability of wind and solar energy sources introduces operational inconsistencies into the system loads. Conversely, the adaptable operational capacity of hydroelectric power plants enables them to effectively mitigate peak loads, thereby enhancing the stability of the power system. The findings of this research can inform decision-making regarding the economic, ecological and stable operation of hybrid energy systems.