Loading...
Search for: investments
0.006 seconds

    Reliability-Based expansion planning studies of active distribution networks with multiagents

    , Article IEEE Transactions on Smart Grid ; Volume 13, Issue 6 , 2022 , Pages 4610-4623 ; 19493053 (ISSN) Kabirifar, M ; Fotuhi Firuzabad, M ; Moeini Aghtaie, M ; Pourghaderi, N ; Shahidehpour, M ; Sharif University of Technology
    Institute of Electrical and Electronics Engineers Inc  2022
    Abstract
    In this paper, a multi-agent framework is proposed to address the expansion planning problem in a restructured active distribution network. In this framework, the objective and techno-economic constraints of participating agents are addressed in the expansion planning of power network and DER assets as well as the network and DERs optimal operation management. The agents include distributed generator owners and load aggregators which participate along with the distribution network operator (DNO) in the active distribution network planning. The proposed framework is formulated as a bi-level optimization problem with multi-lower levels in which the DNO optimizes the network expansion planning... 

    An economic evaluation framework for cryptocurrency mining operation in microgrids

    , Article International Journal of Electrical Power and Energy Systems ; Volume 142 , 2022 ; 01420615 (ISSN) Hajipour, E ; Khavari, F ; Hajiaghapour Moghimi, M ; Azimi Hosseini, K ; Vakilian, M ; Sharif University of Technology
    Elsevier Ltd  2022
    Abstract
    The introduction of cryptocurrencies as a new form of money has attracted a tremendous amount of attention in recent years. This new financial paradigm relies on miners to validate transactions by running their cryptocurrency mining devices (CMDs). Nowadays, the significant profitability of the mining business has tempted a large number of private players in the electrical industry to employ their renewable energy resources to mine digital currency. Here, microgrid (MG) owners may use their excessive generated power to mine digital money instead of exporting it to the main grid. This paper is devoted to investigate the influential potentials of this trending business on distribution networks... 

    Bi-level planning of distributed energy resources into existing transmission grids: Pathway to sustainable energy systems

    , Article IET Generation, Transmission and Distribution ; Volume 16, Issue 24 , 2022 , Pages 4963-4979 ; 17518687 (ISSN) Ranjbar, H ; Saber, H ; Sharifzadeh, M ; Sharif University of Technology
    John Wiley and Sons Inc  2022
    Abstract
    This paper presents a novel stochastic planning framework for the integration of renewable distributed energy resources (DERs) into existing power systems without relying on new investments in the transmission networks. The upper-level problem of the proposed model aims at minimizing the total expected social cost of supplying demand that includes the expected cost of getting energy from conventional generating units and DERs, the congestion cost of transmission networks, and the greenhouse gas (GHG) emission cost, while each of the privately invested DER satisfies a specified rate of return. The lower-level problem clears the electricity market to find locational marginal prices (LMPs) and... 

    A Bi-Level framework for expansion planning in active power distribution networks

    , Article IEEE Transactions on Power Systems ; Volume 37, Issue 4 , 2022 , Pages 2639-2654 ; 08858950 (ISSN) Kabirifar, M ; Fotuhi Firuzabad, M ; Moeini Aghtaie, M ; Pourghaderi, N ; Dehghanian, P ; Sharif University of Technology
    Institute of Electrical and Electronics Engineers Inc  2022
    Abstract
    This paper presents a new framework for multistage expansion planning in active power distribution networks, in which the distribution system operator (DSO) considers active network management by clearing the local energy market at the distribution level. The proposed model is formulated as a bi-level optimization problem, where the upper level minimizes the net present value of the total costs imposed to DSO associated with the investment and maintenance of the network assets as well as the network operation, while the lower level on clearing the local energy market captures the participation of distributed energy resource (DER) owners and demand aggregators to maximize the social welfare.... 

    An economic investigation of the wind-hydrogen projects: A case study

    , Article International Journal of Hydrogen Energy ; Volume 47, Issue 62 , 2022 , Pages 25880-25898 ; 03603199 (ISSN) Almutairi, K ; Hosseini Dehshiri, S. S ; Hosseini Dehshiri, S. J ; Mostafaeipour, A ; Techato, K ; Sharif University of Technology
    Elsevier Ltd  2022
    Abstract
    Hydrogen as an energy carrier can play a significant role in reducing environmental emissions if it is produced from renewable energy resources. This research aims to assess hydrogen production from wind energy considering environmental, economic, and technical aspect for the East Azerbaijan province of Iran. The economic assessment is performed by calculation of payback period, levelized cost of hydrogen, and levelized cost of electricity. Since uncertainty in the power output of wind turbines may affect the payback period, all calculations are performed for four different turbine degradation rates. While it is common in the literature to choose the wind turbine based on a single criterion,... 

