Regional Operation of Electricity-Hythane Integrated Energy System Considering Coupled Energy and Carbon Trading

The deepening implementation of the energy and carbon market imposes trading requirements on multiple regional integrated energy system participants, including power generation plants, industrial users, and carbon capture, utilization, and storage (CCUS) facilities. Their diverse roles in different markets strengthen the interconnections among these subsystems. On the other hand, the operation of CCUS, containing carbon capture (CS), power-to-hydrogen (P2H), and power-to-gas (P2G), results in the coupling of regional carbon reduction costs with the operation of electricity and hythane networks. In this paper, we propose a regional economic dispatching model of an integrated energy system. The markets are organized in a centralized form, and their clearing conditions are considered. CCUS is designed to inject hydrogen or natural gas into hythane networks, operating more flexibly. A generalized Nash game is applied to analyze the multiple trading equilibria of different entities. Simulations are carried out to derive a different market equilibrium regarding network scales, seasonal load shifts, and the ownership of CCUS. Simulation results in a 39-bus/20-node coupled network indicate that the regional average carbon prices fluctuate from ¥1078.82 to ¥1519.03, and the organization of independent CCUS is more preferred under the proposed market structure.

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Publication Details

Journal
Processes
Published
2024-10-14
DOI
https://doi.org/10.3390/pr12102245
Citations
4
Primary Topic
Integrated Energy Systems Optimization
Type
article
Field-Weighted Citation Impact
0.83
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article

Regional Operation of Electricity-Hythane Integrated Energy System Considering Coupled Energy and Carbon Trading

Weiya Zhang, Weijia Kong, Dong Yang, Pengfei Yu et al.
4 citations
Processes
Integrated Energy Systems Optimization
0.83
article

Regional Operation of Electricity-Hythane Integrated Energy System Considering Coupled Energy and Carbon Trading

Weiya Zhang, Weijia Kong, Dong Yang, Pengfei Yu, Wendi Wang, Shufan Wang
article en
4 citations

Abstract

The deepening implementation of the energy and carbon market imposes trading requirements on multiple regional integrated energy system participants, including power generation plants, industrial users, and carbon capture, utilization, and storage (CCUS) facilities. Their diverse roles in different markets strengthen the interconnections among these subsystems. On the other hand, the operation of CCUS, containing carbon capture (CS), power-to-hydrogen (P2H), and power-to-gas (P2G), results in the coupling of regional carbon reduction costs with the operation of electricity and hythane networks. In this paper, we propose a regional economic dispatching model of an integrated energy system. The markets are organized in a centralized form, and their clearing conditions are considered. CCUS is designed to inject hydrogen or natural gas into hythane networks, operating more flexibly. A generalized Nash game is applied to analyze the multiple trading equilibria of different entities. Simulations are carried out to derive a different market equilibrium regarding network scales, seasonal load shifts, and the ownership of CCUS. Simulation results in a 39-bus/20-node coupled network indicate that the regional average carbon prices fluctuate from ¥1078.82 to ¥1519.03, and the organization of independent CCUS is more preferred under the proposed market structure.

ProcessesVol. 12(10)
Shanghai Huayi Group (China) (CN)
Affordable and clean energy
Openalex Percentile: Top 26%
Integrated Energy Systems Optimization
0.83
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