IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v332y2025ics0360544225024600.html

Environmental and economic optimization of office building microgrid based on carbon-electricity market and improved Harris Hawks optimization algorithm

Author

Listed:
  • Yuqi, Zhang
  • Bing, Wang
  • Yuquan, Chen
  • Zhen, Zhong
  • Qiang, Huang

Abstract

To improve access to renewable energy and promote economic development, office buildings require microgrids. Meanwhile, with the implementation of China's "dual-carbon" targets and the unified carbon market, how small and medium-sized renewable energy generation units, represented by office building microgrids, can participate in the carbon-electricity market and obtain economic benefits through it is a question that must be considered in the future. Therefore, this paper first establishes a carbon-electricity market model incorporating small and medium-sized renewable energy producers such as office building microgrids, and simulates the changes in carbon prices and electricity prices after their integration into the carbon-electricity market. Secondly, aiming to minimize total economic costs, an economic optimization model for office building microgrids based on the carbon-electricity market is constructed, and an improved Harris Hawks Optimization (HHO) algorithm is employed to solve it. The research results indicate that, on the one hand, this model effectively promotes the development of China's carbon market by advancing the timing of the carbon price peak by 10 % and extending its duration by 50 %, thereby accelerating the transformation of the social energy structure. On the other hand, office building microgrids operating based on the carbon-electricity market and utilizing economic optimization effectively reduce economic costs, with economic benefits increasing by 43.4 % in typical months of spring and autumn, and economic costs decreasing by 19.1 % in typical months of winter and summer. Additionally, the loss of energy storage equipment is significantly reduced, which not only promotes the development of renewable energy and protects the environment but also enhances economic growth and facilitates the better development of enterprises.

Suggested Citation

  • Yuqi, Zhang & Bing, Wang & Yuquan, Chen & Zhen, Zhong & Qiang, Huang, 2025. "Environmental and economic optimization of office building microgrid based on carbon-electricity market and improved Harris Hawks optimization algorithm," Energy, Elsevier, vol. 332(C).
  • Handle: RePEc:eee:energy:v:332:y:2025:i:c:s0360544225024600
    DOI: 10.1016/j.energy.2025.136818

    Download full text from publisher

    As the access to this document is restricted, you may want to for a different version of it.

