IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i18p11627-d916475.html
   My bibliography  Save this article

Cooperative Operation Model of Wind Turbine and Carbon Capture Power Plant Considering Benefit Distribution

Author

Listed:
  • Zhongfu Tan

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Jiacheng Yang

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Fanqi Li

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Haochen Zhao

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Xudong Li

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

Abstract

Increasing systematic carbon sinks and clean energy generation proportion are the main ways to reduce the carbon emission of power system. In order to promote wind power accommodation and reduce system carbon emissions, a cooperative operation model of wind turbine and carbon capture power plant (CCPP) is constructed. Then, the model is equivalently transformed into two sub-problems. One is the operation optimization sub-problem of cooperative alliance with the goal of maximizing the alliance benefit. The other is the benefit distribution sub-problem with the goal of fair distributing cooperative benefit. To protect participants’ privacy, the alternating direction method of multipliers (ADMM) is used to realize the distributed solution of the two sub-problems. Finally, the effectiveness of the proposed model is verified by an example, and the sensitivity analysis of the alliance benefit and system carbon emission is carried out with carbon price and carbon capture cost as the sensitivity factors. The example results show that: (1) By providing up and down regulation services to wind turbines, CCPP can obtain ancillary service income and help to reduce the declaration deviation of wind turbines, which can realize multi-win-win situation. (2) Carbon price affects both thermal power units and carbon capture equipment. So, compared with carbon costs, the carbon emissions and the alliance benefit are both more sensitive to carbon price. The model of the paper is constructed under the deviation punishment mechanism, and subsequent research can be expanded in combination with a more detailed imbalance settlement mechanism.

