Search Results (3,207)

The Union of the Comoros, located in the Indian Ocean, faces persistent energy challenges due to its geographic isolation, heavy dependence on imported fossil fuels, and underdeveloped electricity infrastructure. This study investigates the techno-economic optimization of a hybrid microgrid designed to supply electricity to a rural village in Grande Comore. The proposed system integrates photovoltaic (PV) panels, wind turbines, a diesel generator, and battery storage. Detailed modeling and simulation were conducted using HOMER Energy, accompanied by a sensitivity analysis on solar irradiance, wind speed, and diesel price. The results indicate that the optimal configuration consists solely of PV and battery storage, meeting 100% of the annual electricity demand with a competitive levelized cost of energy (LCOE) of 0.563 USD/kWh and zero greenhouse gas emissions. Solar PV contributes over 99% of the total energy production, while wind and diesel components remain unused under optimal conditions. Furthermore, the system generates a substantial energy surplus of 63.7%, which could be leveraged for community applications such as water pumping, public lighting, or future system expansion. This study highlights the technical viability, economic competitiveness, and environmental sustainability of 100% solar microgrids for non-interconnected island territories. The approach provides a practical and replicable decision-support framework for decentralized energy planning in remote and vulnerable regions. Full article

The introduction of Renewable Energy Sources (RESs) into the electricity grid is changing the price dynamics of the electricity market and creating room for flexibility on the consumption side. This paper investigates different aspects of the interaction between the RES share, electricity spot prices, and electric vehicle (EV) charging strategies. Based on empirical data from Germany, France, and the Czech Republic for the period 2015–2025, four research hypotheses are tested using correlation and regression analysis, cost simulations, and classification algorithms. The results confirm a negative correlation between the RES share and electricity prices, as well as the effectiveness of smart charging in reducing costs. At the same time, it is shown that the occurrence of negative prices is significantly affected by a high RES share. The correlation analysis further suggests that higher production from RESs increases the potential for price optimisation through smart charging. The findings have implications for policymaking aimed at flexible consumption and efficient RES integration. Full article

The accelerating integration of electric vehicles (EVs) into contemporary transportation infrastructure has underscored significant limitations in traditional charging paradigms, particularly in accommodating heterogeneous user requirements within dynamic operational environments. This study presents a differentiated optimization framework for EV charging strategies through the systematic classification of user types. A multidimensional decision-making environment is established for three representative user categories—residential, commercial, and industrial—by synthesizing time-variant electricity pricing models with dynamic carbon emission pricing mechanisms. A bi-level optimization architecture is subsequently formulated, leveraging deep reinforcement learning (DRL) to capture user-specific demand characteristics through customized reward functions and adaptive constraint structures. Validation is conducted within a high-fidelity simulation environment featuring 90 autonomous EV charging agents operating in a metropolitan parking facility. Empirical results indicate that the proposed typology-driven approach yields a 32.6% average cost reduction across user groups relative to baseline charging protocols, with statistically significant improvements in expenditure optimization (p < 0.01). Further interpretability analysis employing gradient-weighted class activation mapping (Grad-CAM) demonstrates that the model’s attention mechanisms are well aligned with theoretically anticipated demand prioritization patterns across the distinct user types, thereby confirming the decision-theoretic soundness of the framework. Full article

With the support of the dual-carbon strategy and related policies, China’s offshore wind power has experienced rapid development. However, constrained by the inherent intermittency and volatility of wind power, large-scale expansion poses significant challenges to grid integration and exacerbates government fiscal burdens. To address these critical issues, this paper proposes a multi-market coupling trading model integrating energy storage-equipped offshore wind power into electricity–carbon–green certificate markets for large-scale grid networks. Firstly, a day-ahead electricity market optimization model that incorporates energy storage is established to maximize power revenue by coordinating offshore wind power generation, thermal power dispatch, and energy storage charging/discharging strategies. Subsequently, carbon market and green certificate market optimization models are developed to quantify Chinese Certified Emission Reduction (CCER) volume, carbon quotas, carbon emissions, market revenues, green certificate quantities, pricing mechanisms, and associated economic benefits. To validate the model’s effectiveness, a gradient ascent-optimized game-theoretic model and a double auction mechanism are introduced as benchmark comparisons. The simulation results demonstrate that the proposed model increases market revenues by 17.13% and 36.18%, respectively, compared to the two benchmark models. It not only improves wind power penetration and comprehensive profitability but also effectively alleviates government subsidy pressures through coordinated carbon–green certificate trading mechanisms. Full article

