IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i2p1011-d1026320.html
   My bibliography  Save this article

Bi-Objective Optimization and Emergy Analysis of Multi-Distributed Energy System Considering Shared Energy Storage

Author

Listed:
  • Zhaonian Ye

    (School of Mechanical Engineering, Beijing Institute of Technology, Beijing 100083, China)

  • Yongzhen Wang

    (School of Mechanical Engineering, Beijing Institute of Technology, Beijing 100083, China
    Innovation Center in Chongqing, Beijing Institute of Technology, Chongqing 401120, China)

  • Kai Han

    (School of Mechanical Engineering, Beijing Institute of Technology, Beijing 100083, China
    Innovation Center in Chongqing, Beijing Institute of Technology, Chongqing 401120, China)

  • Changlu Zhao

    (School of Mechanical Engineering, Beijing Institute of Technology, Beijing 100083, China)

  • Juntao Han

    (School of Mechanical Engineering, Beijing Institute of Technology, Beijing 100083, China)

  • Yilin Zhu

    (Institute of Engineering Thermophysics, Chinese Academy of Sciences, Beijing 100190, China)

Abstract

Shared energy storage (SES) provides a solution for breaking the poor techno-economic performance of independent energy storage used in renewable energy networks. This paper proposes a multi-distributed energy system (MDES) driven by several heterogeneous energy sources considering SES, where bi-objective optimization and emergy analysis methods are used for the system’s optimal capacity planning and operating scheduling considering economic, environmental, and sustainable performances, and Nash bargaining is adopted for the reasonable distribution of benefits of MDES. Then, an energy system composed of four different DESs (distributed energy system) considering one Shared Energy Storage Operator (SESO) is taken as an example for further study, namely one to four shared energy storage multi-energy systems, where MDES with and without SESO are compared. The results reveal that the operation cost of MDES considering SESO and Nash bargaining is reduced by 3.03%, while all the distributed energy systems have lower operating costs, and SESO has an additional income of $142.4/day. Correspondingly, the emergy yield ratio, emergy sustainability index, and emergy investment ratio of the corresponding system increase by 5.15%, 3.83%, and 9.94%, respectively, wherein the environmental load rate increases by 1.67% because of the greater consumption reduction of renewable resources than that of non-renewable resources under the premise of reduced emergy consumption.

