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Nantong University Researchers Update Understanding of Energy (Economic Emission Dispatch for Wind Power Integrated System with Carbon Trading Mechanism)

Source: 
Climate Change Daily News

2021 APR 13 (NewsRx) -- By a News Reporter-Staff News Editor at Climate Change Daily News -- Fresh data on energy are presented in a new report. According to news reporting out of Nantong, People’s Republic of China, by NewsRx editors, research stated, “Nowadays, the power system is faced with some new changes from low-carbon approaches, though these approaches have proved to be effective in developing low-carbon electricity.”

Financial supporters for this research include National Natural Science Foundation of China.

The news correspondents obtained a quote from the research from Nantong University: “Specifically, wind power integration and carbon trading influence the traditional economic emission dispatch (EED) mode, allowing for the disturbance of wind power uncertainties and the fluctuation of carbon trading price. Aiming at the above problems, this study firstly builds a stochastic EED model in the form of chance-constrained programming associated with wind power reliability. Next, wind power features are deduced from the statistic characteristics of wind speed, and thus the established model is converted to a deterministic form. After that, an auxiliary decision-making method based on the technique for order preference by similarity to an ideal solution (TOPSIS) is designed to draw the optimal solution based upon the specific requirements of carbon emission control. The simulation results eventually indicate that the minimization of fuel costs and carbon emissions comes at the expense of wind power reliability. Meanwhile, carbon emission reduction can be effectively realized by carbon trading rather than a substantial increase in fuel costs, and carbon trading may help to improve power generation efficiency.”

According to the news reporters, the research concluded: “Furthermore, carbon trading prices could be determined by the demands of carbon emission reduction and power generation efficiency improvement.”

For more information on this research see: Economic Emission Dispatch for Wind Power Integrated System with Carbon Trading Mechanism. Energies, 2021,14(1870):1870. (Energies - http://www.mdpi.com/journal/energies). The publisher for Energies is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/en14071870.

Our news editors report that more information may be obtained by contacting Jingliang Jin, College of Science, Nantong University, Nantong 226001, People’s Republic of China. Additional authors for this research include Qinglan Wen, Xianyue Zhang, Siqi Cheng, Xiaojun Guo.

 

(Our reports deliver fact-based news of research and discoveries from around the world.)

 

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