    References listed on IDEAS

    1. Das, Barun K. & Hasan, Mahmudul, 2021. "Optimal sizing of a stand-alone hybrid system for electric and thermal loads using excess energy and waste heat," Energy, Elsevier, vol. 214(C).
    2. Natalia Fabra & Mar Reguant, 2014. "Pass-Through of Emissions Costs in Electricity Markets," American Economic Review, American Economic Association, vol. 104(9), pages 2872-2899, September.
    3. Du, Gang & Yu, Meng & Sun, Chuanwang & Han, Zhao, 2021. "Green innovation effect of emission trading policy on pilot areas and neighboring areas: An analysis based on the spatial econometric model," Energy Policy, Elsevier, vol. 156(C).
    4. Kazaz, Oguzhan & Karimi, Nader & Paul, Manosh C., 2024. "Optically functional bio-based phase change material nanocapsules for highly efficient conversion of sunlight to heat and thermal storage," Energy, Elsevier, vol. 305(C).
    5. Zhu, Bangzhu & Ye, Shunxin & Han, Dong & Wang, Ping & He, Kaijian & Wei, Yi-Ming & Xie, Rui, 2019. "A multiscale analysis for carbon price drivers," Energy Economics, Elsevier, vol. 78(C), pages 202-216.
    6. Jia, Zhijie & Lin, Boqiang & Wen, Shiyan, 2022. "Electricity market Reform: The perspective of price regulation and carbon neutrality," Applied Energy, Elsevier, vol. 328(C).
    7. Ribó-Pérez, David & Van der Weijde, Adriaan H. & Álvarez-Bel, Carlos, 2019. "Effects of self-generation in imperfectly competitive electricity markets: The case of Spain," Energy Policy, Elsevier, vol. 133(C).
    8. Wakiyama, Takako & Zusman, Eric, 2021. "The impact of electricity market reform and subnational climate policy on carbon dioxide emissions across the United States: A path analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 149(C).
    9. Yu, Xianyu & Wu, Zemin & Wang, Qunwei & Sang, Xiuzhi & Zhou, Dequn, 2020. "Exploring the investment strategy of power enterprises under the nationwide carbon emissions trading mechanism: A scenario-based system dynamics approach," Energy Policy, Elsevier, vol. 140(C).
    10. Pradhan, Basanta K. & Ghosh, Joydeep, 2022. "A computable general equilibrium (CGE) assessment of technological progress and carbon pricing in India's green energy transition via furthering its renewable capacity," Energy Economics, Elsevier, vol. 106(C).
    11. Nazifi, Fatemeh & Trück, Stefan & Zhu, Liangxu, 2021. "Carbon pass-through rates on spot electricity prices in Australia," Energy Economics, Elsevier, vol. 96(C).
    12. Li, Jialin & Hu, Yu & Chi, Yuanying & Liu, Dunnan & Yang, Shuxia & Gao, Zhiyuan & Chen, Yuetong, 2024. "Analysis on the synergy between markets of electricity, carbon, and tradable green certificates in China," Energy, Elsevier, vol. 302(C).
    13. Chi, Yuan-ying & Zhao, Hao & Hu, Yu & Yuan, Yong-ke & Pang, Yue-xia, 2022. "The impact of allocation methods on carbon emission trading under electricity marketization reform in China: A system dynamics analysis," Energy, Elsevier, vol. 259(C).
    14. Xin-gang, Zhao & Shuran, Hu & Hui, Wang & Haowei, Chen & Wenbin, Zhang & Wenjie, Lu, 2024. "Energy, economic, and environmental impacts of electricity market-oriented reform and the carbon emissions trading: A recursive dynamic CGE model in China," Energy, Elsevier, vol. 298(C).
    15. George Stamatellos & Antiopi-Malvina Stamatellou, 2024. "The Interaction between Short- and Long-Term Energy Storage in an nZEB Office Building," Energies, MDPI, vol. 17(6), pages 1-27, March.
    16. Wang, Jiexin & Wang, Song, 2023. "The effect of electricity market reform on energy efficiency in China," Energy Policy, Elsevier, vol. 181(C).
    17. Fabra, Natalia, 2023. "Reforming European electricity markets: Lessons from the energy crisis," Energy Economics, Elsevier, vol. 126(C).
    18. Toopshekan, Ashkan & Abedian, Ali & Azizi, Arian & Ahmadi, Esmaeil & Vaziri Rad, Mohammad Amin, 2023. "Optimization of a CHP system using a forecasting dispatch and teaching-learning-based optimization algorithm," Energy, Elsevier, vol. 285(C).
    19. Ting Yang & Jie Fang & Chaochuan Jia & Zhengyu Liu & Yu Liu, 2023. "An improved harris hawks optimization algorithm based on chaotic sequence and opposite elite learning mechanism," PLOS ONE, Public Library of Science, vol. 18(2), pages 1-23, February.
    20. Dertinger, Andrea & Hirth, Lion, 2020. "Reforming the electric power industry in developing economies evidence on efficiency and electricity access outcomes," Energy Policy, Elsevier, vol. 139(C).