Suggested Citation

  • Zhaonian Ye & Yongzhen Wang & Kai Han & Changlu Zhao & Juntao Han & Yilin Zhu, 2023. "Bi-Objective Optimization and Emergy Analysis of Multi-Distributed Energy System Considering Shared Energy Storage," Sustainability, MDPI, vol. 15(2), pages 1-23, January.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:2:p:1011-:d:1026320
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/2/1011/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/15/2/1011/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bo Shang & Taotao Jiang & Zheshi Bao, 2022. "A Study on Inter-Regional Cooperation Patterns and Evolution Mechanism of Traditional and Renewable Energy Sources," Sustainability, MDPI, vol. 14(23), pages 1-23, November.
    2. Lombardi, P. & Schwabe, F., 2017. "Sharing economy as a new business model for energy storage systems," Applied Energy, Elsevier, vol. 188(C), pages 485-496.
    3. Walker, Awnalisa & Kwon, Soongeol, 2021. "Analysis on impact of shared energy storage in residential community: Individual versus shared energy storage," Applied Energy, Elsevier, vol. 282(PA).
    4. Wang, Yongli & Wang, Yudong & Huang, Yujing & Li, Fang & Zeng, Ming & Li, Jiapu & Wang, Xiaohai & Zhang, Fuwei, 2019. "Planning and operation method of the regional integrated energy system considering economy and environment," Energy, Elsevier, vol. 171(C), pages 731-750.
    5. Ma, Mingtao & Huang, Huijun & Song, Xiaoling & Peña-Mora, Feniosky & Zhang, Zhe & Chen, Jie, 2022. "Optimal sizing and operations of shared energy storage systems in distribution networks: A bi-level programming approach," Applied Energy, Elsevier, vol. 307(C).
    6. Hao Yu & Xiaojuan Yang & Honglin Chen & Suhua Lou & Yong Lin, 2022. "Energy Storage Capacity Planning Method for Improving Offshore Wind Power Consumption," Sustainability, MDPI, vol. 14(21), pages 1-15, November.
    7. Zhao, Ning & You, Fengqi, 2020. "Can renewable generation, energy storage and energy efficient technologies enable carbon neutral energy transition?," Applied Energy, Elsevier, vol. 279(C).
    8. Walker, Awnalisa & Kwon, Soongeol, 2021. "Design of structured control policy for shared energy storage in residential community: A stochastic optimization approach," Applied Energy, Elsevier, vol. 298(C).
    9. Jing, Rui & Xie, Mei Na & Wang, Feng Xiang & Chen, Long Xiang, 2020. "Fair P2P energy trading between residential and commercial multi-energy systems enabling integrated demand-side management," Applied Energy, Elsevier, vol. 262(C).
    10. Guelpa, Elisa & Sciacovelli, Adriano & Verda, Vittorio, 2013. "Entropy generation analysis for the design improvement of a latent heat storage system," Energy, Elsevier, vol. 53(C), pages 128-138.
    11. Zhang, Wenyi & Wei, Wei & Chen, Laijun & Zheng, Boshen & Mei, Shengwei, 2020. "Service pricing and load dispatch of residential shared energy storage unit," Energy, Elsevier, vol. 202(C).
    12. Zhang, Chenghua & Wu, Jianzhong & Zhou, Yue & Cheng, Meng & Long, Chao, 2018. "Peer-to-Peer energy trading in a Microgrid," Applied Energy, Elsevier, vol. 220(C), pages 1-12.
    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. Cosgrove, Paul & Roulstone, Tony & Zachary, Stan, 2023. "Intermittency and periodicity in net-zero renewable energy systems with storage," Renewable Energy, Elsevier, vol. 212(C), pages 299-307.
    2. Wang, Yongzhen & Zhang, Lanlan & Song, Yi & Han, Kai & Zhang, Yan & Zhu, Yilin & Kang, Ligai, 2024. "State-of-the-art review on evaluation indicators of integrated intelligent energy from different perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 189(PA).

