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Simplified model of...
Simplified model of integrated paper mill for optimal bidding in energy and reserve markets
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- Herre, Lars, 1990- (författare)
- KTH,Elkraftteknik
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- Tomasini, Federica (författare)
- KTH,Elkraftteknik
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- Paridari, Kaveh, 1987- (författare)
- KTH,Elkraftteknik
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visa fler...
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- Söder, Lennart, 1956- (författare)
- KTH,Elkraftteknik
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- Nordström, Lars, 1969- (författare)
- KTH,Industriell produktion,Elkraftteknik
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visa färre...
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(creator_code:org_t)
- Elsevier Ltd, 2020
- 2020
- Engelska.
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Ingår i: Applied Energy. - : Elsevier Ltd. - 0306-2619 .- 1872-9118. ; 279
- Relaterad länk:
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https://doi.org/10.1...
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https://doi.org/10.1...
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https://urn.kb.se/re...
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https://doi.org/10.1...
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visa färre...
Abstract
Ämnesord
Stäng
- Due to the increased use of variable renewable energy sources, more capacity for reserves is required. Non-generating resources such as large industrial consumers can arbitrage energy prices and provide reserve capacity by exploiting the inherent flexibility in selected industrial processes. A large enough industrial consumer can capitalize on this flexibility through optimized bidding in electricity markets. In this work, the day-ahead cost minimization of a risk-averse pulp and paper mill is formulated as a two-stage stochastic problem, considering thermodynamic and electrical constraints. The bids in the energy and reserve markets are jointly optimized subject to price uncertainty as well as uncertainty of frequency realization. The results of a case study in Sweden display a significant economic benefit in exploiting the flexibility of integrated pulp and paper mills with electric boilers. The expected cost of the pulp and paper mill resulting from different strategies are compared and the risk-aversion of the pulp and paper mill is investigated. Reserve offers are mainly facilitated by fast-acting electric boilers and supported by flexibility in the steam network. We show that reserve offers can significantly improve the profitability of the pulp and paper mill.
Ämnesord
- TEKNIK OCH TEKNOLOGIER -- Elektroteknik och elektronik -- Annan elektroteknik och elektronik (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Electrical Engineering, Electronic Engineering, Information Engineering -- Other Electrical Engineering, Electronic Engineering, Information Engineering (hsv//eng)
- TEKNIK OCH TEKNOLOGIER -- Maskinteknik -- Energiteknik (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Mechanical Engineering -- Energy Engineering (hsv//eng)
- TEKNIK OCH TEKNOLOGIER -- Naturresursteknik -- Energisystem (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Environmental Engineering -- Energy Systems (hsv//eng)
Nyckelord
- Ancillary services
- Frequency reserves
- Industrial demand response
- Optimal bidding
- Pulp and paper mill
- Stochastic optimization
- Boilers
- Commerce
- Paper
- Papermaking machinery
- Pulp
- Pulp manufacture
- Renewable energy resources
- Stochastic systems
- Cost minimization
- Industrial consumers
- Industrial processs
- Inherent flexibility
- Price uncertainty
- Stochastic problems
- Variable renewable energies
- Paper and pulp mills
- alternative energy
- building
- electricity generation
- energy market
- integrated approach
- optimization
- price dynamics
- profitability
- pulp and paper industry
- residential energy
- Capacity
- Energy
- Flexibility
- Paper Mills
- Sweden
Publikations- och innehållstyp
- ref (ämneskategori)
- art (ämneskategori)
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