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Modelling and assessing the impacts of self supply and market-revenue driven virtual power plants

K. Dietrich, J.M. Latorre, L. Olmos, A. Ramos

Electric Power Systems Research Vol. 119, pp. 462 - 470

Summary:
Distributed generation will make up for more than half of the installed electric generation capacity in 2020in Spain. The major part of this generation is renewable-energy based and intermittent. This provokes important challenges in the operation of the electric energy system: The number of generators increases, the size of generators decreases and more variability as well as uncertainty will exist in the operation ofthe electric system. To ensure a viable operation, an option which bears a high potential is the aggregationof many small generators as well as demands into one entity: a so-called Virtual Power Plant (VPP). This article will treat the techno-economic impact of the massive integration of small generators and demands into VPPs both on the system functioning and on the outcome of demands and generators within these VPPs. We will analyse and compare several strategies of VPPs.


Keywords: Virtual Power Plants; Demand response; Electricity system operation; Demand shifting; Optimisation; Distributed energy resources


JCR Impact Factor and WoS quartile: 1,809 - Q2 (2015); 3,300 - Q2 (2023)

DOI reference: DOI icon https://doi.org/10.1016/j.epsr.2014.10.015

Published on paper: February 2015.

Published on-line: November 2014.



Citation:
K. Dietrich, J.M. Latorre, L. Olmos, A. Ramos, Modelling and assessing the impacts of self supply and market-revenue driven virtual power plants. Electric Power Systems Research. Vol. 119, pp. 462 - 470, February 2015. [Online: November 2014]


    Research topics:
  • *Short-Term Operation, Market Bidding and Operating Reserves
  • *Medium-Term Tactical Planning

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