Study on Pricing Mechanism of Cooling, Heating, and Electricity Considering Demand Response in the Stage of Park Integrated Energy System Planning

With the opening of the Chinese electricity market, as a retailer that provides energy services to consumers, the park-integrated energy system (PIES) not only serves as an effective way to earn benefits and reduce carbon emissions but also impacts the energy consumption characteristics of consumers...

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Main Authors: Hang Yu, Zhiyuan Liu, Chaoen Li, Rui Liu
Format: Article
Language:English
Published: MDPI AG 2020-02-01
Series:Applied Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3417/10/5/1565
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spelling doaj-09070c629c58403b85d3a544ba57d4842020-11-25T02:39:26ZengMDPI AGApplied Sciences2076-34172020-02-01105156510.3390/app10051565app10051565Study on Pricing Mechanism of Cooling, Heating, and Electricity Considering Demand Response in the Stage of Park Integrated Energy System PlanningHang Yu0Zhiyuan Liu1Chaoen Li2Rui Liu3School of Mechanical Engineering Tongji University, Caoan Road No.4800, Shanghai 201804, ChinaSchool of Mechanical Engineering Tongji University, Caoan Road No.4800, Shanghai 201804, ChinaSchool of Mechanical Engineering Tongji University, Caoan Road No.4800, Shanghai 201804, ChinaSchool of Mechanical Engineering Tongji University, Caoan Road No.4800, Shanghai 201804, ChinaWith the opening of the Chinese electricity market, as a retailer that provides energy services to consumers, the park-integrated energy system (PIES) not only serves as an effective way to earn benefits and reduce carbon emissions but also impacts the energy consumption characteristics of consumers. The PIES implements this function by adjusting the energy selling price in free energy markets. The pricing mechanism model (P-M model) is established to obtain the energy selling price in the planning and design stages. In this model, the impact of the demand response on the energy configuration and the impact of the changes in energy configuration on the energy cost price are both considered. Additionally, the optimal result ensures that both the consumers and the PIES benefit simultaneously. The reactive demand response zone, which represents a consumer trap, is found in numerical studies. The results indicate the following: (1) from the perspective of P-M model optimization, the benefit exclusive point of the PIES is the optimal solution in the short term; (2) from the perspective of the long-term benefit, the ultimate result in the relationship between the PIES and consumers is that the PIES will share its profits with consumers; in other words, benefit sharing point is the optimal solution for the long term.https://www.mdpi.com/2076-3417/10/5/1565park integrated energy systempricing mechanism modeltransfer ratioplanning and designdemand side
collection DOAJ
language English
format Article
sources DOAJ
author Hang Yu
Zhiyuan Liu
Chaoen Li
Rui Liu
spellingShingle Hang Yu
Zhiyuan Liu
Chaoen Li
Rui Liu
Study on Pricing Mechanism of Cooling, Heating, and Electricity Considering Demand Response in the Stage of Park Integrated Energy System Planning
Applied Sciences
park integrated energy system
pricing mechanism model
transfer ratio
planning and design
demand side
author_facet Hang Yu
Zhiyuan Liu
Chaoen Li
Rui Liu
author_sort Hang Yu
title Study on Pricing Mechanism of Cooling, Heating, and Electricity Considering Demand Response in the Stage of Park Integrated Energy System Planning
title_short Study on Pricing Mechanism of Cooling, Heating, and Electricity Considering Demand Response in the Stage of Park Integrated Energy System Planning
title_full Study on Pricing Mechanism of Cooling, Heating, and Electricity Considering Demand Response in the Stage of Park Integrated Energy System Planning
title_fullStr Study on Pricing Mechanism of Cooling, Heating, and Electricity Considering Demand Response in the Stage of Park Integrated Energy System Planning
title_full_unstemmed Study on Pricing Mechanism of Cooling, Heating, and Electricity Considering Demand Response in the Stage of Park Integrated Energy System Planning
title_sort study on pricing mechanism of cooling, heating, and electricity considering demand response in the stage of park integrated energy system planning
publisher MDPI AG
series Applied Sciences
issn 2076-3417
publishDate 2020-02-01
description With the opening of the Chinese electricity market, as a retailer that provides energy services to consumers, the park-integrated energy system (PIES) not only serves as an effective way to earn benefits and reduce carbon emissions but also impacts the energy consumption characteristics of consumers. The PIES implements this function by adjusting the energy selling price in free energy markets. The pricing mechanism model (P-M model) is established to obtain the energy selling price in the planning and design stages. In this model, the impact of the demand response on the energy configuration and the impact of the changes in energy configuration on the energy cost price are both considered. Additionally, the optimal result ensures that both the consumers and the PIES benefit simultaneously. The reactive demand response zone, which represents a consumer trap, is found in numerical studies. The results indicate the following: (1) from the perspective of P-M model optimization, the benefit exclusive point of the PIES is the optimal solution in the short term; (2) from the perspective of the long-term benefit, the ultimate result in the relationship between the PIES and consumers is that the PIES will share its profits with consumers; in other words, benefit sharing point is the optimal solution for the long term.
topic park integrated energy system
pricing mechanism model
transfer ratio
planning and design
demand side
url https://www.mdpi.com/2076-3417/10/5/1565
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AT zhiyuanliu studyonpricingmechanismofcoolingheatingandelectricityconsideringdemandresponseinthestageofparkintegratedenergysystemplanning
AT chaoenli studyonpricingmechanismofcoolingheatingandelectricityconsideringdemandresponseinthestageofparkintegratedenergysystemplanning
AT ruiliu studyonpricingmechanismofcoolingheatingandelectricityconsideringdemandresponseinthestageofparkintegratedenergysystemplanning
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