A review on operation of micro grids and Virtual Power Plants in the power markets

Mashhour, Elaheh; Moghaddas-Tafreshi, Seyed Masoud

doi:10.1109/icastech.2009.5409714

Cited by 44 publications

(31 citation statements)

References 21 publications

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“…It takes part in the electricity market in the form of a "single plant" and provides convenient service to the system operator, which improves the controllability and visibility of DERs. VPP forms an appropriate and flexible portfolio for DERs to maximize expected benefits [3]. VPP realizes optimal energy allocation by exchanging energy with the grid and dispatching energy among the elements inside the VPP.…”

Section: Introductionmentioning

confidence: 99%

Optimal Dispatch Strategy of a Virtual Power Plant Containing Battery Switch Stations in a Unified Electricity Market

et al. 2015

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A virtual power plant takes advantage of interactive communication and energy management systems to optimize and coordinate the dispatch of distributed generation, interruptible loads, energy storage systems and battery switch stations, so as to integrate them as an entity to exchange energy with the power market. This paper studies the optimal dispatch strategy of a virtual power plant, based on a unified electricity market combining day-ahead trading with real-time trading. The operation models of interruptible loads, energy storage systems and battery switch stations are specifically described in the paper. The virtual power plant applies an optimal dispatch strategy to earn the maximal expected profit under some fluctuating parameters, including market price, retail price and load demand. The presented model is a nonlinear mixed-integer programming with inter-temporal constraints and is solved by the fruit fly algorithm.

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Section: Introductionmentioning

confidence: 99%

Optimal Dispatch Strategy of a Virtual Power Plant Containing Battery Switch Stations in a Unified Electricity Market

et al. 2015

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“…In this situation, the distribution network operators demand for transmission network capacity changes (Mashhour and Moghaddas-Tafreshi 2009). For an efficient operation, the distribution network operators would benefit from a smart grid.…”

Section: Distribution Network Operatorsmentioning

confidence: 99%

“…This power exchange between the distributed power sources and the network also requires appropriate management (Mashhour and Moghaddas-Tafreshi 2009). In times of low renewable energy production, they can take electricity from the network.…”

Section: Introductionmentioning

confidence: 99%

The Development of Renewable Energy Sources and its Significance for the Environment

Heshmati

Abolhosseini

Altmann

2015

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“…In the last distributed energy ks raised a series of e variable output of icult to accurately on fluctuations, a ergy system can be ources [3][4][5]. The renewable energy able units and the ated into a single PP).…”

Section: Introductionmentioning

confidence: 99%

Energy trading optimization of a virtual power plant on electricity market

Lazaroiu

Dumbrava

Roscia

et al. 2015

2015 9th International Symposium on Advanced Topics in Electrical Engineering (ATEE)

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This paper analyzes the optimized operation of a virtual power plant owner on the day-ahead market for maximizing his overall profit. The virtual power plant is composed of distributed energy resources with variable produced power, energy storage systems, and dispatchable classical generating units. The intermittent character of wind and solar irradiation is addressed using the forecasted production of these renewable energy sources in three cases: low, moderate, and high renewable sources production. The virtual power plant owner submits buying/selling electricity offers on the day-head market such that to maximize his daily profit. In addition, the possibility of the owner to participate on the green certificates market is investigated. The obtained profit is computed considering that the owner receives, on average, one green certificate for each 1 MWh produced by his renewable energy sources

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A review on operation of micro grids and Virtual Power Plants in the power markets

Cited by 44 publications

References 21 publications

Optimal Dispatch Strategy of a Virtual Power Plant Containing Battery Switch Stations in a Unified Electricity Market

Optimal Dispatch Strategy of a Virtual Power Plant Containing Battery Switch Stations in a Unified Electricity Market

The Development of Renewable Energy Sources and its Significance for the Environment

Energy trading optimization of a virtual power plant on electricity market

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