Operational planning for Integrated Energy System with carbon flow and trading scheme towards emission reduction

Yunqi Wang, Jing Qiu, Xiao Han, Lingling Sun, Hengrong Zhang, Yuan Ma

Research output: Chapter in Book/Report/Conference proceedingConference PaperResearch

Abstract

The operational planning for Integrated Energy System (IES) with different energy carriers provides a new perspective of synergies towards a low-carbon society. Existing carbon trading scheme promotes this process via finical incentives. However, as customers are the underlying driver of emission. Planning with accurate carbon tracing and
demand response would improve the effectiveness of
decarbonization. Meanwhile, customers would be
encouraged to participate with extra environmental profits
rather than passive price takers, under the double taxation
principle. Therefore, a forward cycle can be established to
reduce carbon emission. This paper proposes an operation
planning model for IES to study the influence of demand
response to emission mitigation and system dispatch in both energy market and carbon trading market. The proposed model is tested on an IES system involving a modified IEEE 24-bus electricity network and a modified 20-bus natural gas network. Based on the simulation result, the proposed model is effective to achieve emission mitigation.
Original languageEnglish
Title of host publication2020 MIT A+B Applied Energy Symposium
EditorsJu Li, Michael J. Aziz, Jerry Yan
Place of PublicationBoston MA USA
PublisherHarvard University Press
Number of pages6
Publication statusPublished - 2020
Externally publishedYes
EventApplied Energy Symposium 2020 - Boston, United States of America
Duration: 12 Aug 202014 Sept 2020
https://applied-energy.org/mitab2020/ (Website)
https://applied-energy.org/mitab2020/MIT%20A+B%202020%20Program.pdf (Proceedings)

Conference

ConferenceApplied Energy Symposium 2020
Abbreviated titleMIT A+B (MITAB)
Country/TerritoryUnited States of America
CityBoston
Period12/08/2014/09/20
Internet address

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