    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. Zheng, Boshen & Wei, Wei & Chen, Yue & Wu, Qiuwei & Mei, Shengwei, 2022. "A peer-to-peer energy trading market embedded with residential shared energy storage units," Applied Energy, Elsevier, vol. 308(C).
    2. He, Ye & Wu, Hongbin & Wu, Andrew Y. & Li, Peng & Ding, Ming, 2024. "Optimized shared energy storage in a peer-to-peer energy trading market: Two-stage strategic model regards bargaining and evolutionary game theory," Renewable Energy, Elsevier, vol. 224(C).
    3. Shi, Mengshu & Huang, Yuansheng & Lin, Hongyu, 2023. "Research on power to hydrogen optimization and profit distribution of microgrid cluster considering shared hydrogen storage," Energy, Elsevier, vol. 264(C).
    4. Chen, Yujia & Pei, Wei & Ma, Tengfei & Xiao, Hao, 2023. "Asymmetric Nash bargaining model for peer-to-peer energy transactions combined with shared energy storage," Energy, Elsevier, vol. 278(PB).
    5. Li, Qi & Xiao, Xukang & Pu, Yuchen & Luo, Shuyu & Liu, Hong & Chen, Weirong, 2023. "Hierarchical optimal scheduling method for regional integrated energy systems considering electricity-hydrogen shared energy," Applied Energy, Elsevier, vol. 349(C).
    6. Bian, Yifan & Xie, Lirong & Ye, Jiahao & Ma, Lan, 2024. "A new shared energy storage business model for data center clusters considering energy storage degradation," Renewable Energy, Elsevier, vol. 225(C).
    7. Jiahao Chen & Bing Sun & Yuan Zeng & Ruipeng Jing & Shimeng Dong & Jingran Wang, 2023. "An Optimal Scheduling Method of Shared Energy Storage System Considering Distribution Network Operation Risk," Energies, MDPI, vol. 16(5), pages 1-24, March.
    8. Bian, Yifan & Xie, Lirong & Ye, Jiahao & Ma, Lan & Cui, Chuanshi, 2024. "Peer-to-peer energy sharing model considering multi-objective optimal allocation of shared energy storage in a multi-microgrid system," Energy, Elsevier, vol. 288(C).
    9. Weiqiang Qiu & Sheng Zhou & Yang Yang & Xiaoying Lv & Ting Lv & Yuge Chen & Ying Huang & Kunming Zhang & Hongfei Yu & Yunchu Wang & Yuanqian Ma & Zhenzhi Lin, 2023. "Application Prospect, Development Status and Key Technologies of Shared Energy Storage toward Renewable Energy Accommodation Scenario in the Context of China," Energies, MDPI, vol. 16(2), pages 1-21, January.
    10. Gao, Jianwei & Wang, Yaping & Huang, Ningbo & Wei, Lingli & Zhang, Zixuan, 2022. "Optimal site selection study of wind-photovoltaic-shared energy storage power stations based on GIS and multi-criteria decision making: A two-stage framework," Renewable Energy, Elsevier, vol. 201(P1), pages 1139-1162.
    11. Wang, Juan & Zheng, Junjun & Yu, Liukai & Goh, Mark & Tang, Yunying & Huang, Yongchao, 2023. "Distributed Reputation-Distance iterative auction system for Peer-To-Peer power trading," Applied Energy, Elsevier, vol. 345(C).
    12. Zare, Amir & Mehdinejad, Mehdi & Abedi, Mehrdad, 2024. "Designing a decentralized peer-to-peer energy market for an active distribution network considering loss and transaction fee allocation, and fairness," Applied Energy, Elsevier, vol. 358(C).
    13. García-Muñoz, Fernando & Dávila, Sebastián & Quezada, Franco, 2023. "A Benders decomposition approach for solving a two-stage local energy market problem under uncertainty," Applied Energy, Elsevier, vol. 329(C).
    14. Soto, Esteban A. & Bosman, Lisa B. & Wollega, Ebisa & Leon-Salas, Walter D., 2021. "Peer-to-peer energy trading: A review of the literature," Applied Energy, Elsevier, vol. 283(C).
    15. Zhang, Shixu & Li, Yaowang & Du, Ershun & Fan, Chuan & Wu, Zhenlong & Yao, Yong & Liu, Lurao & Zhang, Ning, 2023. "A review and outlook on cloud energy storage: An aggregated and shared utilizing method of energy storage system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 185(C).
    16. Wang, Yongzhen & Zhang, Lanlan & Song, Yi & Han, Kai & Zhang, Yan & Zhu, Yilin & Kang, Ligai, 2024. "State-of-the-art review on evaluation indicators of integrated intelligent energy from different perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 189(PA).
    17. Zhang, Wen-Yi & Zheng, Boshen & Wei, Wei & Chen, Laijun & Mei, Shengwei, 2022. "Peer-to-peer transactive mechanism for residential shared energy storage," Energy, Elsevier, vol. 246(C).
    18. Zhao, Xudong & Wang, Yibo & Liu, Chuang & Cai, Guowei & Ge, Weichun & Wang, Bowen & Wang, Dongzhe & Shang, Jingru & Zhao, Yiru, 2024. "Two-stage day-ahead and intra-day scheduling considering electric arc furnace control and wind power modal decomposition," Energy, Elsevier, vol. 302(C).
    19. Capper, Timothy & Gorbatcheva, Anna & Mustafa, Mustafa A. & Bahloul, Mohamed & Schwidtal, Jan Marc & Chitchyan, Ruzanna & Andoni, Merlinda & Robu, Valentin & Montakhabi, Mehdi & Scott, Ian J. & Franci, 2022. "Peer-to-peer, community self-consumption, and transactive energy: A systematic literature review of local energy market models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 162(C).
    20. Wu, Qiong & Xie, Zhun & Ren, Hongbo & Li, Qifen & Yang, Yongwen, 2022. "Optimal trading strategies for multi-energy microgrid cluster considering demand response under different trading modes: A comparison study," Energy, Elsevier, vol. 254(PC).

    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:gam:jsusta:v:15:y:2023:i:2:p:1011-:d:1026320. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.