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Optimization model of a thermal-solar-wind power planning considering economic and social benefits

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  • Wei, Yongmei
  • Ye, Qi
  • Ding, Yihong
  • Ai, Bingjun
  • Tan, Qinliang
  • Song, Wenda

Abstract

At present, vigorously developing wind power, photovoltaic and other renewable energy has become one of the effective ways to deal with carbon dioxide emissions and energy supply and demand gap. Bringing renewable energy into the optimal configuration of power supply structure and reducing carbon emissions at the root will help promote the construction of clean, low-carbon, safe and efficient modern energy system. Therefore, starting from the theory of low-carbon economy, based on the traditional power planning model, this paper considers various uncertainties, introduces social welfare theory, and proposes the optimization scheme of thermal-solar-wind power system. The model is then applied to Southern Xinjiang supporting power project to study the investment behavior of low-carbon power, and the optimal low-carbon power decision-making behavior considering social benefits based on welfare is obtained. The results show that the proposed optimal configuration scheme of hybrid power can achieve the equilibrium between economic and social benefits, improve energy utilization efficiency and provide decision-making reference for policy makers.

Suggested Citation

  • Wei, Yongmei & Ye, Qi & Ding, Yihong & Ai, Bingjun & Tan, Qinliang & Song, Wenda, 2021. "Optimization model of a thermal-solar-wind power planning considering economic and social benefits," Energy, Elsevier, vol. 222(C).
    • Handle: RePEc:eee:energy:v:222:y:2021:i:c:s0360544221000013
    DOI: 10.1016/j.energy.2021.119752
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    Cited by:

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    2. Krumm, Alexandra & Süsser, Diana & Blechinger, Philipp, 2022. "Modelling social aspects of the energy transition: What is the current representation of social factors in energy models?," Energy, Elsevier, vol. 239(PA).
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    4. Ding, Yihong & Tan, Qinliang & Shan, Zijing & Han, Jian & Zhang, Yimei, 2023. "A two-stage dispatching optimization strategy for hybrid renewable energy system with low-carbon and sustainability in ancillary service market," Renewable Energy, Elsevier, vol. 207(C), pages 647-659.
    5. Zhao, Xin & Zheng, Wenyu & Hou, Zhihua & Chen, Heng & Xu, Gang & Liu, Wenyi & Chen, Honggang, 2022. "Economic dispatch of multi-energy system considering seasonal variation based on hybrid operation strategy," Energy, Elsevier, vol. 238(PA).
    6. Lu Gan & Dirong Xu & Xiuyun Chen & Pengyan Jiang & Benjamin Lev & Zongmin Li, 2023. "Sustainable portfolio re-equilibrium on wind-solar-hydro system: An integrated optimization with combined meta-heuristic," Energy & Environment, , vol. 34(5), pages 1383-1408, August.

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