    Maximizing the utilization of existing grids for renewable energy integration

    , Article Renewable Energy ; Volume 189 , 2022 , Pages 618-629 ; 09601481 (ISSN) Ranjbar, H ; Kazemi, M ; Amjady, N ; Zareipour, H ; Hosseini, S. H ; Sharif University of Technology
    Elsevier Ltd  2022
    Abstract
    This paper presents a new model to maximize the utilization of existing transmission system infrastructure by optimally sizing and siting the future developments of variable renewable energy sources (VRES). The model tries to maximize the integration of VRES in power systems with minimum expected energy curtailment without relying on new investments in the transmission systems. The proposed model is formulated as a linear stochastic programming optimization problem where VRES output scenarios are generated such that their spatio-temporal correlations are maintained. The Progressive Hedging Algorithm (PHA) with bundled scenarios is utilized to solve the proposed model for large-scale cases.... 

    A linearized transmission expansion planning model under N − 1 criterion for enhancing grid-scale system flexibility via compressed air energy storage integration

    , Article IET Generation, Transmission and Distribution ; Volume 16, Issue 2 , 2022 , Pages 208-218 ; 17518687 (ISSN) Mazaheri, H ; Moeini Aghtaie, M ; Fotuhi Firuzabad, M ; Dehghanian, P ; Khoshjahan, M ; Sharif University of Technology
    John Wiley and Sons Inc  2022
    Abstract
    The concept of flexibility is defined as the power systems’ ability to effectively respond to changes in power generation and demand profiles to maintain the supply–demand balance. However, the inherent flexibility margins required for successful operation have been recently challenged by the unprecedented arrival of uncertainties, driven by constantly changing demand, failure of conventional units, and the intermittent outputs of renewable energy sources (RES). Tackling these challenges, energy storage systems (ESS) as one important player of the new power grids can enhance the system flexibility. It, therefore, calls for an efficient planning procedure to ensure flexibility margins by... 

    A multi-agent deep reinforcement learning framework for algorithmic trading in financial markets

    , Article Expert Systems with Applications ; Volume 208 , 2022 ; 09574174 (ISSN) Shavandi, A ; Khedmati, M ; Sharif University of Technology
    Elsevier Ltd  2022
    Abstract
    Algorithmic trading based on machine learning is a developing and promising field of research. Financial markets have a complex, uncertain, and dynamic nature, making them challenging for trading. Some financial theories, such as the fractal market hypothesis, believe that the markets behave based on the collective psychology of investors who trade with different investment horizons and interpretations of information. Accordingly, a multi-agent deep reinforcement learning framework is proposed in this paper to trade on the collective intelligence of multiple agents, each of which is an expert trader on a specific timeframe. The proposed framework works in a hierarchical structure in which... 

    Probabilistic worth assessment of distributed static series compensators

    , Article IEEE Transactions on Power Delivery ; Vol. 26, issue. 3 , 2011 , p. 1734-1743 ; ISSN: 08858977 Dorostkar-Ghamsari, M ; Fotuhi-Firuzabad, M ; Aminifar, F ; Sharif University of Technology
    Abstract
    The deployment of flexible ac transmission system (FACTS) devices, despite miscellaneous benefits and applications, has been restricted mainly due to their large investment costs. Accordingly, the notion of distributed FACTS (D-FACTS) was recently proposed. Distributed static series compensators (DSSCs), as a new member of D-FACTS, are directly clamped to conductors of transmission lines. The possibility of controlling the compensation rate of DSSCs from the control center affords the active control of network power flow. This paper presents a comprehensive reliability model for the DSSC. The model is then reduced and a state-space representation is extracted for a transmission line with a... 

    Probabilistic worth assessment of distributed static series compensators

    , Article IEEE Transactions on Power Delivery ; Volume 26, Issue 3 , July , 2011 , Pages 1734-1743 ; 08858977 (ISSN) Dorostkar Ghamsari, M ; Fotuhi Firuzabad, M ; Aminifar, F ; Sharif University of Technology
    2011
    Abstract
    The deployment of flexible ac transmission system (FACTS) devices, despite miscellaneous benefits and applications, has been restricted mainly due to their large investment costs. Accordingly, the notion of distributed FACTS (D-FACTS) was recently proposed. Distributed static series compensators (DSSCs), as a new member of D-FACTS, are directly clamped to conductors of transmission lines. The possibility of controlling the compensation rate of DSSCs from the control center affords the active control of network power flow. This paper presents a comprehensive reliability model for the DSSC. The model is then reduced and a state-space representation is extracted for a transmission line with a... 

