Energy matching and trading within green building neighbourhoods based on stochastic approach considering uncertainty

Ghazimirsaeid, S; Fernando, TP; Marzband, M

Abstract

Non-dispatchable generation
resources can be installed as small scale
generation units that environmentally and
economically could be competitive with
conventional power generation. To reach this aim,
a hybrid system including several types of
non-dispatchable generation, dispatchable
generation resources incorporated with energy
storage assets can provide a sustainable necessary
electricity/thermal/water pumping power during a
green building’s daily operation. The objective of
this paper is to model a dynamic system for a
single green building considering several
generation resources for feeding of some electrical
and thermal specific load demands needed in a
sustainable way. The proposed model based on a
dynamic decision process is implemented to
manage and monitor a complex hybrid system
encompassing several generation resources and
load demands by considering various
uncertainties. In order to handle the uncertainties,
scenario generation approach is utilized. The
model is developed in The General Algebraic
Modeling System (GAMS) environment in order
to determine the optimal solution with scheduling
resources by setting up the optimal power
set-points for them. The optimization model is
applied to a case study where the produced power
is also used to supply water pumping for domestic
consumption. Furthermore, other capabilities such
as extendibility, reliability, and flexibility are
examined about the proposed approach.

Citation

Ghazimirsaeid, S., Fernando, T., & Marzband, M. (2016, September). Energy matching and trading within green building neighbourhoods based on stochastic approach considering uncertainty. Presented at 11th European Conference on Product and Process Modelling, Limassol, Cypruse

• Presentation Conference Type: Other
• Conference Name: 11th European Conference on Product and Process Modelling
• Conference Location: Limassol, Cypruse
• Start Date: Sep 7, 2016
• End Date: Sep 9, 2016
• Deposit Date: Jul 6, 2016
• Additional Information: Event Type : Conference