An efficient algorithm for bi-objective combined heat and power production planning under the emission trading scheme

dc.contributorAalto-yliopistofi
dc.contributorAalto Universityen
dc.contributor.authorRong, Aiying
dc.contributor.authorFigueira, José Ruifi
dc.contributor.authorLahdelma, Ristofi
dc.contributor.departmentDepartment of Energy Technologyen
dc.contributor.departmentEnergiatekniikan laitosfi
dc.contributor.labEnergy Efficiency and Systemsen
dc.contributor.schoolInsinööritieteiden korkeakoulufi
dc.contributor.schoolSchool of Engineeringen
dc.date.accessioned2015-01-28T09:20:53Z
dc.date.available2015-01-28T09:20:53Z
dc.date.issued2014
dc.description.abstractThe growing environmental awareness and the apparent conflicts between economic and environmental objectives turn energy planning problems naturally into multi-objective optimization problems. In the current study, mixed fuel combustion is considered as an option to achieve tradeoff between economic objective (associated with fuel cost) and emission objective (measured in CO2 emission cost according to fuels and emission allowance price) because a fuel with higher emissions is usually cheaper than one with lower emissions. Combined heat and power (CHP) production is an important high-efficiency technology to promote under the emission trading scheme. In CHP production, the production planning of both commodities must be done in coordination. A long-term planning problem decomposes into thousands of hourly subproblems. In this paper, a bi-objective multi-period linear programming CHP planning model is presented first. Then, an efficient specialized merging algorithm for constructing the exact Pareto frontier (PF) of the problem is presented. The algorithm is theoretically and empirically compared against a modified dichotomic search algorithm. The efficiency and effectiveness of the algorithm is justified.en
dc.description.versionPeer revieweden
dc.format.extent9
dc.format.mimetypeapplication/pdfen
dc.identifier.citationRong, Aiying & Figueira, José Rui & Lahdelma, Risto. 2014. An efficient algorithm for bi-objective combined heat and power production planning under the emission trading scheme. Energy Conversion and Management. P. 9. 10.1016/j.enconman.2014.08.049.en
dc.identifier.doi10.1016/j.enconman.2014.08.049
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/15029
dc.identifier.urnURN:NBN:fi:aalto-201501281755
dc.language.isoenen
dc.publisherElsevier
dc.relation.ispartofseriesEnergy Conversion and Managementen
dc.relation.ispartofseries88
dc.rightsElseviers AAM Policy: Authors retain the right to use the accepted author manuscript for personal use, internal institutional use and for permitted scholarly posting provided that these are not for purposes of commercial use or systematic distributionen
dc.rights.holderElsevier
dc.subject.keywordCombined heat and power productionen
dc.subject.keywordMulti-objective linear programmingen
dc.subject.keywordEnergy optimizationen
dc.subject.keywordEnergy efficiency, Environmental/economic dispatch.en
dc.subject.otherComputer scienceen
dc.subject.otherEconomicsen
dc.subject.otherEnergyen
dc.subject.otherEnvironmental scienceen
dc.titleAn efficient algorithm for bi-objective combined heat and power production planning under the emission trading schemeen
dc.typeA1 Alkuperäisartikkeli tieteellisessä aikakauslehdessäfi
dc.type.dcmitypetexten
dc.type.versionPre printen

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