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Bi-Level Approach for Modeling Multi-Energy Players' Behavior in a Multi-Energy System

Title
Bi-Level Approach for Modeling Multi-Energy Players' Behavior in a Multi-Energy System
Type
Article in International Conference Proceedings Book
Year
2015
Authors
Damavandi, MY
(Author)
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Bahramara, S
(Author)
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Moghaddam, MP
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Haghifam, MR
(Author)
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Shafie khah, M
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Conference proceedings International
PowerTech, 2015 IEEE Eindhoven
Eindhoven, NETHERLANDS, JUN 29-JUL 02, 2015
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Authenticus ID: P-00K-2S7
Abstract (EN): In this paper a bi-level approach is presented to model the behavior of multi-energy players (MEP) who are coupled based on signal price in a multi-energy system (MES). The MEPs are defined as energy players who can trade more than one energy carrier and have energy facilities (e.g. energy storages and converters) to convert and store various energy carriers. In this approach, MEPs trade various energy carriers in the upper level problem and the coupled energy price will be deduced. In the lower level problem MEPs schedule their energy balance based on the upper level signal price. By implementing dual theorem, the bi-level problem is transformed into a single level optimization problem that can be solved with CPLEX optimizer. The proposed model has been applied in an MES with four MEPs and the numerical results demonstrate the proficiency of the modeling framework.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 6
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