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Optimal dispatch of coal-fired power units with carbon capture considering peak shaving and ladder-type carbon trading

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  • Yuan, Xin
  • Chen, Heng
  • Yu, Tianyang
  • Zheng, Hongxu
  • Pan, Peiyuan
  • Wang, Xiuyan
  • Bian, Jiayu
  • Yu, Zhiyong

Abstract

In the context of the low-carbon transformation of the power system, carbon markets, and carbon capture technologies have become important means to promote energy conservation and emission reduction. The rapid development of renewable energy poses a challenge to the regulation capability of the power system, and energy storage technology is currently an important means to enhance the regulation capability of the power grid. To reduce the carbon emission level of the power system, improve the system economy and the ability to consume renewable energy, this paper proposes a multi-energy complementary system (MECS) with carbon capture power plant (IFCCPP) considering ladder-type carbon trading (LCT) and energy storage. The optimal dispatch model was developed with the objective of minimizing the overall operating cost. The results indicated that the integration of IFCCPP and LCT has better economic and environmental benefits than separate applications. The integration of the two modes can reduce the total cost by 504.33 k$ and carbon emission by 39232.63 t, which verifies the rationality of integrating the two modes. The LCT produces more significant emission reduction effects due to its higher benefits when carbon emissions are lower. The traditional carbon trading mechanism reduces 4779.88 t of carbon emissions, and LCT reduces 38574.45 t.

Suggested Citation

  • Yuan, Xin & Chen, Heng & Yu, Tianyang & Zheng, Hongxu & Pan, Peiyuan & Wang, Xiuyan & Bian, Jiayu & Yu, Zhiyong, 2024. "Optimal dispatch of coal-fired power units with carbon capture considering peak shaving and ladder-type carbon trading," Energy, Elsevier, vol. 313(C).
    • Handle: RePEc:eee:energy:v:313:y:2024:i:c:s0360544224035813
    DOI: 10.1016/j.energy.2024.133803
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