This study aims to develop an optimal underwriting strategy for affordable (H1 and M1) and premium (L1 and M2) electric vehicles (EVs), balancing financial risk and sustainability commitments. The research is motivated by regulatory pressures, risk management needs, and sustainability goals, necessitating an adaptation of traditional underwriting models. The study employs a modified Delphi method with industry experts to identify key risk factors, including accident risk, repair costs, battery safety, driver behavior, and PCAF carbon impact. A sensitivity analysis was conducted to examine premium adjustments under different risk scenarios, categorizing EVs into four risk segments: Low-Risk, Low-Carbon (L1); Medium-Risk, Low-Carbon (M1); Medium-Risk, High-Carbon (M2); and High-Risk, High-Carbon (H1). Findings indicate that premium EVs (L1 and M2) exhibit lower volatility in underwriting costs, benefiting from advanced safety features, lower accident rates, and reduced carbon attribution penalties. Conversely, budget EVs (H1 and M1) experience higher premium fluctuations due to greater accident risks, costly repairs, and higher carbon costs under PCAF implementation. The worst-case scenario showed a 14.5% premium increase, while the best-case scenario led to a 10.5% premium reduction. The study recommends prioritizing premium EVs for insurance coverage due to their lower underwriting risks and carbon efficiency. For budget EVs, insurers should implement selective underwriting based on safety features, driver risk profiling, and energy efficiency. Additionally, incentive-based pricing such as telematics discounts, green repair incentives, and low-carbon charging rewards can mitigate financial risks and align with net-zero insurance commitments. This research provides a structured framework for insurers to optimize EV underwriting while ensuring long-term profitability and regulatory compliance. Full article

This paper introduces a reverse demand response scheme that uses electric vehicles in an isolated microgrid system, aiming to solve the renewable energy curtailment issue. We focus on an off-grid system where the system operator faces a stabilization problem due to surplus energy production, while electric vehicles seek to charge energy at a lower price. In our system model, the operator determines the incentive to encourage more charging facilities and electric vehicles to participate in the reverse demand response program. Charging facilities, acting as brokers, use a portion of these incentives to further encourage electric vehicle engagement. Electric vehicles follow the decisions made by the broker and system operator to determine their charging strategy within the system. Consequently, charging energy and incentives are allocated to the electric vehicles in proportion to their decisions. The paper investigates the economic benefits of individual participants and the contribution of power stabilization by implementing a hierarchical decision-making heterogeneous multi-leaders multi-followers Stackelberg game. By demonstrating the existence of a unique Nash Equilibrium, we show the effectiveness of the proposed model in an isolated microgrid environment. Full article

In the context of urban decarbonization, multi-energy microgrids (MEMGs) are gaining increasing relevance due to their ability to enhance synergies across multiple energy vectors. This study presents a block-based MILP framework developed to optimize the operations of a real MEMG, with a particular focus on accurately modeling the structure of electricity and natural gas bills. The objective is to assess the added economic value of integrating a battery energy storage system (BESS) under the assumption it is employed to provide implicit flexibility—namely, bill management, energy arbitrage, and peak shaving. Results show that under assumed market conditions, tariff schemes, and BESS costs, none of the analyzed BESS configurations achieve a positive net present value. However, a 2 MW/4 MWh BESS yields a 3.8% reduction in annual operating costs compared to the base case without storage, driven by increased self-consumption (+2.8%), reduced thermal energy waste (–6.4%), and a substantial decrease in power-based electricity charges (–77.9%). The performed sensitivity analyses indicate that even with a significantly higher day-ahead market price spread, the BESS is not sufficiently incentivized to perform pure energy arbitrage and that the effectiveness of a time-of-use power-based tariff depends not only on the level of price differentiation but also on the BESS size. Overall, this study provides insights into the role of BESS in MEMGs and highlights the need for electricity bill designs that better reward the provision of implicit flexibility by storage systems. Full article

