Sharing Economy in Energy Systems: An Equilibrium Model in Electricity-Heat Nexus

Wednesday, February 20, 2019 - 3:00pm to 3:30pm

Event Calendar Category

LIDS & Stats Tea

Speaker Name

Jingwei Yang


Tshinghua University

Building and Room Number

LIDS Lounge


District heating system is the major form of heat supply in many countries. However, the system lacks the motivation to utilize the thermal energy storage in the heat generation scheduling of combined heat and power plants, which leads to inflexibility in power system operation and renewable energy curtailment. We apply the idea of sharing economy in the electricity-heat nexus by sharing the benefit of renewable energy integration. An equilibrium model is formulated and solved with KKT optimal conditions to determine the best sharing mechanism between the two systems.


Jingwei Yang received the B.E. degree in Electrical Engineering from Tsinghua University, China, in 2015, where he is currently working toward the Ph.D. degree. His advisor is Prof. Chongqing Kang. He is now a visiting Ph.D. student in the Laboratory for Information and Decision Systems at Massachusetts Institute of Technology with Audun Botterud. His research focuses on integrated energy systems and network optimization.