Related papers: Optimal Participation of Heterogeneous, RES-based …
In this paper, an approach to evaluate the benefits of demand flexibility for Virtual Power Plants (VPPs) is presented. The flexible demands chosen in this study are part of a renewable energy source-based VPP that participates in Day-Ahead…
This paper proposes a novel single-level robust mathematical approach to model the RES-only Virtual Power Plant (RVPP) bidding problem in the simultaneous Day Ahead Market (DAM) and Secondary Reserve Market (SRM). The worst-case profit of…
The largescale penetration of variable renewable energy (VRE) and their generation uncertainties poses a major challenge for the distribution system operator (DSO) to efficiently determine the day-ahead real and reactive power distribution…
Virtual power plant (VPP) provides a flexible solution to distributed energy resources integration by aggregating renewable generation units, conventional power plants, energy storages, and flexible demands. This paper proposes a novel…
In the transition toward a sustainable power system, renewable-based Virtual Power Plants (RVPPs) have emerged as a promising solution to the challenges of integrating renewable energy sources into electricity markets. Their viability,…
This paper compares the participation of Renewable-only Virtual Power Plants (RVPPs) and grid-scale Electrical Storage Systems (ESSs) in energy and reserve markets, evaluating their technical performance, market strategies, and economic…
As the penetration of distributed energy resources (DERs) increases, harnessing their flexibility becomes critical for power system operations. Virtual power plants (VPPs) offer a promising solution. However, most existing scheduling tools…
In this paper, a novel approach to define the optimal bidding of renewable-only virtual power plants (RVPPs) in the day-ahead, secondary reserve, and intra-day markets is proposed. To this aim, a robust optimization algorithm is developed…
The notion of Virtual Power Plant (VPP) has been used many times in last years in power systems and for several reasons. As a general trend, the behavior of a classic synchronous generator is to be emulated for a class of conventional grid…
The integration of various energy resources with wind farms, results in improved market-aware management of wind generation variations. Consequently, the proposed method minimizes the negative impact associated with wind generation…
With the ongoing transition of electricity markets worldwide from hourly to intra-hourly bidding, market participants--especially Renewable Energy Sources (RES)--gain improved opportunities to adjust energy and reserve schedules and to…
The growing integration of distributed energy resources (DERs) into the power grid necessitates an effective coordination strategy to maximize their benefits. Acting as an aggregator of DERs, a virtual power plant (VPP) facilitates this…
The growing penetration of renewable energy sources is expected to drive higher demand for power reserve ancillary services (AS). One solution is to increase the supply by integrating distributed energy resources (DERs) into the AS market…
The rapid deployment of distributed energy resources (DERs) is one of the essential efforts to mitigate global climate change. However, a vast number of small-scale DERs are difficult to manage individually, motivating the introduction of…
This work presents a suite of two optimisation models for the short-term scheduling and redispatch of a virtual power plant (VPP) composed of a wind farm and a Li-ion battery, that participates in the day-ahead energy and secondary…
The declining provision of inertia by synchronous generators in modern power systems necessitates aggregating distributed energy resources (DERs) into virtual power plants (VPPs) to unlock their potential in delivering inertia and primary…
Renewable power to ammonia (RePtA) is a prominent zero-carbon pathway for decarbonization. Due to the imbalance between renewables and production energy demand, the RePtA system relies on the electricity exchange with the power grid.…
Virtual power plants (VPPs) are an emerging paradigm that aggregates distributed energy resources (DERs) for coordinated participation in power systems, including bidding as a single dispatchable entity in the wholesale market. In this…
This paper proposes a novel control strategy in which Renewable Energy Sources (RES) considered in a new Dynamic Virtual Power Plant (DVPP) concept directly participate to Secondary Frequency Control (SFC). This allows full participation of…
This paper proposes the integration of Concentrated Solar Power Plant (CSP) in the Renewable-only virtual power plant (RVPP) for bidding in the electricity day-ahead and secondary reserve markets, as well as trading thermal energy through a…