Distributed photovoltaic (PV) generation is increasingly important for urban energy systems amid global climate change and the shift to renewable energy. Traditional PV deployment prioritizes maximizing energy output, often neglecting electricity price variability caused by time-of-use tariffs. This study develops a high-resolution planning and economic assessment model for building-integrated PV (BIPV) systems, incorporating hourly electricity real-time market prices, solar geometry, and submeter building spatial data. Wuhan (30.60° N, 114.05° E) serves as the case study to evaluate optimal PV placement and tilt angles on rooftops and façades, focusing on maximizing economic returns rather than energy production alone. The results indicate that adjusting rooftop PV tilt from a maximum generation angle (30°) to a maximum revenue angle (15°) slightly lowers generation but increases revenue, with west-facing orientations further improving returns by aligning output with peak electricity prices. For façades, south-facing panels yielded the highest output, while north-facing panels with tilt angles above 20° also showed significant potential. Façade PV systems demonstrated substantially higher generation potential—about 5 to 15 times that of rooftop PV systems under certain conditions. This model provides a spatially detailed, market-responsive framework supporting sustainable urban energy planning, quantifying economic and environmental benefits, and aligning with integrated approaches to urban sustainability. Full article

Our regression analysis documents that energy policies to promote renewable energy development, as well as hydroelectric imports from Canada, lead to short-run reductions in average electricity prices (also known as merit-order effects) throughout the Northeast United States. Changes in the reliance upon renewable energy in one of the Northeast’s three interconnected electricity markets will impact wholesale prices in the other two. The retirement of a 1000 MW nuclear plant can increase prices by about 9% in the Independent System Operator of New England market and 7% in the New York Independent System Operator market in the short run at reference hubs, while also raising prices in neighboring markets. Some proposed large-scale off-shore wind farms would not only lower prices in local markets at the reference hubs modeled but would also lower prices in neighboring markets. Full article

Cities serve as the primary arenas for achieving the strategic objectives of “carbon peak and carbon neutrality”. This study employed the LMDI method to systematically analyze the evolution trend of energy-related carbon emissions in Hong Kong and their influencing factors from 1980 to 2023. The main findings are as follows: (1) Hong Kong’s energy consumption structure remains dominated by coal and oil. Influenced by energy prices, significant shifts in this structure occurred across different periods. Imported electricity from mainland China, in particular, has exerted a promoting effect on the optimization of its energy consumption mix. (2) Economic output and population concentration are the primary drivers of increased carbon emissions. However, the contribution of economic growth to carbon emissions has gradually weakened in recent years due to a lack of new growth drivers. (3) Energy consumption intensity, energy consumption structure, and carbon intensity are the primary influencing factors in curbing carbon emissions. Among these, the carbon reduction impact of energy consumption intensity is the most significant. Hong Kong should continue to adopt a robust strategy for controlling total energy consumption to effectively mitigate carbon emissions. Additionally, it should remain vigilant regarding the potential implications of future energy price fluctuations. It is also essential to sustain cross-border energy cooperation, primarily based on electricity imports from the Pearl River Delta, while simultaneously expanding international and domestic supply channels for natural gas. Full article

Electric buses are key in the strategy towards a greenhouse-gas-neutral fleet. However, their restrictions in terms of range and refueling as well as their increased price point present new challenges for public transport companies. This study aims to address, based on real-world operational data, how energy consumption and charging behavior affect battery aging and how operational strategies can be optimized to extend battery life under realistic conditions. This article presents an energy consumption analysis with respect to ambient temperatures and average vehicle speed based exclusively on real-world data of an urban bus fleet, providing a data foundation for range forecasting and infrastructure planning optimized for public transport needs. Additionally, the State of Charge (SOC) window during operation and vehicle idle time as well as the charging power were analyzed in this case study to formulate recommendations towards a more battery-friendly treatment. The central research question is whether battery-friendly operational strategies—such as reduced charging power and lower SOC windows—can realistically be implemented in daily public transport operations. The impact of the recommendations on battery lifetime is estimated using a battery aging model on drive cycles. Finally, the reduction in CO₂ emissions compared to diesel buses is estimated. Full article

