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Motivated by the recent boom of the sharing economy, this paper presents a scheme of sharing demand-side energy resources (DERs) among multiple prosumers. Successful sharing must achieve enhanced utilization efficiency of DERs and, in the mean time, ensure voluntary participation of prosumers and a sharing-enabling aggregator. It is also desirable to incentivize the adoption of DERs. To fulfill these...
The increasingly serious renewable generation curtailment in many countries reflects the drawbacks of current planning approach, which separates power source planning and grid expansion planning. In addition, resources in demand side should no longer be ignored in power planning with gradually mature policies related to energy efficiency and demand response. To fill this gap, this paper proposes a...
Tackling coal-burning industrial boilers is one of the key solutions to meeting the climate change and solving the environmental problem in China. Assessing the economics of various options to address coal-fired boilers is essential to identify cost-effective solutions. This paper discusses our work in conducting a comprehensive techno-economic analysis to evaluate various strategies for improving...
Facing the mounting pressures of meeting energy and environment needs and reducing its dependence for fossil fuels, China needs to make more effort to develop renewable energy. This paper attempts to use portfolio theory to optimize China's overall energy system with considering the learning curve effect of renewable energy cost and the characteristic of fossil energy cost increasing over time. It...
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