Irawan, Chandra, Jones, Dylan, Hofman, Peter S., and Zhang, Lina (2023) Integrated strategic energy mix and energy generation planning with multiple sustainability criteria and hierarchical stakeholders. European Journal of Operational Research, 308 (2). pp. 864-883.

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Abstract

This paper proposes a combination of two optimization models for simultaneously determining strategic energy planning at both national and regional levels. The first model deals with a single-period energy mix where the electricity production configuration at a future date (e.g., 2050), based on the available generation sources, is optimally obtained. An optimization model, based on a non-linear goal programming method, is designed to ensure a mixed balance between national and regional goals. The desired energy mix configuration, which is the solution obtained by solving the first model, is then fed into the second model as the main data input. In the second model, a multiple-period generation expansion plan is designed which optimizes the energy transition over the time horizon from the present until the future planning date (2050). The model considers uncertain parameters, including the regional energy demand, fuel cost, and national peak load. A two-stage stochastic programming model is developed where the sample average approximation approach is used as a method of solution. The practical use of the proposed models has been assessed through application to the electricity generation system in China.

Item ID:	77843
Item Type:	Article (Research - C1)
ISSN:	1872-6860
Copyright Information:	© 2022 Elsevier B.V. All rights reserved.
Date Deposited:	06 Mar 2023 23:17
FoR Codes:	35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3507 Strategy, management and organisational behaviour > 350712 Production and operations management @ 80% 40 ENGINEERING > 4008 Electrical engineering > 400803 Electrical energy generation (incl. renewables, excl. photovoltaics) @ 20%
SEO Codes:	17 ENERGY > 1703 Energy storage, distribution and supply > 170305 Energy systems and analysis @ 40% 15 ECONOMIC FRAMEWORK > 1505 Microeconomics > 150510 Production @ 60%
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