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

2021 ◽  
Author(s):  
Bo Li ◽  
Mohammad Ghiasi
Keyword(s):  
Energy Storage ◽  
Power Plant ◽  
Electricity Market ◽  
Ancillary Services ◽  
Virtual Power ◽  
Virtual Power Plant ◽  
Plant Utilization ◽  
New Strategy ◽  
Storage Effects

scholarly journals Bidding Strategy of Virtual Power Plant with Energy Storage Power Station and Photovoltaic and Wind Power

2018 ◽  
Vol 2018 ◽  
pp. 1-11 ◽  
Author(s):  
Zhongfu Tan ◽  
Qingkun Tan ◽  
Yuwei Wang
Keyword(s):  
Energy Storage ◽  
Power Plant ◽  
Wind Power ◽  
Electricity Market ◽  
Power Plants ◽  
Bidding Strategy ◽  
Virtual Power ◽  
Power Station ◽  
Virtual Power Plant ◽  
Virtual Power Plants

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.

Optimal participation of a virtual power plant in electricity market considering renewable energy: A deep learning-based approach

2021 ◽  
Vol 26 ◽  
pp. 100448
Author(s):  
Saleh Sadeghi Gougheri ◽  
Hamidreza Jahangir ◽  
Mahsa A. Golkar ◽  
Ali Ahmadian ◽  
Masoud Aliakbar Golkar
Keyword(s):  
Renewable Energy ◽  
Deep Learning ◽  
Power Plant ◽  
Electricity Market ◽  
Virtual Power ◽  
Virtual Power Plant

Performance evaluation of a virtual power plant communication system providing ancillary services

2017 ◽  
Vol 149 ◽  
pp. 46-54 ◽  
Author(s):  
Mitja Kolenc ◽  
Peter Nemček ◽  
Christoph Gutschi ◽  
Nermin Suljanović ◽  
Matej Zajc
Keyword(s):  
Performance Evaluation ◽  
Power Plant ◽  
Communication System ◽  
Ancillary Services ◽  
Virtual Power ◽  
Virtual Power Plant ◽  
Plant Communication

Virtual Power Plant Management considering Energy Storage Systems and Multiple Power Sources

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 ◽  
...  
Keyword(s):  
Energy Storage ◽  
Power Plant ◽  
Storage Systems ◽  
Plant Management ◽  
Virtual Power ◽  
Energy Storage Systems ◽  
Power Sources ◽  
Virtual Power Plant ◽  
Multiple Power

scholarly journals A Case Study on Distributed Energy Resources and Energy-Storage Systems in a Virtual Power Plant Concept: Technical Aspects

Energies ◽  
2020 ◽  
Vol 13 (12) ◽  
pp. 3086 ◽  
Author(s):  
Tomasz Sikorski ◽  
Michal Jasiński ◽  
Edyta Ropuszyńska-Surma ◽  
Magdalena Węglarz ◽  
Dominika Kaczorowska ◽  
...  
Keyword(s):  
Energy Storage ◽  
Power Plant ◽  
Power Flow ◽  
Operating Conditions ◽  
Maximum Power ◽  
Virtual Power ◽  
Distributed Energy ◽  
Power Capacity ◽  
Virtual Power Plant

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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