IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v280y2020ics0306261920313659.html
   My bibliography  Save this article

Capacity and energy sharing platform with hybrid energy storage system: An example of hospitality industry

Author

Listed:
  • Sun, Lingling
  • Qiu, Jing
  • Han, Xiao
  • Yin, Xia
  • Dong, Zhao Yang

Abstract

There is already a large amount of energy storage system (ESS) and demand response potential in the power, heat and gas system, which can be used to promote a cost-effective transition to low-carbon and renewable energy. This paper proposes an energy sharing platform to effectively integrate power, thermal and gas systems of different sizes to balance the fluctuation of renewable energy and improve the system reliability. In a potential application in the hospitality industry, hotels can jointly share and rent ESS. This sharing platform uses a hybrid energy storage system (HESS), comprising BESS and thermal energy storage system (TESS). Unlike BESS, TESS is cost-effective and can be provided by hot water tanks as short-term energy storage. The capacity and energy sharing method of the hybrid BESS and TESS system is provided, including the detailed rental model of HESS in the operation economy. Moreover, the coupled energy supply chain is also considered, the combined utilization of thermal, gas and electricity sharing is achieved. The proposed model is evaluated on the IEEE 18-bus system with the real historical data in Australian energy market, and the cost-benefit analysis is also provided.

Suggested Citation

  • Sun, Lingling & Qiu, Jing & Han, Xiao & Yin, Xia & Dong, Zhao Yang, 2020. "Capacity and energy sharing platform with hybrid energy storage system: An example of hospitality industry," Applied Energy, Elsevier, vol. 280(C).
  • Handle: RePEc:eee:appene:v:280:y:2020:i:c:s0306261920313659
    DOI: 10.1016/j.apenergy.2020.115897
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306261920313659
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.apenergy.2020.115897?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kirby, Brendan & Kueck, John & Laughner, Theo & Morris, Keith, 2008. "Spinning Reserve from Hotel Load Response," The Electricity Journal, Elsevier, vol. 21(10), pages 59-66, December.
    2. Zhou, Yue & Wu, Jianzhong & Long, Chao, 2018. "Evaluation of peer-to-peer energy sharing mechanisms based on a multiagent simulation framework," Applied Energy, Elsevier, vol. 222(C), pages 993-1022.
    3. Long, Chao & Wu, Jianzhong & Zhou, Yue & Jenkins, Nick, 2018. "Peer-to-peer energy sharing through a two-stage aggregated battery control in a community Microgrid," Applied Energy, Elsevier, vol. 226(C), pages 261-276.
    4. Wang, Jianxiao & Zhong, Haiwang & Wu, Chenye & Du, Ershun & Xia, Qing & Kang, Chongqing, 2019. "Incentivizing distributed energy resource aggregation in energy and capacity markets: An energy sharing scheme and mechanism design," Applied Energy, Elsevier, vol. 252(C), pages 1-1.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xu, Jiuping & Liu, Liying & Wang, Fengjuan, 2022. "Equilibrium strategy-based economic-reliable approach for day-ahead scheduling towards solar-wind-gas hybrid power generation system: A case study from China," Energy, Elsevier, vol. 240(C).
    2. Walker, Awnalisa & Kwon, Soongeol, 2021. "Design of structured control policy for shared energy storage in residential community: A stochastic optimization approach," Applied Energy, Elsevier, vol. 298(C).
    3. Qiu, Rui & Zhang, Haoran & Wang, Guotao & Liang, Yongtu & Yan, Jinyue, 2023. "Green hydrogen-based energy storage service via power-to-gas technologies integrated with multi-energy microgrid," Applied Energy, Elsevier, vol. 350(C).
