Optimal operation of interconnected energy hubs by using decomposed hybrid particle swarm and interior-point approach

The Energy Hub has become an important concept for formally optimizing multi-carrier energy infrastructure to increase system flexibility and efficiency. The existence of energy storage within energy hubs enables the dynamic coordination of energy supply and demand against varying energy tariffs and local renewable generation to save energy cost. The battery lifetime cost may be included in the optimization objective function to better utilize battery for long term use. However, the operational optimization of an interconnected energy hub system with battery lifetime considered presents a highly constrained, multi period, non-convex problem. This paper proposes Particle Swarm Optimization (PSO) hybridised with a numerical method, referred to collectively as the decomposition technique. It decouples the complicated optimization problem into sub-problems, namely the scheduling of storage and other elements in the energy hub system, and separately solves these by PSO and the numerical method 'interior-point'. This approach thus overcomes the disadvantages of numerical methods and artificial intelligence algorithms that suffer from convergence only to a local minimum or prohibitive computation times, respectively. The new approach is applied to an example two-hub system and a three-hub system over a time horizon of 24 h. It is also applied to a large eleven-hub system to test the performance of the approach and discuss the potential applications. The results demonstrate that the method is capable of achieving very near the global minimum, verified by an analytical approach, and is fast enough to allow an online, receding time horizon implementation. (C) 2017 Elsevier Ltd. All rights reserved.