Optimal energy distribution and storage in a wind-based renewable electricity supply chain

Abstract:
Nowadays, utilization of renewable energies for satisfying electricity demand has received more interest, and renewable electricity generation has been growing in the world. This study addresses the operational planning of a renewable electricity supply chain over a multi-period planning horizon. The purpose of this study is to maximize total profit and to optimize the operational decisions related to power transmission and storage in a wind-based electricity supply chain. The applicability of the developed model is demonstrated by a case study. Due to the wind intermittency and demand variations, some probable scenarios are considered. Sensitivity analysis provides several managerial insights. Numerical results indicate that line capacity expansion can make a good promotion in each scenario by reducing unmet demand and making more profit. Moreover, incorporating an electricity storage system in wind farms improves demand covering in peak load hours.
Language:
English
Published:
Journal of Industrial and Systems Engineering, Volume:10 Issue: 4, Autumn 2017
Pages:
110 to 122
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