    4. Gustavo Navarro & Jorge Torres & Marcos Blanco & Jorge Nájera & Miguel Santos-Herran & Marcos Lafoz, 2021. "Present and Future of Supercapacitor Technology Applied to Powertrains, Renewable Generation and Grid Connection Applications," Energies, MDPI, vol. 14(11), pages 1-29, May.
    5. Cao, Wenzhi & Xiao, Jiang-Wen & Cui, Shi-Chang & Liu, Xiao-Kang, 2022. "An efficient and economical storage and energy sharing model for multiple multi-energy microgrids," Energy, Elsevier, vol. 244(PB).
    6. Joel Alpízar-Castillo & Laura Ramirez-Elizondo & Pavol Bauer, 2022. "Assessing the Role of Energy Storage in Multiple Energy Carriers toward Providing Ancillary Services: A Review," Energies, MDPI, vol. 16(1), pages 1-31, December.
    7. Ye, Lin & Jin, Yifei & Wang, Kaifeng & Chen, Wei & Wang, Fei & Dai, Binhua, 2023. "A multi-area intra-day dispatch strategy for power systems under high share of renewable energy with power support capacity assessment," Applied Energy, Elsevier, vol. 351(C).
    8. Maria Symeonidou & Agis M. Papadopoulos, 2022. "Selection and Dimensioning of Energy Storage Systems for Standalone Communities: A Review," Energies, MDPI, vol. 15(22), pages 1-28, November.
    9. Kim, Icksung & Kim, Woohyun, 2023. "Application of market-based control with thermal energy storage system for demand limiting and real-time pricing control," Energy, Elsevier, vol. 263(PA).
    10. Dong, Haiyan & Fu, Yanbo & Jia, Qingquan & Zhang, Tie & Meng, Dequn, 2023. "Low carbon optimization of integrated energy microgrid based on life cycle analysis method and multi time scale energy storage," Renewable Energy, Elsevier, vol. 206(C), pages 60-71.
    11. Yi Yan & Xuerui Wang & Ke Li & Xiaopeng Kang & Weizheng Kong & Hongcai Dai, 2022. "Tri-Level Integrated Optimization Design Method of a CCHP Microgrid with Composite Energy Storage," Sustainability, MDPI, vol. 14(9), pages 1-29, April.
    12. Dong, Haiyan & Fu, Yanbo & Jia, Qingquan & Wen, Xiangyun, 2022. "Optimal dispatch of integrated energy microgrid considering hybrid structured electric-thermal energy storage," Renewable Energy, Elsevier, vol. 199(C), pages 628-639.
    13. Kang, Hyuna & Jung, Seunghoon & Lee, Minhyun & Hong, Taehoon, 2022. "How to better share energy towards a carbon-neutral city? A review on application strategies of battery energy storage system in city," Renewable and Sustainable Energy Reviews, Elsevier, vol. 157(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Azim, M. Imran & Tushar, Wayes & Saha, Tapan K. & Yuen, Chau & Smith, David, 2022. "Peer-to-peer kilowatt and negawatt trading: A review of challenges and recent advances in distribution networks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 169(C).
    2. Zhou, Yuekuan & Lund, Peter D., 2023. "Peer-to-peer energy sharing and trading of renewable energy in smart communities ─ trading pricing models, decision-making and agent-based collaboration," Renewable Energy, Elsevier, vol. 207(C), pages 177-193.
    3. Lyu, Cheng & Jia, Youwei & Xu, Zhao, 2021. "Fully decentralized peer-to-peer energy sharing framework for smart buildings with local battery system and aggregated electric vehicles," Applied Energy, Elsevier, vol. 299(C).
    4. João Mello & Cristina de Lorenzo & Fco. Alberto Campos & José Villar, 2023. "Pricing and Simulating Energy Transactions in Energy Communities," Energies, MDPI, vol. 16(4), pages 1-22, February.
    5. Wang, Zibo & Yu, Xiaodan & Mu, Yunfei & Jia, Hongjie, 2020. "A distributed Peer-to-Peer energy transaction method for diversified prosumers in Urban Community Microgrid System," Applied Energy, Elsevier, vol. 260(C).
    6. Davarzani, Sima & Pisica, Ioana & Taylor, Gareth A. & Munisami, Kevin J., 2021. "Residential Demand Response Strategies and Applications in Active Distribution Network Management," Renewable and Sustainable Energy Reviews, Elsevier, vol. 138(C).