    A practical eco-environmental distribution network planning model including fuel cells and non-renewable distributed energy resources

    , Article Renewable Energy ; Volume 36, Issue 1 , 2011 , Pages 179-188 ; 09601481 (ISSN) Soroudi, A ; Ehsan, M ; Zareipour, H ; Sharif University of Technology
    Abstract
    This paper presents a long-term dynamic multi-objective planning model for distribution network expansion along with distributed energy options. The proposed model optimizes two objectives, namely costs and emissions and determines the optimal schemes of sizing, placement and specially the dynamics (i.e., timing) of investments on distributed generation units and network reinforcements over the planning period. An efficient two-stage heuristic method is proposed to solve the formulated planning problem. The effectiveness of the proposed model is demonstrated by applying it to a distribution network and comparing the simulation results with other methods and models  

    Investigations on the effects of the tool material, geometry, and tilt angle on friction stir welding of pure titanium

    , Article Journal of Materials Engineering and Performance ; Volume 19, Issue 7 , 2010 , Pages 955-962 ; 10599495 (ISSN) Reshad Seighalani, K ; Besharati Givi, M. K ; Nasiri, A. M ; Bahemmat, P ; Sharif University of Technology
    2010
    Abstract
    Friction stir welding (FSW) parameters, such as tool material, tool geometry, tilt angle, tool rotational speed, welding speed, and axial force play a major role in the weld quality of titanium alloys. Because of excessive erosion, tool material and geometry play the main roles in FSW of titanium alloys. Therefore, in the present work for the first time, tool material and geometry, tool tilt angle, cooling system and shielding gas effects on macrostructure, microstructure, and mechanical properties of pure titanium weld joint were investigated. Result of this research shows that Ti can be joined by the FSW, using a tool with a shoulder made of tungsten (W) and simple pin made of tungsten... 

    Conceptual design and techno-economic assessment of integrated solar combined cycle system with DSG technology

    , Article Solar Energy ; Volume 84, Issue 9 , September , 2010 , Pages 1696-1705 ; 0038092X (ISSN) Nezammahalleh, H ; Farhadi, F ; Tanhaemami, M ; Sharif University of Technology
    2010
    Abstract
    Direct steam generation (DSG) in parabolic trough collectors causes an increase to competitiveness of solar thermal power plants (STPP) by substitution of oil with direct steam generation that results in lower investment and operating costs. In this study the integrated solar combined cycle system with DSG technology is introduced and techno-economic assessment of this plant is reported compared with two conventional cases. Three considered cases are: an integrated solar combined cycle system with DSG technology (ISCCS-DSG), a solar electric generating system (SEGS), and an integrated solar combined cycle system with HTF (heat transfer fluid) technology (ISCCS-HTF).This study shows that... 

    A distribution network expansion planning model considering distributed generation options and techo-economical issues

    , Article Energy ; Volume 35, Issue 8 , 2010 , Pages 3364-3374 ; 03605442 (ISSN) Soroudi, A ; Ehsan, M ; Sharif University of Technology
    Abstract
    This paper presents a dynamic multi-objective model for distribution network expansion, considering the distributed generations as non-wire solutions. The proposed model simultaneously optimizes two objectives namely, total costs and technical constraint satisfaction by finding the optimal schemes of sizing, placement and specially the dynamics (i.e., timing) of investments on DG units and/or network reinforcements over the planning period. An efficient heuristic search method is proposed to find non-dominated solutions of the formulated problem and a fuzzy satisfying method is used to choose the final solution. The effectiveness of the proposed model and search method are assessed and... 

    Energy, economic and environmental (3E) analysis of a micro gas turbine employed for on-site combined heat and power production

    , Article Energy and Buildings ; Volume 42, Issue 2 , 2010 , Pages 259-264 ; 03787788 (ISSN) Ehyaei, M. A ; Mozafari, A ; Sharif University of Technology
    2010
    Abstract
    This paper studies the optimization of micro turbine application to meet the electrical, heating and cooling loads of a building by energy, economics and environmental analysis. In this study following three cases are considered: 1: A simple micro gas turbine to meet the electrical power of the building. 2: A simple micro gas turbine to meet the electrical power of the building as well as the power required by heat pump and mechanical refrigerator needed for heating, cooling and domestic hot water (DHW) systems. 3: A CHP micro gas turbine to meet the electrical power of the building as well as part of the power required by heat pump and mechanical refrigerator needed for heating, cooling and... 

