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Effect of storage options on price‐based scheduling for a hybrid trigeneration system
Author(s) -
Nazari Mohammad Esmaeil,
Bahravar Sepideh,
Olamaei Javad
Publication year - 2020
Publication title -
international journal of energy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.808
H-Index - 95
eISSN - 1099-114X
pISSN - 0363-907X
DOI - 10.1002/er.5449
Subject(s) - boiler (water heating) , thermal energy storage , profit (economics) , scheduling (production processes) , process engineering , engineering , computer science , environmental science , automotive engineering , waste management , operations management , economics , thermodynamics , microeconomics , physics
Summary Trigeneration is efficient to supply cooling, heat, and power demands. Also, hydro (pumped) storage with zero fuel costs can increase profit when price‐based scheduling problem is solved. The goal of this study is to investigate the effects of electric boiler, hydro storage, and heat storage tank on price‐based scheduling problem for hybrid trigeneration (trigeneration‐conventional‐gas boiler) system. A heuristic algorithm is applied to a power system where in validation case, total cost reduction of 0.63% to 0.91% is reached as compared with reported in literature. The results show that the utilization of electric boiler, hydro storage, and heat storage tank leads to profit improvement by 4.58%. Also, a critical sensitivity analysis is conducted and the results show the significant effects of several factors on scheduling results.