Prof. Tomonobu Senjyu
Ph.D., IEEE Fellow, IEEJ Fellow
Professor of Electrical and Electronics Engineering
Head, Power Energy System Control Laboratory (PESC)
University of the Ryukyus
Okinawa, Japan
Techno-Economic Optimization of Integrated Renewable Energy Systems: Innovations and Pathways Toward Net-Zero Emissions
Abstract
The increasing penetration of renewable energy sources into electrical power networks has introduced a number of technical and economic problems arising principally from the variability of energy production, the diversity of generating technologies, and the requirements of maintaining a satisfactory balance between supply and demand. The combination of renewable generation with electrical and hydrogen energy storage offers considerable possibilities for improving system operation and reducing dependence upon conventional generating resources. The determination of suitable system configurations and operating conditions, however, requires the simultaneous consideration of technical performance, investment expenditure, operating costs, and environmental effects.
This study considers the techno-economic modeling and multi-objective optimization of an integrated energy system comprising solar and wind generation, electrical energy storage, hydrogen production by electrolysis, hydrogen storage, and fuel-cell generation. A mathematical representation of the principal system components is employed together with an intelligent control arrangement to examine their combined operation under different technical and economic conditions. The optimization procedure considers operating costs and carbon dioxide emissions as principal objectives, while accounting for the characteristics and operating constraints of the individual energy resources.
The application of the proposed approach to the Iowa 240-bus power system in the United States indicates the potential advantages of coordinated renewable energy integration. The reported results show annual savings of $126,147.8 and a reduction of 951,035.6 kg in carbon dioxide emissions relative to the base case, corresponding to reductions of 10.3% in annual costs and 100.5% in annual emissions. These results demonstrate the importance of considering the interactions among renewable generation, energy storage, and conversion technologies when evaluating alternative energy system configurations.
The study further discusses the practical significance of mathematical modeling, intelligent control, and multi-objective optimization in the planning and operation of integrated energy infrastructures. Particular attention is given to the technical and economic considerations governing the selection and coordination of different energy resources and their possible contribution to the development of low-carbon power systems.