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Title Environmental and Economic Operation of Wind-PV-CCHP-Based Energy System Considering Risk Analysis Via Downside Risk Constraints Technique
ID_Doc 15755
Authors Tang, TQ; Ding, HJ; Nojavan, S; Jermsittiparsert, K
Title Environmental and Economic Operation of Wind-PV-CCHP-Based Energy System Considering Risk Analysis Via Downside Risk Constraints Technique
Year 2020
Published
DOI 10.1109/ACCESS.2020.3006159
Abstract Combined Cooling, Heating, and Electrical (CCHP)-based microgrids meet various energy demands at the same time. Risk analysis of such CCHP-based microgrids under environmental and economic constraints is a challenging issue. Furthermore, high penetration of various renewable energy sources in such CCHP-based microgrids clouds the issue. Thus, Downside risk constraints technique (DRCT) is employed in this paper to manage and minimize the risk associated with various uncertainties in the studied sample CCHP-based microgrid under environmental and economic constraints. The uncertainties of solar radiation, wind speed, market tariff and cooling, heating, and electrical demands are considered, and the stochastic optimization approach is used to model the mentioned uncertainties. The effect of the Real-Time Pricing rate of the Demand Response Program (RTP-DRP) has been studied in this paper. By analyzing the obtained results, it can be found that with considering DRCT, the risk-in-cost (RC) level can plunge to 0 respectively by paying 2.61% and 1.68% without and with RTP-DRP.
Author Keywords CCHP-based microgrid; downside risk constraints technique (DRCT); risk-in-cost (RC); risk analysis; CO2 emission reduction
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000554567700001
WoS Category Computer Science, Information Systems; Engineering, Electrical & Electronic; Telecommunications
Research Area Computer Science; Engineering; Telecommunications
PDF https://ieeexplore.ieee.org/ielx7/6287639/8948470/09129710.pdf
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