Open Access
ARTICLE
Modeling the Proposal of the Simultaneous Purchases and Sales of Electricity and Gas for the Energy Market in a Microgrid Using the Harmony Search Algorithm
Zinan Zhou, Yirun Chen, Wensheng Dai*
Financial School, China Financial Policy Research Center, International Money Institute, Renmin University of China, Beijing,
100872, China
* Corresponding Author: Wensheng Dai. Email:
(This article belongs to the Special Issue: Application of Artificial Intelligence for Energy and City Environmental Sustainability)
Energy Engineering 2022, 119(6), 2681-2709. https://doi.org/ 10.32604/ee.2022.021410
Received 13 January 2022; Accepted 12 April 2022; Issue published 14 September 2022
Abstract
The use of different energy carriers together, known as an energy hub, has been a hot topic of research in recent
years amongst scientists and researchers. The term energy hub refers to the simultaneous operation of various
infrastructures for energy generation and transfer, which has gained momentum in the form of microgrids (MGs).
This paper introduces a new strategy for the optimal performance of an MG consisting of different energy carriers
for each day. In a smart distribution network (DN), MGs can reduce their own costs in the previous-day market
by bidding on sales and purchases. The sales and purchases bidding problem is challenging due to different
uncertainties, however. This paper proposes a two-stage strategy for making an optimal bid on electricity sales and
purchases with electricity and gas price dependency in the previous-day and real-time markets for an energy hub.
In this model, the MG behavior regarding the electricity and gas energy sales/purchase, the simultaneous effects of
electricity and gas prices, as well as the energy carriers’ dependence on one another are all examined. Due to the
inherent uncertainty in the sources of clean energy production, the probabilistic model and the production and
reduction scenario have been used in the paper to cover this issue. In the proposed grid, energy sales/purchases are
presented in a multi-carrier MG in a two-stage model. This model is solved by using the harmony search algorithm
in MATLAB. Numeric results demonstrate the benefits of this model in reducing energy hub costs of operation.
Keywords
Cite This Article
Zhou, Z., Chen, Y., Dai, W. (2022). Modeling the Proposal of the Simultaneous Purchases and Sales of Electricity and Gas for the Energy Market in a Microgrid Using the Harmony Search Algorithm.
Energy Engineering, 119(6), 2681–2709. https://doi.org/ 10.32604/ee.2022.021410