Smart multi-carrier energy system: Optimised energy management and investment analysis

Giuseppe Paternò, Eleonora Riva Sanseverino, Mariano Giuseppe Ippolito, Massimo Bertoncini, Diego Arnone, Alessandro Rossi, Giuseppe Paterno

Research output: Contribution to conferenceOther

4 Citations (Scopus)

Abstract

This paper proposes an optimised EnergyManagement System for a multi-carrier hub, which integratestwo energy distribution networks, for hydrogen and electricity.The economic sustainability of a real-life instantiation of such asystem has been analysed as well. The Energy ManagementSystem has been developed by means of a multi-objectiveoptimisation algorithm, the Non-dominated Sorting GeneticAlgorithm II, implemented using MATLAB®. The achievedresults consist in a series of set-points defining the workingconditions of the plant for a chosen time horizon. Data providedby this process also show the effectiveness of the adoptedoptimisation approach. The financial analysis is performedtaking into account costs and revenues of a real demonstrationplant. These cash flows have been evaluated by means of NetPresent Value index. The proposed analysis shows a possiblesolution that is profitable for stakeholders and guarantees a shortPay Back Time
Original languageEnglish
Number of pages6
Publication statusPublished - 2016

All Science Journal Classification (ASJC) codes

  • Computer Networks and Communications
  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering

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