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Planning and Economics of Electric Energy Systems

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (20 April 2021) | Viewed by 7219

Special Issue Editor


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Guest Editor
Escuela Técnica Superior de Ingeniería Industrial, Universidad de Castilla-La Mancha, Campus Universitario s/n, 13071 Ciudad Real, Spain
Interests: electric energy systems; robust optimization; stochastic programming; electricity markets; wind energy; power systems; operations research
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Special Issue Information

Dear colleagues,

In recent decades, there has been an important increase in the use of renewable energy sources aiming at reducing the greenhouse gas emissions. In this vein, many countries are still implementing new actions to further reduce these emissions, such as the progressive replacement of combustion-engine vehicles by electric vehicles, the transition to fully renewable electric energy systems, and the development of new technologies that allow storinf energy in large quantities. All these actions will change the way that electric energy systems are operated, both from a technical and a economical point of view. Thus, new approaches are needed for the planning and economics of future electric energy systems.
Topics of interest for this Special Issue include but are not limited to the following:

  • Transmission expansion planning to enable a high penetration of electric vehicles and renewable energies;
  • Generation expansion planning in fully renewable electric energy systems;
  • Generation and tranmission expansion planning in power systems considering storage facilities;
  • New methods to account for uncertainties in the planning and economics of electric energy systems.

Prof. Dr. Luis Baringo
Guest Editor

Manuscript Submission Information

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Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • renewable energy
  • power systems
  • planning, economics
  • uncertainty
  • electric vehicles
  • stochastic programming
  • robust optimization

Published Papers (3 papers)

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38 pages, 1150 KiB  
Article
Towards Renewable-Dominated Power Systems Considering Long-Term Uncertainties: Case Study of Las Palmas
by Miguel Cañas-Carretón, Miguel Carrión and Florin Iov
Energies 2021, 14(11), 3317; https://doi.org/10.3390/en14113317 - 05 Jun 2021
Cited by 6 | Viewed by 1746
Abstract
In this paper, we analyze the generation, storage and transmission expansion of the isolated power system of Las Palmas (Spain) for 2050. This power system comprises two isolated systems: Lanzarote-Fuerteventura and Gran Canaria. The generating, storage and transmission capacity to be built is [...] Read more.
In this paper, we analyze the generation, storage and transmission expansion of the isolated power system of Las Palmas (Spain) for 2050. This power system comprises two isolated systems: Lanzarote-Fuerteventura and Gran Canaria. The generating, storage and transmission capacity to be built is determined by solving a two-stage stochastic investment model taking into account different long-term uncertain parameters: investment costs of immature technologies of power production and storage, annual demand growth, number of electric vehicles, rooftop solar penetration and natural gas prices. The possibility of linking together the isolated power systems of Lanzarote-Fuerteventura and Gran Canaria for reaching a higher penetration of renewable units is also considered. The operation of the power system is simulated by considering the day-ahead energy and reserve capacity markets. The variability of the hourly available wind and solar power, and the demand level are modeled by using a set of characteristic days to represent the target year. The performance of the resulting power system is assessed by conducting an out-of-sample analysis using the AC model of the power system. The numerical results show that a future configuration of Las Palmas power system mainly based on solar and wind power units can be achieved with the support of gas units and storage. Full article
(This article belongs to the Special Issue Planning and Economics of Electric Energy Systems)
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21 pages, 2579 KiB  
Article
A New Approach to Optimal Location and Sizing of DSTATCOM in Radial Distribution Networks Using Bio-Inspired Cuckoo Search Algorithm
by Devabalaji Kaliaperumal Rukmani, Yuvaraj Thangaraj, Umashankar Subramaniam, Sitharthan Ramachandran, Rajvikram Madurai Elavarasan, Narottam Das, Luis Baringo and Mohamed Imran Abdul Rasheed
Energies 2020, 13(18), 4615; https://doi.org/10.3390/en13184615 - 04 Sep 2020
Cited by 61 | Viewed by 2960
Abstract
This article proposes a new approach based on a bio-inspired Cuckoo Search Algorithm (CSA) that can significantly envisage with several issues for optimal allocation of distribution static compensator (DSTATCOM) in Radial Distribution System (RDS). In the proposed method, optimal locations of the DSTATCOM [...] Read more.
This article proposes a new approach based on a bio-inspired Cuckoo Search Algorithm (CSA) that can significantly envisage with several issues for optimal allocation of distribution static compensator (DSTATCOM) in Radial Distribution System (RDS). In the proposed method, optimal locations of the DSTATCOM are calculated by using the Loss Sensitivity Factor (LSF). The optimal size of the DSTATCOM is simulated by using the newly developed CSA. In the proposed method, load flow calculations are performed by using a fast and efficient backward/forward sweep algorithm. Here, the mathematically formed objective function of the proposed method is to reduce the total system power losses. Standard 33-bus and 69-bus systems have been used to show the effectiveness of the proposed CSA-based optimization method in the RDS with different load models. The simulated results confirm that the optimal allocation of DSTATCOM plays a significant role in power loss minimization and enhanced voltage profile. The placement of DSTATCOM in RDS also plan an important role for minimizing uncertainties in the distribution level. The proposed method encourages one to use renewable-based resources, which results in affordable and clean energy. Full article
(This article belongs to the Special Issue Planning and Economics of Electric Energy Systems)
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17 pages, 933 KiB  
Article
Planning Under Uncertainty Applications in Power Plants Using Factored Markov Decision Processes
by Alberto Reyes, L. Enrique Sucar, Pablo H. Ibargüengoytia and Eduardo F. Morales
Energies 2020, 13(9), 2302; https://doi.org/10.3390/en13092302 - 06 May 2020
Cited by 5 | Viewed by 1805
Abstract
Due to its ability to deal with non-determinism and partial observability, represent goals as an immediate reward function and find optimal solutions, planning under uncertainty using factored Markov Decision Processes (FMDPs) has increased its importance and usage in power plants and power systems. [...] Read more.
Due to its ability to deal with non-determinism and partial observability, represent goals as an immediate reward function and find optimal solutions, planning under uncertainty using factored Markov Decision Processes (FMDPs) has increased its importance and usage in power plants and power systems. In this paper, three different applications using this approach are described: (i) optimal dam management in hydroelectric power plants, (ii) inspection and surveillance in electric substations, and (iii) optimization of steam generation in a combined cycle power plant. For each case, the technique has demonstrated to find optimal action policies in uncertain settings, present good response and compilation times, deal with stochastic variables and be a good alternative to traditional control systems. The main contributions of this work are as follows, a methodology to approximate a decision model using machine learning techniques, and examples of how to specify and solve problems in the electric power domain in terms of a FMDP. Full article
(This article belongs to the Special Issue Planning and Economics of Electric Energy Systems)
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