IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v15y2022i22p8414-d968961.html
   My bibliography  Save this article

Comprehensive Benefit Evaluation of Hybrid Pumped-Storage Power Stations Based on Improved Rank Correlation-Entropy Weight Method

Author

Listed:
  • Yudong Tan

    (Hunan Key Laboratory of Energy Internet Supply and Demand Operation, Economic and Technical Research Institute of State Grid Hunan Electric Power Co., Changsha 410004, China)

  • Guosheng Xie

    (State Grid Hunan Electric Power Co., Changsha 410004, China)

  • Yunhao Xiao

    (School of Electrical and Electronic Engineering, Huazhong University of Science and Technology, Wuhan 410004, China)

  • Yi Luo

    (School of Electrical and Electronic Engineering, Huazhong University of Science and Technology, Wuhan 410004, China)

  • Xintao Xie

    (State Grid Hunan Electric Power Co., Changsha 410004, China)

  • Ming Wen

    (Hunan Key Laboratory of Energy Internet Supply and Demand Operation, Economic and Technical Research Institute of State Grid Hunan Electric Power Co., Changsha 410004, China)

Abstract

Over the past decade, the growth of new power plants has become a trend, with new energy stations growing particularly fast. In order to solve the problem of electricity consumption, the development of hybrid pumped storage based on hydropower stations has become a focus, so it is necessary to evaluate and analyze its technical and economic characteristics. Based on the characteristics of pumped-storage power stations, this paper proposes a comprehensive benefit evaluation model for the functional, financial, and environmental benefits. The model uses the fuzzy Delphi method to improve the rank correlation analysis method and introduces the entropy weighting method, calculating the comprehensive weight of indicators by the subjective and objective combination weighting method. The fuzzy comprehensive evaluation method is used to establish a comprehensive evaluation model and calculate the comprehensive benefit evaluation grade of hybrid pumped-storage power plants. Finally, the practicality and validity of the evaluation model are verified through case studies, and the technical and economic characteristics and superiority of the hybrid pumped-storage power plants are analyzed based on the evaluation results.

