A demand response strategy for air compressors network with optimal production and energy utilisation

This study proposes a novel approach that integrates demand response strategy with operational scheduling to investigate the process flexibility in the operational performance under time-sensitive electricity tariffs and to provide cost-benefit analysis to industrial consumers. The proposed approach...

Full description

Saved in:
Bibliographic Details
Published in:Energy efficiency 2024-04, Vol.17 (4), p.31, Article 31
Main Authors: Zulkafli, Nur Izyan, Jelas, Mohamad Asyraf Mohamed, Sulaima, Mohamad Fani, Sukri, Mohamad Firdaus, Tahir, Musthafah Mohd, Hanak, Dawid P., Kopanos, Georgios M.
Format: Article
Language:English
Subjects:
Air compressors
Consumers
Cost benefit analysis
Cost control
Cost reduction
Economics and Management
Electric power demand
Electric power rates
Energy
Energy Efficiency
Energy industry
Energy management
Energy Policy
Energy utilization
Environment
Environmental Economics
Flexibility
Integer programming
Linear programming
Original Article
Renewable and Green Energy
Sustainable Development
Tariffs
Time of use electricity pricing
Citations: Items that this one cites
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This study proposes a novel approach that integrates demand response strategy with operational scheduling to investigate the process flexibility in the operational performance under time-sensitive electricity tariffs and to provide cost-benefit analysis to industrial consumers. The proposed approach focused on implementing a demand response strategy with integrated process flexibilities at the supply side, storage and demand side in a case study of scheduling for an industrial network of compressors for Time of Use and Enhanced Time of Use energy tariff. The optimisation framework was developed as a mixed-integer linear programming model. The implementation of the demand response strategy resulted in a total cost reduction of between 5 and 13%. Furthermore, a considerable cost saving was shown to be achievable for the Enhanced Time of Use energy tariff since it offers an extensive off-peak time zone during the night hours and on the weekend. It is concluded that the study highlights the operational performance goal of achieving cost savings by implementing a demand response strategy for energy industries. Graphical Abstract
ISSN:1570-646X
1570-6478
DOI:10.1007/s12053-024-10218-9