A New Strategy for Economic Virtual Power Plant Utilization in Electricity Market Considering Energy Storage Effects and Ancillary Services

Author(s):  
Bo Li ◽  
Mohammad Ghiasi
2018 ◽  
Vol 2018 ◽  
pp. 1-11 ◽  
Author(s):  
Zhongfu Tan ◽  
Qingkun Tan ◽  
Yuwei Wang

For the virtual power plants containing energy storage power stations and photovoltaic and wind power, the output of PV and wind power is uncertain and virtual power plants must consider this uncertainty when they participate in the auction in the electricity market. In this context, this paper studies the bidding strategy of the virtual power plant with photovoltaic and wind power. Assuming that the upper and lower limits of the combined output of photovoltaic and wind power are stochastically variable, the fluctuation range of the day-ahead energy market and capacity price is stochastically variable. If the capacity of the storage station is large enough to stabilize the fluctuation of the output of the wind and photovoltaic power, virtual power plants can participate in the electricity market bidding. This paper constructs a robust optimization model of virtual power plant bidding strategy in the electricity market, which considers the cost of charge and discharge of energy storage power station and transmission congestion. The model proposed in this paper is solved by CPLEX; the example results show that the model is reasonable and the method is valid.


2021 ◽  
Vol 26 ◽  
pp. 100448
Author(s):  
Saleh Sadeghi Gougheri ◽  
Hamidreza Jahangir ◽  
Mahsa A. Golkar ◽  
Ali Ahmadian ◽  
Masoud Aliakbar Golkar

2017 ◽  
Vol 149 ◽  
pp. 46-54 ◽  
Author(s):  
Mitja Kolenc ◽  
Peter Nemček ◽  
Christoph Gutschi ◽  
Nermin Suljanović ◽  
Matej Zajc

2012 ◽  
Vol 45 (21) ◽  
pp. 138-143
Author(s):  
Angelo R.R. de Souza ◽  
Alexandre R. Aoki ◽  
Antonio R. Donadon ◽  
Germano Lambert-Torres ◽  
Luiz Eduardo Borges da Silva ◽  
...  

Energies ◽  
2020 ◽  
Vol 13 (12) ◽  
pp. 3086 ◽  
Author(s):  
Tomasz Sikorski ◽  
Michal Jasiński ◽  
Edyta Ropuszyńska-Surma ◽  
Magdalena Węglarz ◽  
Dominika Kaczorowska ◽  
...  

The article presents calculations and power flow of a real virtual power plant (VPP), containing a fragment of low and medium voltage distribution network. The VPP contains a hydropower plant (HPP), a photovoltaic system (PV) and energy storage system (ESS). The purpose of this article is to summarize the requirements for connection of generating units to the grid. Paper discusses the impact of the requirements on the maximum installed capacity of distributed energy resource (DER) systems and on the parameters of the energy storage unit. Firstly, a comprehensive review of VPP definitions, aims, as well as the characteristics of the investigated case study of the VPP project is presented. Then, requirements related to the regulation, protection and integration of DER and ESS with power systems are discussed. Finally, investigations related to influence of DER and ESS on power network condition are presented. One of the outcomes of the paper is the method of identifying the maximum power capacity of DER and ESS in accordance with technical network requirements. The applied method uses analytic calculations, as well as simulations using Matlab environment, combined with real measurement data. The obtained results allow the influence of the operating conditions of particular DER and ESS on power flow and voltage condition to be identified, the maximum power capacity of ESS intended for the planed VPP to be determined, as well as the influence of power control strategies implemented in a PV power plant on resources available for the planning and control of a VPP to be specified. Technical limitations of the DER and ESS are used as input conditions for the economic simulations presented in the accompanying paper, which is focused on investigations of economic efficiency.


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