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3784. Modeling electricity consumption flexibility to determine the optimal medium-term electricity procurement for cement producers
Invited abstract in session MB-14: Flexibility in future energy systems, stream Energy Markets.
Monday, 10:30-12:00Room: 16 (building: 116)
Authors (first author is the speaker)
| 1. | Miguel Carrión
|
| Electrical Engineering, Universidad de Castilla - La Mancha | |
| 2. | JOSE ARELLANO
|
| Universidad de Castilla-La Mancha | |
| 3. | Álvaro García-Cerezo
|
| Electrical Engineering, Universidad de Castilla-La Mancha |
Abstract
With the current economic and energy situation, it's crucial for large electricity consumers to thoughtfully consider their electricity options. This work aims to determine the optimal approach for cement manufacturers to decide their electricity procurement sources. The available options include grid electricity purchase, bilateral contracts, and the utilization of a solar photovoltaic installation and batteries. Furthermore, we analyze the flexibility in electricity consumption by modeling all stages of cement production. The proposed approach is a mid-term decision-making tool considering different sources of uncertainties, formulated through a two-stage stochastic programming approach. To validate our approach, we have conducted several case studies based on a real cement producer based in Spain.
Keywords
- Electricity Markets
- Stochastic Optimization
- Capacity Planning
Status: accepted
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