Optimization of Dispatching Electricity Market with Consideration of a Solar-Assisted Coal-Fired Power Generation System

Abstract

This study investigates the multi-objective optimization of load dispatch of a solar-assisted coal-fired power generation system. The improved environmental/economic load dispatch model considers coal consumption, NOx emissions, and power purchase cost. The singular weighted method is utilized to solve this multi-objective and multi-constraint optimization problem. A power system that includes five power generators, one of which is retrofitted to a solar-assisted coal-fired unit, is also analyzed. It can be concluded that the loads of solar-assisted coal-fired units are higher than the original coal-fired unit, and with the increase of solar radiation, the gap between the loads of two units also increases. In addition, after retrofitting, the coal consumption, the NOx emission, and power costs of units reduce by about 2.05%, 0.45%, and 0.14%, respectively. From the study on the on-grid power tariff, where the tariff drops from 16.29 cents/kWh to 3.26 cents/kWh, NOx emissions drop from 12.31 t to 11.28 t per day, a reduction of about 8.38%. The cost of purchasing electricity decreases from $ 2,982,161.8 to $ 2,020,505.0 per day, a decrease of 32.25%. Therefore, when both coal-fired units and solar-assisted coal-fired units exist in a region, the use of solar-assisted coal-fired power generation units should be prioritized.