Multi-market, multi-entity two-tier trading optimization study for integrated energy systems

Abstract

In order to cope with the risks of energy supply equipment in integrated energy systems (IES) and reduce costs at the same time, this paper conducts a study on the optimization of multi-market-multi-objective two-tier transactions in integrated energy systems. The IES multi-objective optimization model is developed by considering the operating cost, risk value and bilateral transaction cost as the optimization objectives, and considering various constraints such as electricity and natural gas. The results of the analysis show that the model can better balance the safety and economy of system operation.