Suggested Citation

  • Yudong Tan & Guosheng Xie & Yunhao Xiao & Yi Luo & Xintao Xie & Ming Wen, 2022. "Comprehensive Benefit Evaluation of Hybrid Pumped-Storage Power Stations Based on Improved Rank Correlation-Entropy Weight Method," Energies, MDPI, vol. 15(22), pages 1-17, November.
  • Handle: RePEc:gam:jeners:v:15:y:2022:i:22:p:8414-:d:968961
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/15/22/8414/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/15/22/8414/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Siraj Sabihuddin & Aristides E. Kiprakis & Markus Mueller, 2014. "A Numerical and Graphical Review of Energy Storage Technologies," Energies, MDPI, vol. 8(1), pages 1-45, December.
    2. Rui Meng & Lirong Zhang & Hongkuan Zang & Shichao Jin, 2021. "Evaluation of Environmental and Economic Integrated Benefits of Photovoltaic Poverty Alleviation Technology in the Sanjiangyuan Region of Qinghai Province," Sustainability, MDPI, vol. 13(23), pages 1-19, November.
    3. Hujun Wang & Xiaodong Shen & Junyong Liu, 2022. "Planning of New Distribution Network Considering Green Power Certificate Trading and Carbon Emissions Trading," Energies, MDPI, vol. 15(7), pages 1-22, March.
    4. Haoran Zhao & Sen Guo & Huiru Zhao, 2018. "Comprehensive Performance Assessment on Various Battery Energy Storage Systems," Energies, MDPI, vol. 11(10), pages 1-26, October.
    5. Xiaohan Guo & Yong Li & Shaoyang Wang & Yijia Cao & Mingmin Zhang & Yicheng Zhou & Nakanishi Yosuke, 2021. "A Comprehensive Weight-Based Severity Evaluation Method of Voltage Sag in Distribution Networks," Energies, MDPI, vol. 14(19), pages 1-13, October.
    6. Shunkun Yu & Yuqing Song, 2022. "Organizational Performance Evaluation of Coal-Fired Power Enterprises Using a Hybrid Model," Energies, MDPI, vol. 15(9), pages 1-18, April.
    7. Huijia Yang & Weiguang Fan & Guangyu Qin & Zhenyu Zhao, 2021. "A Fuzzy-ANP Approach for Comprehensive Benefit Evaluation of Grid-Side Commercial Storage Project," Energies, MDPI, vol. 14(4), pages 1-17, February.
    8. Ming, Zeng & Kun, Zhang & Daoxin, Liu, 2013. "Overall review of pumped-hydro energy storage in China: Status quo, operation mechanism and policy barriers," Renewable and Sustainable Energy Reviews, Elsevier, vol. 17(C), pages 35-43.
    9. Eklas Hossain & Hossain Mansur Resalat Faruque & Md. Samiul Haque Sunny & Naeem Mohammad & Nafiu Nawar, 2020. "A Comprehensive Review on Energy Storage Systems: Types, Comparison, Current Scenario, Applications, Barriers, and Potential Solutions, Policies, and Future Prospects," Energies, MDPI, vol. 13(14), pages 1-127, July.
    10. Xuan Zhou & Chen Chen & Jiankang Chen & Yanling Li & Xiang Lu & Junru Li & Yongfei Wang, 2021. "Evaluation Method of Synergy Degree for Comprehensive Benefits System of Hydropower Projects," Sustainability, MDPI, vol. 13(19), pages 1-12, September.
    11. Zhixian Wang & Ying Wang & Qia Ding & Chen Wang & Kaifeng Zhang, 2020. "Energy Storage Economic Analysis of Multi-Application Scenarios in an Electricity Market: A Case Study of China," Sustainability, MDPI, vol. 12(20), pages 1-17, October.
    12. Peipei You & Sijia Liu & Sen Guo, 2021. "A Hybrid Novel Fuzzy MCDM Method for Comprehensive Performance Evaluation of Pumped Storage Power Station in China," Mathematics, MDPI, vol. 10(1), pages 1-25, December.
    13. Xiaolong Yang & Yan Li & Dongxiao Niu & Lijie Sun, 2019. "Research on the Economic Benefit Evaluation of Combined Heat and Power (CHP) Technical Renovation Projects Based on the Improved Factor Analysis and Incremental Method in China," Sustainability, MDPI, vol. 11(19), pages 1-23, September.
    14. Alexander Kies & Bruno U. Schyska & Lueder Von Bremen, 2016. "Curtailment in a Highly Renewable Power System and Its Effect on Capacity Factors," Energies, MDPI, vol. 9(7), pages 1-18, June.
    15. Farihan Mohamad & Jiashen Teh, 2018. "Impacts of Energy Storage System on Power System Reliability: A Systematic Review," Energies, MDPI, vol. 11(7), pages 1-23, July.
    16. Paolo Sospiro & Leonardo Nibbi & Marco Ciro Liscio & Maurizio De Lucia, 2021. "Cost–Benefit Analysis of Pumped Hydroelectricity Storage Investment in China," Energies, MDPI, vol. 14(24), pages 1-20, December.
    17. Xianxian Pan & Hong Liu & Jiajia Huan & Yu Sui & Haifeng Hong, 2020. "Allocation Model of Carbon Emission Permits for the Electric Power Industry with a Combination Subjective and Objective Weighting Approach," Energies, MDPI, vol. 13(3), pages 1-12, February.
    18. Huizheng Ji & Dongxiao Niu & Meiqiong Wu & Duoduo Yao, 2017. "Comprehensive Benefit Evaluation of the Wind-PV-ES and Transmission Hybrid Power System Consideration of System Functionality and Proportionality," Sustainability, MDPI, vol. 9(1), pages 1-17, January.
    19. Lazar Šćekić & Saša Mujović & Vladan Radulović, 2020. "Pumped Hydroelectric Energy Storage as a Facilitator of Renewable Energy in Liberalized Electricity Market," Energies, MDPI, vol. 13(22), pages 1-18, November.
    Full references (including those not matched with items on IDEAS)