Suggested Citation

  • Zhongfu Tan & Jiacheng Yang & Fanqi Li & Haochen Zhao & Xudong Li, 2022. "Cooperative Operation Model of Wind Turbine and Carbon Capture Power Plant Considering Benefit Distribution," Sustainability, MDPI, vol. 14(18), pages 1-21, September.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:18:p:11627-:d:916475
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/18/11627/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/14/18/11627/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jing Wang & Liang Feng & Paul I. Palmer & Yi Liu & Shuangxi Fang & Hartmut Bösch & Christopher W. O’Dell & Xiaoping Tang & Dongxu Yang & Lixin Liu & ChaoZong Xia, 2020. "Large Chinese land carbon sink estimated from atmospheric carbon dioxide data," Nature, Nature, vol. 586(7831), pages 720-723, October.
    2. Jing Wang & Liang Feng & Paul I. Palmer & Yi Liu & Shuangxi Fang & Hartmut Bösch & Christopher W. O’Dell & Xiaoping Tang & Dongxu Yang & Lixin Liu & ChaoZong Xia, 2020. "Publisher Correction: Large Chinese land carbon sink estimated from atmospheric carbon dioxide data," Nature, Nature, vol. 588(7837), pages 19-19, December.
    3. Wu, Xiao & Wang, Meihong & Liao, Peizhi & Shen, Jiong & Li, Yiguo, 2020. "Solvent-based post-combustion CO2 capture for power plants: A critical review and perspective on dynamic modelling, system identification, process control and flexible operation," Applied Energy, Elsevier, vol. 257(C).
    4. He, Liangce & Lu, Zhigang & Zhang, Jiangfeng & Geng, Lijun & Zhao, Hao & Li, Xueping, 2018. "Low-carbon economic dispatch for electricity and natural gas systems considering carbon capture systems and power-to-gas," Applied Energy, Elsevier, vol. 224(C), pages 357-370.
    5. Poplavskaya, Ksenia & Lago, Jesus & de Vries, Laurens, 2020. "Effect of market design on strategic bidding behavior: Model-based analysis of European electricity balancing markets," Applied Energy, Elsevier, vol. 270(C).
    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. Luyi Qiu & Kunying Niu & Wei He & Yaqi Hu, 2023. "Two Contribution Paths of Carbon Neutrality: Terrestrial Ecosystem Carbon Sinks and Anthropogenic Carbon Emission Reduction—A Case of Chongqing, China," Sustainability, MDPI, vol. 15(14), pages 1-17, July.
    2. Jie Huang & Zimin Sun & Pengshu Zhong, 2022. "The Spatial Disequilibrium and Dynamic Evolution of the Net Agriculture Carbon Effect in China," Sustainability, MDPI, vol. 14(21), pages 1-18, October.
    3. Shiliang Liu & Yuhong Dong & Hua Liu & Fangfang Wang & Lu Yu, 2023. "Review of Valuation of Forest Ecosystem Services and Realization Approaches in China," Land, MDPI, vol. 12(5), pages 1-16, May.
    4. Liu, Shilei & Xia, Jun, 2021. "Forest harvesting restriction and forest restoration in China," Forest Policy and Economics, Elsevier, vol. 129(C).
    5. Pan, Xunzhang & Ma, Xueqing & Zhang, Yanru & Shao, Tianming & Peng, Tianduo & Li, Xiang & Wang, Lining & Chen, Wenying, 2023. "Implications of carbon neutrality for power sector investments and stranded coal assets in China," Energy Economics, Elsevier, vol. 121(C).
    6. Zhang, Qian & Cheng, Baodong & Diao, Gang & Tao, Chenlu & Wang, Can, 2023. "Does China's natural forest logging ban affect the stability of the timber import trade network?," Forest Policy and Economics, Elsevier, vol. 152(C).
    7. Longhui Li & Yue Zhang & Tianjun Zhou & Kaicun Wang & Can Wang & Tao Wang & Linwang Yuan & Kangxin An & Chenghu Zhou & Guonian Lü, 2022. "Mitigation of China’s carbon neutrality to global warming," Nature Communications, Nature, vol. 13(1), pages 1-7, December.
    8. Jiang, Jiatong & Hu, Bin & Wang, R.Z. & Deng, Na & Cao, Feng & Wang, Chi-Chuan, 2022. "A review and perspective on industry high-temperature heat pumps," Renewable and Sustainable Energy Reviews, Elsevier, vol. 161(C).
    9. Mengcheng Li & Haimeng Liu & Shangkun Yu & Jianshi Wang & Yi Miao & Chengxin Wang, 2022. "Estimating the Decoupling between Net Carbon Emissions and Construction Land and Its Driving Factors: Evidence from Shandong Province, China," IJERPH, MDPI, vol. 19(15), pages 1-26, July.
    10. Hui Wen & Yi Li & Zirong Li & Xiaoxue Cai & Fengxia Wang, 2022. "Spatial Differentiation of Carbon Budgets and Carbon Balance Zoning in China Based on the Land Use Perspective," Sustainability, MDPI, vol. 14(20), pages 1-20, October.
    11. Shenghang Wang & Shen Tan & Jiaming Xu, 2023. "Evaluation and Implication of the Policies towards China’s Carbon Neutrality," Sustainability, MDPI, vol. 15(8), pages 1-15, April.
    12. Ogwu Stephen Obinozie & Eze Afamefuna A. & Uzoigwe Joshua C. & Orji Anthony & Maduka Anne Chinonye & Onwe Joshua Chukwuma, 2023. "Global Warming and Atmospheric Carbon: Is Carbon Sequestration a Myth or Reality?," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 33(1), pages 28-56, March.
    13. Dongwei Liu & Shanlong Li & Weixing Zhu & Yongyang Wang & Shasha Zhang & Yunting Fang, 2023. "Storage and Stability of Soil Organic Carbon in Two Temperate Forests in Northeastern China," Land, MDPI, vol. 12(5), pages 1-14, May.
    14. Shiguang Shen & Chengcheng Wu & Zhenyu Gai & Chenjing Fan, 2023. "Analysis of the Spatiotemporal Evolution of the Net Carbon Sink Efficiency and Its Influencing Factors at the City Level in Three Major Urban Agglomerations in China," IJERPH, MDPI, vol. 20(2), pages 1-18, January.
    15. Bing Wang & Xiang Niu & Tingyu Xu, 2023. "Identifying the Full Carbon Sink of Forest Vegetation: A Case Study in the Three Northeast Provinces of China," Sustainability, MDPI, vol. 15(13), pages 1-13, June.
    16. Hongjie Sun & Benzheng Zhu & Qingqing Cao, 2023. "Future Dietary Transformation and Its Impacts on the Environment in China," Sustainability, MDPI, vol. 15(17), pages 1-14, August.
    17. Mengting Dong & Zeyuan Liu & Xiufeng Ni & Zhulin Qi & Jinnan Wang & Qingyu Zhang, 2023. "Re-Evaluating the Value of Ecosystem Based on Carbon Benefit: A Case Study in Chengdu, China," Land, MDPI, vol. 12(8), pages 1-16, August.
    18. Ding, Tao & Li, Hao & Tan, Ruipeng & Zhao, Xin, 2023. "How does geopolitical risk affect carbon emissions?: An empirical study from the perspective of mineral resources extraction in OECD countries," Resources Policy, Elsevier, vol. 85(PB).
    19. Kai Liu & Ziyi Ni & Mei Ren & Xiaoqing Zhang, 2022. "Spatial Differences and Influential Factors of Urban Carbon Emissions in China under the Target of Carbon Neutrality," IJERPH, MDPI, vol. 19(11), pages 1-14, May.
    20. Xingfan Pu & Jian Yao & Rongyue Zheng, 2022. "Forecast of Energy Consumption and Carbon Emissions in China’s Building Sector to 2060," Energies, MDPI, vol. 15(14), pages 1-20, July.

    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:jsusta:v:14:y:2022:i:18:p:11627-:d:916475. 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.