Optimal Regional Electricity Trading using P-Graph

Original scientific paper

Journal of Sustainable Development of Natural Resources Management
Volume 1, Issue 2, 1010598
DOI: https://doi.org/10.13044/j.sdnarema.d1.0598
YiXin Lim1, Omar Nemir1, Li Leon Chua1, Shu Yao Wong1, Dominic Foo2 , Neil Stephen A. Lopez3, Raymond R. Tan3, Dominic C.Y. Foo1
1 University of Nottingham Malaysia, Semenyih, Malaysia
2 University of Nottingham, Selangor, Malaysia
3 De La Salle University, Manila, Philippines

Abstract

Many countries face the challenge of growing electricity demand, greenhouse gas emissions limits, and energy security goals. Decision support models can help plan energy systems to balance these considerations. In this paper, a P-graph optimisation model was developed to aid regional energy planning while considering current power generation capacity and potential growth. The model was demonstrated for two case studies:  regional electricity trading in the Association of Southeast Asian Nations (ASEAN) and Canadian provinces. The Paris Agreement targets for 2030 were considered in both regions. For the ASEAN case, it was found that 289.33 TWh/y of renewable energy should be introduced to meet future demands. The change of allocation with cost and carbon emissions constraints was also analysed.  For Canada, Alberta would need 36.02 TWh/y of additional hydropower or wind, or 41.16 TWh/y of additional solar energy. If nuclear energy were considered, at least 36.25 TWh/y would be needed.

Keywords: Process graph; Energy planning; Electricity trading; Climate change mitigation; Renewable energy; Decarbonization: Energy planning; Electricity trading; Climate change mitigation; Renewable energy; Decarbonization

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