    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. Gulam Smdani & Muhammad Remanul Islam & Ahmad Naim Ahmad Yahaya & Sairul Izwan Bin Safie, 2023. "Performance Evaluation Of Advanced Energy Storage Systems: A Review," Energy & Environment, , vol. 34(4), pages 1094-1141, June.
    2. Bartosz Radomski & Tomasz Mróz, 2023. "Application of the Hybrid MCDM Method for Energy Modernisation of an Existing Public Building—A Case Study," Energies, MDPI, vol. 16(8), pages 1-18, April.
    3. Papadakis C. Nikolaos & Fafalakis Marios & Katsaprakakis Dimitris, 2023. "A Review of Pumped Hydro Storage Systems," Energies, MDPI, vol. 16(11), pages 1-39, June.
    4. Hossein Yousefi & Saheb Ghanbari Motlagh & Mohammad Montazeri, 2022. "Multi-Criteria Decision-Making System for Wind Farm Site-Selection Using Geographic Information System (GIS): Case Study of Semnan Province, Iran," Sustainability, MDPI, vol. 14(13), pages 1-27, June.
    5. Mohammed Ifkirne & Houssam El Bouhi & Siham Acharki & Quoc Bao Pham & Abdelouahed Farah & Nguyen Thi Thuy Linh, 2022. "Multi-Criteria GIS-Based Analysis for Mapping Suitable Sites for Onshore Wind Farms in Southeast France," Land, MDPI, vol. 11(10), pages 1-26, October.
    6. Yongli Wang & Xiangyi Zhou & Hao Liu & Xichang Chen & Zixin Yan & Dexin Li & Chang Liu & Jiarui Wang, 2023. "Evaluation of the Maturity of Urban Energy Internet Development Based on AHP-Entropy Weight Method and Improved TOPSIS," Energies, MDPI, vol. 16(13), pages 1-18, July.
    7. Yao Ahoutou & Adrian Ilinca & Mohamad Issa, 2022. "Electrochemical Cells and Storage Technologies to Increase Renewable Energy Share in Cold Climate Conditions—A Critical Assessment," Energies, MDPI, vol. 15(4), pages 1-30, February.
    8. Vasileios Kitsikoudis & Pierre Archambeau & Benjamin Dewals & Estanislao Pujades & Philippe Orban & Alain Dassargues & Michel Pirotton & Sebastien Erpicum, 2020. "Underground Pumped-Storage Hydropower (UPSH) at the Martelange Mine (Belgium): Underground Reservoir Hydraulics," Energies, MDPI, vol. 13(14), pages 1-16, July.
    9. Vaziri Rad, Mohammad Amin & Kasaeian, Alibakhsh & Niu, Xiaofeng & Zhang, Kai & Mahian, Omid, 2023. "Excess electricity problem in off-grid hybrid renewable energy systems: A comprehensive review from challenges to prevalent solutions," Renewable Energy, Elsevier, vol. 212(C), pages 538-560.
    10. Nor Liza Tumeran & Siti Hajar Yusoff & Teddy Surya Gunawan & Mohd Shahrin Abu Hanifah & Suriza Ahmad Zabidi & Bernardi Pranggono & Muhammad Sharir Fathullah Mohd Yunus & Siti Nadiah Mohd Sapihie & Asm, 2023. "Model Predictive Control Based Energy Management System Literature Assessment for RES Integration," Energies, MDPI, vol. 16(8), pages 1-27, April.
    11. Jurasz, Jakub & Dąbek, Paweł B. & Kaźmierczak, Bartosz & Kies, Alexander & Wdowikowski, Marcin, 2018. "Large scale complementary solar and wind energy sources coupled with pumped-storage hydroelectricity for Lower Silesia (Poland)," Energy, Elsevier, vol. 161(C), pages 183-192.
    12. Pierro, Marco & Perez, Richard & Perez, Marc & Prina, Matteo Giacomo & Moser, David & Cornaro, Cristina, 2021. "Italian protocol for massive solar integration: From solar imbalance regulation to firm 24/365 solar generation," Renewable Energy, Elsevier, vol. 169(C), pages 425-436.
    13. Liu, Shuai & Wei, Li & Wang, Huai, 2020. "Review on reliability of supercapacitors in energy storage applications," Applied Energy, Elsevier, vol. 278(C).
    14. Wesseh, Presley K. & Benjamin, Nelson I. & Lin, Boqiang, 2022. "The coordination of pumped hydro storage, electric vehicles, and climate policy in imperfect electricity markets: Insights from China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 160(C).
    15. Ziqi Liu & Tingting Su & Zhiying Quan & Quanli Wu & Yu Wang, 2023. "Review on the Optimal Configuration of Distributed Energy Storage," Energies, MDPI, vol. 16(14), pages 1-17, July.
    16. Xiaofeng Gao & Hegao Wu & Dan Fu, 2022. "Effect of Temporary Internal Water Pressure on Structural Performance of Spiral Case Structure in Pumped-Storage Power Plants," Energies, MDPI, vol. 15(7), pages 1-16, March.
    17. Lei Chen & Hongkun Chen & Jun Yang & Yanjuan Yu & Kaiwei Zhen & Yang Liu & Li Ren, 2017. "Coordinated Control of Superconducting Fault Current Limiter and Superconducting Magnetic Energy Storage for Transient Performance Enhancement of Grid-Connected Photovoltaic Generation System," Energies, MDPI, vol. 10(1), pages 1-23, January.
    18. Ming, Zeng & Kun, Zhang & Jun, Dong, 2013. "Overall review of China's wind power industry: Status quo, existing problems and perspective for future development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 379-386.
    19. Jiashen Teh, 2018. "Adequacy Assessment of Wind Integrated Generating Systems Incorporating Demand Response and Battery Energy Storage System," Energies, MDPI, vol. 11(10), pages 1-12, October.
    20. Candra Saigustia & Sylwester Robak, 2021. "Review of Potential Energy Storage in Abandoned Mines in Poland," Energies, MDPI, vol. 14(19), pages 1-16, October.

    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:gam:jeners:v:15:y:2022:i:22:p:8414-:d:968961. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.