Comprehensive review on structure and operation of virtual power plant in electrical system

Zhang, Gao; Jiang, Chuanwen; Wang, Xu

doi:10.1049/iet-gtd.2018.5880

Cited by 106 publications

(74 citation statements)

References 97 publications

(195 reference statements)

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…VPPs can coordinate and orchestrate responsive demands to integrate them in the two-sided market, and provide new value streams to customers and other stakeholders. By being aggregated Australia DR program [68] [8], [9], [10], [11], [12], [13], [14], [15] , [16], [17], [55], [57], [60], [61], [62], [63], [64], [65], [66] VPP [6], [18], [19], [20], [21], [22], [70], [71], [72], [74], [75], [76], [ [23], [24], [25], [26], [27], [40], [85], [86], [88], [89], [90], [91], [92], [93] , [94], [95], [96], [97],…”

Section: Discussionmentioning

confidence: 99%

“…Authors of [20] reviewed structures, architecture and the optimization algorithms used with each type of VPPs. A review of structures, operation, and participation of VPPs in electricity markets is provided in [21]. In [22], a comprehensive review of VPPs is presented, including their applicability for different purposes, their structural and operational optimizations and uncertainty modeling techniques for VPP operation.…”

Section: Literature Surveymentioning

confidence: 99%

See 1 more Smart Citation

Paving the Path for Two-Sided Energy Markets: An Overview of Different Approaches

et al. 2020

View full text Add to dashboard Cite

The transition in the energy sector, initiated by increasing uptake of distributed energy resources (DER) and grid digitization, provides opportunities to improve energy efficiency through electricity market reformation. The development of a two-sided market allows delivering benefits of improved efficiency to energy customers. This paper discusses the opportunities and challenges related to transitioning to a two-sided energy market. The drivers to move toward a two-sided market, the benefits that this market can provide for different stakeholders, and enabling technologies for this transition are studied. An overview of different approaches that lay the groundwork for two-sided markets, including demand response (DR), virtual power plants (VPPs), peer-to-peer (P2P) trading, and transactive energy (TE) is provided. A classification of different approaches, along with examples of academic and industrial works, are presented to give some insights on the way each approach can pave the path to the market reformation. Finally, different approaches are compared and some of the challenges that need to be addressed in future works are identified. INDEX TERMS Demand response, distributed energy resources (DER), negawatt trading, peer-to-peer (P2P) trading, transactive energy (TE), two-sided market, virtual power plant (VPP).

show abstract

Section: Discussionmentioning

confidence: 99%

Section: Literature Surveymentioning

confidence: 99%

Paving the Path for Two-Sided Energy Markets: An Overview of Different Approaches

et al. 2020

View full text Add to dashboard Cite

show abstract

“…It soon turned out that an adaptation was necessary to take into account the voltage and frequency performance [9]. VPP optimization focuses on internal energy dispatch and external market participation [10]. The definition of VPP, in particular its technical aspect, continues to be in discussion [11][12][13][14].…”

Section: Literature Review On the Popular Concepts Of Smart Gridsmentioning

confidence: 99%

Design of the Smart Grid Architecture According to Fractal Principles and the Basics of Corresponding Market Structure

Ilo

2019

Energies

View full text Add to dashboard Cite

Nowadays, there is a dramatic upsurge in the use of renewable energy resources, ICT and digitalization that requires more than the straightforward refinements of an established power system structure. New solutions are required to perform dynamic optimizations in real time, closed loops and so on, taking into account the high requirements on data privacy and cyber security. The LINK-paradigm was designed to meet these requirements. It was developed on the basis of the bottom-up method that can lead to misinterpretations or wrong conclusions. This work mainly deals with the verification of the authenticity and correctness of LINK. Fractal analysis is used to identify the unique and independent elements of smart grids required for the design of an architectural paradigm. The signature of the fractal structure, the so-called fractal pattern, is founded and referred to as electrical appliances (ElA). The latter has proven to be the key component of the architectural LINK paradigm. The definition of the LINK paradigm is finally validated: It consists of unique and independent elements that avoid misinterpretation or the need for any changes in its definition. Additionally, the fractal analysis indicates two fractal anomalies in the existing power system structure, while the fractal dimension calculation insinuates the highest complexity in the fractal level of electrical devices. The LINK-based holistic architecture is given a finishing touch. A compact presentation of the control chain strategy is provided that should facilitate its practical implementation. The basis for the harmonization of the market structure with the grid link arrangements is established. The processes of demand response and conservation voltage reduction are presented under the new findings.

show abstract

“…The power grid then distributes electric power to all the consumers, including residential areas, hospitals, commercial areas, administrative areas, and Electric Vehicle (EV) fleets. Aiming to achieve efficient dispatch and utilization of renewables, the Virtual Power Plant (VPP) has been proposed to act as an intermediary between distributed energy resources (DERs), power grid, controllable loads, and EVs [6]- [9].…”

Section: Introductionmentioning

confidence: 99%

AEBIS: AI-Enabled Blockchain-Based Electric Vehicle Integration System for Power Management in Smart Grid Platform

et al. 2020

View full text Add to dashboard Cite

Comprehensive review on structure and operation of virtual power plant in electrical system

Cited by 106 publications

References 97 publications

Paving the Path for Two-Sided Energy Markets: An Overview of Different Approaches

Paving the Path for Two-Sided Energy Markets: An Overview of Different Approaches

Design of the Smart Grid Architecture According to Fractal Principles and the Basics of Corresponding Market Structure

AEBIS: AI-Enabled Blockchain-Based Electric Vehicle Integration System for Power Management in Smart Grid Platform

Contact Info

Product

Resources

About