    7. Esmat, Ayman & de Vos, Martijn & Ghiassi-Farrokhfal, Yashar & Palensky, Peter & Epema, Dick, 2021. "A novel decentralized platform for peer-to-peer energy trading market with blockchain technology," Applied Energy, Elsevier, vol. 282(PA).
    8. Capper, Timothy & Gorbatcheva, Anna & Mustafa, Mustafa A. & Bahloul, Mohamed & Schwidtal, Jan Marc & Chitchyan, Ruzanna & Andoni, Merlinda & Robu, Valentin & Montakhabi, Mehdi & Scott, Ian J. & Franci, 2022. "Peer-to-peer, community self-consumption, and transactive energy: A systematic literature review of local energy market models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 162(C).
    9. Ge, Shaoyun & Li, Jifeng & He, Xingtang & Liu, Hong, 2021. "Joint energy market design for local integrated energy system service procurement considering demand flexibility," Applied Energy, Elsevier, vol. 297(C).
    10. Siripha Junlakarn & Phimsupha Kokchang & Kulyos Audomvongseree, 2022. "Drivers and Challenges of Peer-to-Peer Energy Trading Development in Thailand," Energies, MDPI, vol. 15(3), pages 1-25, February.
    11. Rodrigues, Daniel L. & Ye, Xianming & Xia, Xiaohua & Zhu, Bing, 2020. "Battery energy storage sizing optimisation for different ownership structures in a peer-to-peer energy sharing community," Applied Energy, Elsevier, vol. 262(C).
    12. Filipe Bandeiras & Álvaro Gomes & Mário Gomes & Paulo Coelho, 2023. "Exploring Energy Trading Markets in Smart Grid and Microgrid Systems and Their Implications for Sustainability in Smart Cities," Energies, MDPI, vol. 16(2), pages 1-41, January.
    13. El-Baz, Wessam & Tzscheutschler, Peter & Wagner, Ulrich, 2019. "Integration of energy markets in microgrids: A double-sided auction with device-oriented bidding strategies," Applied Energy, Elsevier, vol. 241(C), pages 625-639.
    14. Zhang, Bidan & Du, Yang & Chen, Xiaoyang & Lim, Eng Gee & Jiang, Lin & Yan, Ke, 2022. "A novel adaptive penalty mechanism for Peer-to-Peer energy trading," Applied Energy, Elsevier, vol. 327(C).
    15. Zhou, Yue & Wu, Jianzhong & Song, Guanyu & Long, Chao, 2020. "Framework design and optimal bidding strategy for ancillary service provision from a peer-to-peer energy trading community," Applied Energy, Elsevier, vol. 278(C).
    16. Lee, Won-Poong & Han, Dongjun & Won, Dongjun, 2022. "Grid-Oriented Coordination Strategy of Prosumers Using Game-theoretic Peer-to-Peer Trading Framework in Energy Community," Applied Energy, Elsevier, vol. 326(C).
    17. Lüth, Alexandra & Zepter, Jan Martin & Crespo del Granado, Pedro & Egging, Ruud, 2018. "Local electricity market designs for peer-to-peer trading: The role of battery flexibility," Applied Energy, Elsevier, vol. 229(C), pages 1233-1243.
    18. Meena, Nand K. & Yang, Jin & Zacharis, Evan, 2019. "Optimisation framework for the design and operation of open-market urban and remote community microgrids," Applied Energy, Elsevier, vol. 252(C), pages 1-1.
    19. Schwidtal, J.M. & Piccini, P. & Troncia, M. & Chitchyan, R. & Montakhabi, M. & Francis, C. & Gorbatcheva, A. & Capper, T. & Mustafa, M.A. & Andoni, M. & Robu, V. & Bahloul, M. & Scott, I.J. & Mbavarir, 2023. "Emerging business models in local energy markets: A systematic review of peer-to-peer, community self-consumption, and transactive energy models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 179(C).
    20. Chen, Lin & Wang, Jianxiao & Wu, Zhaoyuan & Li, Gengyin & Zhou, Ming & Li, Peng & Zhang, Yihan, 2021. "Communication reliability-restricted energy sharing strategy in active distribution networks," Applied Energy, Elsevier, vol. 282(PB).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:280:y:2020:i:c:s0306261920313659. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.