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Low-carbon economic dispatch strategy for renewable integrated power system incorporating carbon capture and storage technology

Fei Yu, Xiaodong Chu, Donglei Sun, Xiaoming Liu

2022Energy Reports30 citationsDOIOpen Access PDF

Abstract

With the global warming and climate change, the low-carbon power system has attracted increasing attention. A low-carbon optimal dispatch model incorporating carbon capture and storage technology and the uncertainty of wind power is proposed. An accurate calculation of carbon dioxide emission is established, and the carbon tax mechanism is incorporated into the traditional economic dispatch taking into account the economy and low-carbon of power production. The effectiveness of the proposed method is verified by simulation results of modified IEEE 24-bus system. The case study shows that the proposed model can significantly reduce carbon emissions of coal-fired units and encourage coal-fired units to improve their emission performance.

Topics & Concepts

Economic dispatchCarbon taxGreenhouse gasCarbon capture and storage (timeline)Renewable energyGlobal warmingCarbon fibersEnvironmental economicsWind powerCoalBio-energy with carbon capture and storageEnvironmental scienceElectric power systemLow-carbon economyProduction (economics)Computer scienceNatural resource economicsPower (physics)Climate change mitigationClimate changeWaste managementEngineeringEconomicsElectrical engineeringComposite numberEcologyPhysicsQuantum mechanicsMacroeconomicsBiologyAlgorithmIntegrated Energy Systems OptimizationCarbon Dioxide Capture TechnologiesCatalysts for Methane Reforming
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