2017
DOI: 10.1016/j.enconman.2017.04.074
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Stochastic optimization of energy hub operation with consideration of thermal energy market and demand response

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Cited by 241 publications
(95 citation statements)
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“…The study concludes that demand response has a similar effect to energy storage and thus demand response can be modeled as an equivalent energy storage unit. The optimal operation of integrated energy systems considering wind farms, electric heat storage systems, demand response, electricity market and thermal energy market is studied in [87]. A stochastic programming method is adopted to model the uncertainties of demands, market prices, wind speed, etc.…”
Section: Integrated Energy Systemsmentioning
confidence: 99%
“…The study concludes that demand response has a similar effect to energy storage and thus demand response can be modeled as an equivalent energy storage unit. The optimal operation of integrated energy systems considering wind farms, electric heat storage systems, demand response, electricity market and thermal energy market is studied in [87]. A stochastic programming method is adopted to model the uncertainties of demands, market prices, wind speed, etc.…”
Section: Integrated Energy Systemsmentioning
confidence: 99%
“…The convergence of information and communications technologies (ICTs) with power system engineering allows new levels of automation. DSM in this context is usually formulated as optimization problems, which may be solved by various approaches [10][11][12][13][14][15][16][17]. These approaches are also moving towards a new paradigm where the consumer is the center of the grid and goes from being a passive element that only consumes to an active element involved in the management [18].…”
Section: Introductionmentioning
confidence: 99%
“…Besides, the energy hub output side represents customers' demand, which can be a known quantity. The energy saving, low economic cost and higher energy efficiency have been presented at the same time through running whole system under optimum operation rules [6][7][8].…”
Section: Introductionmentioning
confidence: 99%