Research on the development trend of virtual power plant in the spot market

Abstract

With the continuous promotion of power market reform, the spot market of electric power is gradually opened, and more and more flexible renewable energy can participate in market transactions. In order to ensure the safe and stable operation of power grid, virtual power plant has been developed. In the spot market, virtual power plants gather different resources and take part in market transactions as a whole. This not only benefits the virtual power plant itself, but also the whole power system. In order to study the impact of the spot market on the virtual power plant, this paper starts with the basic theory of the virtual power plant, then combined with the development of the spot market, studies the basic process of the virtual power plant participating in the market transaction, and explores the future development trend of the virtual power plant.