• Energy Research
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Abstract To guarantee the space heating in the heating season, conventional combined heat and power (CHP) plants operate in a heat-controlled operation mode, resulting in restricted peak-shaving ability (PSA). To improve the CHP plant’s PSA, a novel solar aided CHP (SA-CHP) system is proposed and simulated in this paper. In the new system, solar heat could be flexibly used to generate power or to supply heat according to the heating and power demands, thereby realizing the heat-power decoupling. A set of models for the SA-CHP system is developed and validated. The PSA, the standard coal consumption (SCC) and the techno-economic performances of a 330 MWe SA-CHP system are comprehensively analyzed in this paper. The results show that the SA-CHP system can significantly improve (up to double) the PSA compared with the CHP plant under the same rated heating power. The feasible operation region area of the SA-CHP system is 74.7% larger than that of the CHP plant. The annual SCC of the SA-CHP system are 17378.23 t less than that of the CHP plant. The net annual revenue of the SA-CHP system is $2.24 M. Besides, techno-economic performances of SA-CHP systems with two different heat storage systems are compared.

Abstract To understand the relationship between green building energy performance and regional commercial estates, this study analysed Australia’s Commercial Building Disclosure (CBD) program database. This database discloses the annual energy use intensity (EUI) and the corresponding energy rating (1–6 stars) of 2460 National Australian Built Environment Rating System (NABERS) certified office buildings. The study selected for analysis Australia’s six largest cities and then used panel data regression, where commercial estate factors (total stock of office buildings, vacancy rate, average gross face rent, and government incentives such as financial support) served as independent variables and the EUI was the dependent variable. The p-values of all the models are below 0.05, indicating that the results are statistically significant. Results showed the commercial real estate factors were significantly related to the EUI for buildings with a rating of 1 star and above. The correlation between EUI and commercial real estate factors became less strong with the rating level increasing. The effect of ‘green building’ branding makes the office buildings more attractive with regard to tenancy and their energy performance more reflective of the variation in the commercial real estate market. This study is a frontrunner in contextualising green building energy performance and ratings in the context of regional commercial estate, and the regression models employed in the study could be used to define regional baselines for energy ratings in future studies.

Abstract In energy demand forecasting, the objective function is often symmetric, implying that over-prediction errors and under-prediction errors have the same consequences. In practice, these two types of errors generally incur very different costs. To accommodate this, we propose a machine learning algorithm with a cost-oriented asymmetric loss function in the training procedure. Specifically, we develop a new support vector regression incorporating a linear-linear cost function and the insensitivity parameter for sufficient fitting. The electric load data from the state of New South Wales in Australia is used to show the superiority of our proposed framework. Compared with the basic support vector regression, our new asymmetric support vector regression framework for multi-step load forecasting results in a daily economic cost reduction ranging from 42.19 % to 57.39 % , depending on the actual cost ratio of the two types of errors.

Abstract Using a panel data analysis of a newly developed sample of monthly data by state for January 2005 to December 2019, we estimate a series of error correction models for US residential electricity demand postulated to move with electricity price, natural gas price, income, and weather. Our key findings are as follows. First, the short-run own-price elasticity estimate is not statistically different from zero (p-value > 0.8). Second, the long-run own- and cross-price elasticity estimates are −0.054 (p-value = 0.000) and 0.019 (p-value = 0.000) under the double-log specification, smaller in size than the long-run own- and cross-price elasticity estimates of −0.120 (p-value = 0.000) and 0.069 (p-value = 0.000) under the linear demand specification. Third, price elasticity estimates have been shrinking in size over time. Fourth, erroneously ignoring the panel data's cross-sectional dependence tends to more than double the long-run price elasticity estimates. Fifth, mismatching the timing of price information's availability and consumption decision leads to anomalous price elasticity estimates. Finally, our new empirics' key takeaway of low price-responsiveness supports continuation of energy efficiency standards and demand-side management programs.

In Malaysia, palm oil mill (POM) retrofit towards pollution control is vital to receive mandatory certification. Resource, waste, energy and water integrations could be performed between POM, palm oil refinery (POR) and conventional heat and power plant (CHP) under different owners to form a sustainable integrated palm oil-based complex (POBC). A cooperative game context is applied where multi-owner POM, POR and CHP act as multiple “players” in the POBC “game”. This study presents a systematic optimisation framework to design a sustainable multi-owner POBC. Firstly, five objectives related to economic, environmental and energy potentials are balanced using fuzzy optimisation approach to yield multi-objective optimal POBCs under four facility construction scenarios. Subsequently, profit-cost allocation within the multi-owner POBC is performed via an integrated cooperative game-based approach. The four fuzzy optimal POME-eliminated POBCs achieved economic potentials at 39.71 × 106- 40.84 × 106 USD/y with maximum λ (0.652). The profit-cost allocation results show economic potential improvements at 0.12 × 106- 0.46 × 106 USD/y for the multi-owner POBC facilities. POM is the major GP receiver whereas CHP benefits the most from POBC collaboration. The optimal multi-owner POBCs are economically feasible upon decision-makers' interest and robust against investment cost variations. The increment in Feed-in Tariff and biomass-based steam price reduces the economic stability of multi-owner POBC.