Two-Stage Robust Optimization of Multi-energy System Considering Integrated Demand Response

Yao, Yiming; Li, Chunyan; Xie, Kaigui; Hu, Bo; Shao, Changzheng; Zhi-chao, Yan

doi:10.1109/icpes53652.2021.9683880

Cited by 2 publications

(1 citation statement)

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“…Demand-side services are proposed to allow the building and operators to participate in the power, heat, and gas markets using energy conversion facilities. Yao et al focus on the problem of the imbalance between supply and demand and propose a model of integrated electrical, heating, natural gas, and water distribution systems for participating in demand response programs [22]. A price-based strategy is formulated for the electrical, gas, and water loads that benefits from a two-stage robust optimization technique to achieve optimal scheduling of resources.…”

Section: Related Workmentioning

confidence: 99%

Blockchain Solution for Buildings’ Multi-Energy Flexibility Trading Using Multi-Token Standards

2023

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Buildings can become a significant contributor to an energy system’s resilience if they are operated in a coordinated manner to exploit their flexibility in multi-carrier energy networks. However, research and innovation activities are focused on single-carrier optimization (i.e., electricity), aiming to achieve Zero Energy Buildings, and miss the significant flexibility that buildings may offer through multi-energy coupling. In this paper, we propose to use blockchain technology and ERC-1155 tokens to digitize the heat and electrical energy flexibility of buildings, transforming them into active flexibility assets within integrated multi-energy grids, allowing them to trade both heat and electricity within community-level marketplaces. The solution increases the level of interoperability and integration of the buildings with community multi-energy grids and brings advantages from a transactive perspective. It permits digitizing multi-carrier energy using the same token and a single transaction to transfer both types of energy, processing transaction batches between the sender and receiver addresses, and holding both fungible and non-fungible tokens in smart contracts to support energy markets’ financial payments and energy transactions’ settlement. The results show the potential of our solution to support buildings in trading heat and electricity flexibility in the same market session, increasing their interoperability with energy markets while decreasing the transactional overhead and gas consumption.

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Section: Related Workmentioning

confidence: 99%