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Day-ahead scheduling of virtual power plant in joint energy and regulation reserve markets under uncertainties

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  • Shayegan-Rad, Ali
  • Badri, Ali
  • Zangeneh, Ali

Abstract

This paper presents a day-ahead scheduling framework for virtual power plant (VPP) in a joint energy and regulation reserve (RR) markets. The proposed VPP clusters a mix of generation units in term of synchronous distributed generation (SDG) and wind power plant (WPP) as well as storage facilities such as electrical vehicles (EVs) and small pumped storage plant (PSP). It is assumed that VPP provides required RR through its SDG and small PSP based on the delivery request probability of day-ahead market. In order to aggregate EVs, the VPP establishes bilateral incentive contracts with vehicle owners. Moreover, impact of carbon dioxide (CO2) emission of SDG is included by means of penalty cost function. Different uncertain parameters with regard to wind generation, EV owner behaviors, energy and RR market prices and regulation up and down probabilities are considered using a point estimate method (PEM). The case studies are applied to demonstrate the effectiveness of the scheduling model.

Suggested Citation

  • Shayegan-Rad, Ali & Badri, Ali & Zangeneh, Ali, 2017. "Day-ahead scheduling of virtual power plant in joint energy and regulation reserve markets under uncertainties," Energy, Elsevier, vol. 121(C), pages 114-125.
    • Handle: RePEc:eee:energy:v:121:y:2017:i:c:p:114-125
    DOI: 10.1016/j.energy.2017.01.006
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    References listed on IDEAS

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    Cited by:

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    9. Jingjing Luo & Yajing Gao & Wenhai Yang & Yongchun Yang & Zheng Zhao & Shiyu Tian, 2018. "Optimal Operation Modes of Virtual Power Plants Based on Typical Scenarios Considering Output Evaluation Criteria," Energies, MDPI, vol. 11(10), pages 1-22, October.
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    11. Hui Sun & Yanan Dou & Shubo Hu & Zhengnan Gao & Zhonghui Wang & Peng Yuan, 2023. "Day-Ahead Bidding Strategy of a Virtual Power Plant with Multi-Level Electric Energy Interaction in China," Energies, MDPI, vol. 16(19), pages 1-27, September.
    12. Srđan Skok & Ahmed Mutapčić & Renata Rubesa & Mario Bazina, 2020. "Transmission Power System Modeling by Using Aggregated Distributed Generation Model Based on a TSO—DSO Data Exchange Scheme," Energies, MDPI, vol. 13(15), pages 1-15, August.
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    14. Kong, Xiangyu & Xiao, Jie & Liu, Dehong & Wu, Jianzhong & Wang, Chengshan & Shen, Yu, 2020. "Robust stochastic optimal dispatching method of multi-energy virtual power plant considering multiple uncertainties," Applied Energy, Elsevier, vol. 279(C).
    15. Zhou, Kaile & Peng, Ning & Yin, Hui & Hu, Rong, 2023. "Urban virtual power plant operation optimization with incentive-based demand response," Energy, Elsevier, vol. 282(C).
    16. Seyed Hasan Mirbarati & Najme Heidari & Amirhossein Nikoofard & Mir Sayed Shah Danish & Mahdi Khosravy, 2022. "Techno-Economic-Environmental Energy Management of a Micro-Grid: A Mixed-Integer Linear Programming Approach," Sustainability, MDPI, vol. 14(22), pages 1-14, November.
    17. Fattahi, Abbas & Nahavandi, Ali & Jokarzadeh, Mohammadreza, 2018. "A comprehensive reserve allocation method in a micro-grid considering renewable generation intermittency and demand side participation," Energy, Elsevier, vol. 155(C), pages 678-689.
    18. Zhou, Yizhou & Wei, Zhinong & Sun, Guoqiang & Cheung, Kwok W. & Zang, Haixiang & Chen, Sheng, 2018. "A robust optimization approach for integrated community energy system in energy and ancillary service markets," Energy, Elsevier, vol. 148(C), pages 1-15.

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