Driven by carbon neutrality and peak carbon policies, hydrogen energy, due to its zero-emission and renewable properties, is increasingly being used in hydrogen fuel cell vehicles (H-FCVs). However, the high cost and limited durability of H-FCVs hinder large-scale deployment. Hydrogen internal combustion engine hybrid electric vehicles (H-HEVs) are emerging as a viable alternative. Research on the techno-economics of H-HEVs remains limited, particularly in systematic comparisons with H-FCVs. This paper provides a comprehensive comparison of H-FCVs and H-HEVs in terms of total cost of ownership (TCO) and hydrogen consumption while proposing a multi-objective powertrain parameter optimization model. First, a quantitative model evaluates TCO from vehicle purchase to disposal. Second, a global dynamic programming method optimizes hydrogen consumption by incorporating cumulative energy costs into the TCO model. Finally, a genetic algorithm co-optimizes key design parameters to minimize TCO. Results show that with a battery capacity of 20.5 Ah and an H-FC peak power of 55 kW, H-FCV can achieve optimal fuel economy and hydrogen consumption. However, even with advanced technology, their TCO remains higher than that of H-HEVs. H-FCVs can only become cost-competitive if the unit power price of the fuel cell system is less than 4.6 times that of the hydrogen engine system, assuming negligible fuel cell degradation. In the short term, H-HEVs should be prioritized. Their adoption can also support the long-term development of H-FCVs through a complementary relationship. Full article

The Carbon Emissions Trading System (ETS) serves as a market-based mechanism to drive renewable energy (RE) investments, yet its heterogeneous impacts on different stakeholders remain underexplored. This paper treats the carbon market as an exogenous shock and develops a multi-agent equilibrium model incorporating carbon pricing, encompassing power generation enterprises, power transmission enterprises, power consumers, and the government, to analyze how carbon prices reshape RE investment layouts under dual-carbon goals. Using panel data from Zhejiang Province (2017–2022), a high-energy-consumption region with 25% net electricity imports, we simulate heterogeneous responses of agents to carbon price fluctuations (CNY 50–250/ton). The results show that RE on-grid electricity increases (+0.55% to +2.89%), while thermal power declines (–4.98% to −15.39%) on the generation side. Transmission-side RE sales rise (+3.25% to +9.74%), though total electricity sales decrease (−0.49% to −2.22%). On the consumption side, RE self-generation grows (+2.12% to +5.93%), yet higher carbon prices reduce overall utility (−0.44% to −2.05%). Furthermore, external electricity integration (peaking at 28.5% of sales in 2020) alleviates provincial entities’ carbon cost pressure under high carbon prices. This study offers systematic insights for renewable energy investment decisions and policy optimization. Full article

With the increasing integration of renewable energy and smart technologies in residential energy systems, proactive household energy management (HEM) have become critical for reducing costs, enhancing grid stability, and achieving sustainability goals. This study proposes a ultra-short-term forecasting-driven proactive energy consumption optimization strategy that integrates advanced forecasting models with multi-objective scheduling algorithms. By leveraging deep learning techniques like Graph Attention Network (GAT) architectures, the system predicts ultra-short-term household load profiles with high accuracy, addressing the volatility of residential energy use. Then, based on the predicted data, a comprehensive consideration of electricity costs, user comfort, carbon emission pricing, and grid load balance indicators is undertaken. This study proposes an enhanced mixed-integer optimization algorithm to collaboratively optimize multiple objective functions, thereby refining appliance scheduling, energy storage utilization, and grid interaction. Case studies demonstrate that integrating photovoltaic (PV) power generation forecasting and load forecasting models into a home energy management system, and adjusting the original power usage schedule based on predicted PV output and water heater demand, can effectively reduce electricity costs and carbon emissions without compromising user engagement in optimization. This approach helps promote energy-saving and low-carbon electricity consumption habits among users. Full article

A novel approach to managing domestic heating systems through IoT technologies is introduced in this paper. The system optimizes energy consumption by dynamically adapting to electricity and fuel price fluctuations while maintaining user comfort. Integrating smart devices significantly reduce energy costs and offer a favorable payback period, positioning the solution as both sustainable and economically viable. Efficient heating management is increasingly critical amid growing energy and environmental concerns. This strategy uses IoT devices to collect real-time data on prices, consumption, and user preferences. Based on this data, the system adjusts heating settings intelligently to balance comfort and cost savings. IoT connectivity manages continuous monitoring and dynamic optimization in response to changing conditions. This study includes a real-case comparison between a conventional central heating system and an IoT-managed electric radiator setup. By applying automation rules linked to energy pricing and user habits, the system enhances energy efficiency, especially in cold climates. The economic evaluation shows that using low-cost IoT devices yields meaningful savings and achieves equipment payback within approximately three years. The results demonstrate the system’s effectiveness, demonstrating that smart, adaptive heating solutions can cut energy expenses without sacrificing comfort, while offering environmental and financial benefits. Full article