    21. Wang, Hao-ran & Feng, Tian-tian & Zhong, Cheng, 2023. "Effectiveness of CO2 cost pass-through to electricity prices under “electricity-carbon” market coupling in China," Energy, Elsevier, vol. 266(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xin-gang, Zhao & Shuran, Hu & Hui, Wang & Haowei, Chen & Wenbin, Zhang & Wenjie, Lu, 2024. "Energy, economic, and environmental impacts of electricity market-oriented reform and the carbon emissions trading: A recursive dynamic CGE model in China," Energy, Elsevier, vol. 298(C).
    2. Wang, Hao-ran & Feng, Tian-tian & Zhong, Cheng, 2023. "Effectiveness of CO2 cost pass-through to electricity prices under “electricity-carbon” market coupling in China," Energy, Elsevier, vol. 266(C).
    3. Yang, Ziyu & Li, Chengjiang & Wang, Honglei & Yang, Jing, 2025. "Dynamic evolution of electricity price transmission effects from electricity-carbon market coupling under tradable green certificate price regulation," Energy, Elsevier, vol. 334(C).
    4. Li, Xueqin & Zheng, Zhuoji & Luo, Beier & Shi, Daqian & Han, Xianfeng, 2024. "The impact of electricity sales side reform on energy technology innovation: An analysis based on SCP paradigm," Energy Economics, Elsevier, vol. 136(C).
    5. Wang, Benke & Li, Chunhua & Ban, Yongshuang & Zhao, Zeming & Wang, Zengxu, 2024. "A two-tier bidding model considering a multi-stage offer‑carbon joint incentive clearing mechanism for coupled electricity and carbon markets," Applied Energy, Elsevier, vol. 368(C).
    6. Wang, Jingbo & Wen, Jianfeng & Long, Chao & Yang, Bo & Jiang, Lin, 2026. "Global electricity-carbon market nexus: A systematic review of synergistic efforts towards a net-zero power sector," Applied Energy, Elsevier, vol. 402(PB).
    7. Ning Yan & Shenhai Huang & Yan Chen & Daini Zhang & Qin Xu & Xiangyi Yang & Shiyan Wen, 2025. "Co-Benefits of Carbon Pricing and Electricity Market Liberalization: A CGE Case Study," Sustainability, MDPI, vol. 17(13), pages 1-18, June.
    8. Wang, Yiqi & Lu, Huiyu & Yang, Yang & Ji, Junping & He, Daojing & Huang, Qisheng, 2025. "Carbon emissions cost pass-through effect in the reserve ancillary services market," Renewable Energy, Elsevier, vol. 243(C).
    9. Zhao, Jing & Zhang, Qin & Zhou, Dequn, 2023. "Can marketed on-grid price drive the realization of energy transition in China’s power industry under the background of carbon neutrality?," Energy, Elsevier, vol. 276(C).
    10. Liu, S.Y. & Wang, M. & Zhou, P., 2025. "Carbon pass-through in Chinese cement industry," Energy Economics, Elsevier, vol. 144(C).
    11. Cheng, Xiaobin & Liu, Pengfei & Zhu, Lei, 2024. "The impact of electricity market reform on renewable energy production," Energy Policy, Elsevier, vol. 194(C).
    12. Millischer, Laurent & Evdokimova, Tatiana & Fernandez, Oscar, 2023. "The carrot and the stock: In search of stock-market incentives for decarbonization," Energy Economics, Elsevier, vol. 120(C).
    13. Tang, Longhai & Mahmood, Hamid & Khalid, Samia, 2025. "Examining the impact of structural reforms on energy poverty: A threshold effect of energy affordability," Energy, Elsevier, vol. 320(C).
    14. Li, Xing & Liu, Zimin & Wu, Honglei & Yang, Dan, 2024. "Calculation and optimization of China's power distortion under carbon peaking target," Energy, Elsevier, vol. 306(C).
    15. Ding Ding, 2022. "The impacts of carbon pricing on the electricity market in Japan," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 9(1), pages 1-8, December.
    16. Li, Xing & Zhu, Zhu & Yang, Dan & Liu, Zimin, 2025. "The impact of power marketization reform on new quality productive forces: An improved overall method," Energy, Elsevier, vol. 334(C).
    17. Chen, Zhe & Chen, Yan-ling & Su, Yue & Wang, Xue-ying & Wu, You, 2023. "The CO2 cost pass-through in nonlinear emission trading schemes," Journal of Commodity Markets, Elsevier, vol. 30(C).
    18. Zhang, Mingming & Guo, Qianxi & Liu, Liyun & Zhou, Dequn, 2025. "Renewable energy investment under the market-oriented transition of policies," Energy Policy, Elsevier, vol. 204(C).
    19. Cui, Linyu & Wang, Bangjun & Wang, Yue, 2026. "Reform of the new power system: A game analysis of power marketization from the perspective of carbon-green certificate coupling," Energy Policy, Elsevier, vol. 209(PA).
    20. Nicola Comincioli & Mattia Guerini & Sergio Vergalli, 2024. "Carbon Taxation and Electricity Price Dynamics: Empirical Evidence from the Australian Market," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 87(12), pages 3131-3161, December.

    More about this item

    Keywords

    ; ; ; ; ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:332:y:2025:i:c:s0360544225024600. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.