    A review of global gas flaring and venting and impact on the environment: Case study of Iran

    , Article International Journal of Greenhouse Gas Control ; Volume 49 , 2016 , Pages 488-509 ; 17505836 (ISSN) Soltanieh, M ; Zohrabian, A ; Gholipour, M. J ; Kalnay, E ; Sharif University of Technology
    Elsevier Ltd 
    Abstract
    After a brief review of the global gas flaring and venting in oil industries including the emission of air pollutants and greenhouse gases and the amount of energy resources wasted, the focus is on Iran as a major oil producing and the world's third largest gas flaring country. Gas flaring is also practiced in natural gas industries, petroleum refining and petrochemical plants, although the level of emission is very low compared with emissions from oil production. The historical emission of these gases globally and Iran specifically, geographic location of emission sources, composition of gases, environmental impacts of gas flaring and the current and future projects to mitigate emissions... 

    Economic and environmental evaluation of different operation alternatives to aquifer thermal energy storage in Tehran, Iran

    , Article Scientia Iranica ; Volume 24, Issue 2 , 2017 , Pages 610-623 ; 10263098 (ISSN) Ghaebi, H ; Bahadori, M. N ; Saidi, M. H ; Sharif University of Technology
    Sharif University of Technology  2017
    Abstract
    Aquifers are underground porous formations containing water. Confined aquifers are surrounded by impermeable layers on top and bottom, called cap rocks and bed rocks. A confined aquifer with a very low groundwater flow velocity was considered to meet the annual cooling and heating energy requirements of a residential building complex in Tehran, Iran. Three different alternatives of Aquifer Thermal Energy Storage (ATES) were employed to meet the heating/cooling demands of the buildings. These alternatives were using ATES for: Cooling alone, heating alone by coupling with at-plate solar collectors, and cooling and heating by coupling with a heat pump. For the economic evaluation of the... 

    Linear parabolic trough solar power plant assisted with latent thermal energy storage system: A dynamic simulation

    , Article Applied Thermal Engineering ; Volume 161 , 2019 ; 13594311 (ISSN) Jafari Mosleh, H ; Ahmadi, R ; Sharif University of Technology
    Elsevier Ltd  2019
    Abstract
    One of the efficient solar energy harvesting technics is the parabolic trough concentrated solar power plant. However, if the concentrated solar power plant were not equipped with a storage system, the power plant capacity factor would be deficient. Latent thermal energy storage system using phase change material (PCM) is a high energy density storage system to provide durable energy with a constant temperature. In this study, first, a dynamic analysis is performed implementing TRNSYS software on the parabolic trough concentrated solar power plant located in Shiraz, Iran. Consequently, this system is assisted by the latent thermal energy storage system to improve its performance and capacity... 

    A techno-economic analysis of geothermal ejector cooling system

    , Article Energy ; Volume 193 , 15 February , 2020 Habibi, M ; Aligolzadeh, F ; Hakkaki Fard, A ; Sharif University of Technology
    Elsevier Ltd  2020
    Abstract
    Ground-coupled ejector cooling (GCEC) systems have been introduced to solve the air-coupled ejector cooling (ACEC) systems problems. To date, no research study is dedicated to compare the GCEC and the ACEC systems and determine the relative payback period of the GCEC system vs. the ACEC system. Furthermore, almost all the previous studies simulated the GCEC systems by elementary models. Therefore, a comprehensive simulation is conducted to assess the techno-economic performance of a GCEC system. The model consists of the ejector and the borehole heat exchanger submodels. The first section of the results compares the ACEC system and the GCEC system during a cooling season. The seasonal... 

    Development of a multi-objective decision-making model to recover flare gases in a multi flare gases zone

    , Article Energy ; Volume 203 , 2020 Hamidzadeh, Z ; Sattari, S ; Soltanieh, M ; Vatani, A ; Sharif University of Technology
    Elsevier Ltd  2020
    Abstract
    In this paper, a systematic investigation and modeling of all available technologies (such as NGL, injection in pipelines, LNG, GTL, NGH, and CNG plants, EOR, electricity production by thermal power plants, and water generation by MED technologies) for flare gas recovery has been developed. An optimal combination of the technologies has been proposed for flare gas recovery of five oil wells in the south of Iran with different specifications as case studies. The optimal combinations of all the technologies have been investigated with minimizing the payback period of capital costs (economical) and maximizing CO2 pollutant reduction (environmental) objective functions by using the genetic...