Maximizing the sustainability net present value of renewable energy supply networks

Zore, Žan; Čuček, Lidija; Širovnik, D.; Pintarič, Zorka Novak; Kravanja, Zdravko

doi:10.1016/j.cherd.2018.01.035

Cited by 47 publications

(13 citation statements)

References 91 publications

(97 reference statements)

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“…Agricultural activities are associated with a number of environmental impacts and risks [102]-including business risks of varying prices and regulatory uncertainties, as well as environmental impacts and risks such as unforeseen emissions when the activities are conducted inappropriately. Such issues can be tackled by comprehensive optimisation methods-such as the maximisation of Sustainability Net Present Value [103].…”

Section: Recent Developmentsmentioning

confidence: 99%

Towards Efficient and Clean Process Integration: Utilisation of Renewable Resources and Energy-Saving Technologies

et al. 2019

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The strong demand for sustainable energy supplies had escalated the discovery, and intensive research into cleaner energy sources, as well as efficient energy management practices. In the context of the circular economy, the efforts target not only the optimisation of resource utilisation at various stages, but the products’ eco-design is also emphasized to extend their life spans. Based on the concept of comprehensive circular integration, this review discusses the roles of Process Integration approaches, renewable energy sources utilisation and design modifications in addressing the process of energy and exergy efficiency improvement. The primary focus is to enhance the economic and environmental performance through process analysis, modelling and optimisation. The paper is categorised into sections to show the contribution of each aspect clearly, namely: (a) Design and numerical study for innovative energy-efficient technologies; (b) Process Integration—heat and power; (c) Process energy efficiency or emissions analysis; (d) Optimisation of renewable energy resources supply chain. Each section is assessed based on the latest contribution of this journal’s Special Issue from the 21st conference on Process Integration, Modelling and Optimisation for Energy Saving and Pollution Reduction (PRES 2018). The key results are highlighted and summarised within the broader context of the state of the art development.

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Section: Recent Developmentsmentioning

confidence: 99%

Towards Efficient and Clean Process Integration: Utilisation of Renewable Resources and Energy-Saving Technologies

et al. 2019

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“…Centobelli et al [22] studied the energy efficiency and sustainability in a supply chain context, and proposed directions for future research. Zore et al [23] studied the impact of the sustainable net present value (SNPV) and highlighted the importance of renewable energy resource use as an important factor for achieving sustainable energy development.…”

Section: Qualitative Research On Energy Sustainabilitymentioning

confidence: 99%

Evaluating Energy Sustainability Using the Pressure-State-Response and Improved Matter-Element Extension Models: Case Study of China

2019

Sustainability

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Most existing studies on energy sustainability have focused on qualitative research. Few studies have applied quantitative methods, and there has not been a systematic review of energy sustainability. To fill this gap, this study first developed a sustainable energy evaluation index system consisting of 20 indicators across the three dimensions of economy, energy, and environment based on the pressure-state-response (PSR) model. The weights of these indicators were then determined in conjunction with the weighting method. Finally, the matter-element extension method was improved to quantify energy sustainability. The proposed method was applied to evaluate China’s energy sustainability status from 2000 to 2015. The results show that China’s status continued to improve; however, it remained at a low level. To improve China’s energy sustainability, more efforts are needed in the economic, energy, and environmental dimensions.

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“…To solve these constraints, the blockchain mechanism was adopted to ensure that the nodes in the market complete real-time, transparent and effective spot transactions in chronological order. As a result, a blockchain-based spot power market trading model was established ( Figure 5) based on the EPSDN [15][16][17][18], TOU pricing mechanism, SDTB and spot power market operation analysis. As shown in Figure 5, the blockchain-based real-time spot power transaction model for the EPSDN is about the spot power transactions between provinces A and B.…”

Section: Blockchain-based Spot Power Market Trading Modelmentioning

confidence: 99%

A Blockchain-based Spot Market Transaction Model for Energy Power Supply and Demand Network

Hu¹,

Li²,

Hu³

et al. 2019

EJEE

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The energy power supply and demand network (EPSDN) is difficult to be scheduled in a coordinated manner, due to the fluctuations in intraday power price. To solve the problem, this paper puts forward a blockchain-based spot market transaction model for the EPSDN, with the aim to enhance the intelligence, real-time performance and security of spot power market transactions. Specifically, intraday time-of-use (TOU) pricing mechanisms were introduced to minimize the negative impacts of intraday power price variation on the spot market; the leading influencing factors of spot power market were identified effectively among various factors through factor analysis; multiple purchase plans were optimized by the multi-objective search algorithm based on the particle swarm optimization (PSO), enabling the seller to optimize the purchase plan when multiple suppliers are available under the relaxation of control over direct power trading. On this basis, the real-time property of the transaction information was guaranteed through EPSDN-based information exchange. The case analysis shows that our transaction model outperformed the traditional centralized transaction model in transaction efficiency and security. The research findings shed new light on the operation of spot power market under partial decentralization.

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Maximizing the sustainability net present value of renewable energy supply networks

Cited by 47 publications

References 91 publications

Towards Efficient and Clean Process Integration: Utilisation of Renewable Resources and Energy-Saving Technologies

Towards Efficient and Clean Process Integration: Utilisation of Renewable Resources and Energy-Saving Technologies

Evaluating Energy Sustainability Using the Pressure-State-Response and Improved Matter-Element Extension Models: Case Study of China

A Blockchain-based Spot Market Transaction Model for Energy Power Supply and Demand Network

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