Economic Optimization of Campus Energy System Using Real Time Pricing
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This thesis aims to design a community energy system (CES) with controls optimizing for cost savings. This research treats electrical and thermal domains as an integrated system to find a global minimum cost of a community energy system. A proposed methodology to quantify an electric grid user's greenhouse gas (GHG) emission is presented and then demonstrated with a case study. Furthermore, an optimization methodology is presented to lower an electrical grid user's electrical bill through the implementation of a battery energy storage system. This cost optimization showcases with a case study demonstrating that optimizing to lower costs has an added benefit of lowering GHG emissions and removing peak demand capacity from the grid. This optimization methodology is than expanded to lowering a CES's electrical and gas bill by way of controlling an on-site generator, a battery energy storage system and a thermal energy storage system.
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Copyright © 2018 the author(s). Theses may be used for non-commercial research, educational, or related academic purposes only. Such uses include personal study, research, scholarship, and teaching. Theses may only be shared by linking to Carleton University Institutional Repository and no part may be used without proper attribution to the author. No part may be used for commercial purposes directly or indirectly via a for-profit platform; no adaptation or derivative works are permitted without consent from the copyright owner.
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- 2018
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st-jacques-economicoptimizationofcampusenergysystemusing.pdf | 2023-05-05 | Public | Download |