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Virtual Power Plants Virtual power plant

In: Integrating Renewables in Electricity Markets

Author

Listed:
  • Juan M. Morales

    (Technical University of Denmark)

  • Antonio J. Conejo

    (University of Castilla – La Mancha)

  • Henrik Madsen

    (Technical University of Denmark)

  • Pierre Pinson

    (Technical University of Denmark)

  • Marco Zugno

    (Technical University of Denmark)

Abstract

The power systems of the future are expected to rely more and more on small-scale generation sources, flexible loads, and storage units at the distribution level as a way to increase the share of renewable energy in the electricity supply, while ensuring the security, reliability, and integrity of the electrical infrastructure. Owing to their reduced size, number, varied nature, and dispersed character, distributed energy sources are to be operated in aggregations or clusters, which have come to be called Virtual Power Plants (VPP). This chapter first introduces and motivates the concept of a VPP, then provides the basics on the mathematical modeling of its constituent parts, and finally explores, using a battery of illustrative examples, different approaches to efficiently running a VPP that includes weather-driven renewable energy sources.

Suggested Citation

  • Juan M. Morales & Antonio J. Conejo & Henrik Madsen & Pierre Pinson & Marco Zugno, 2014. "Virtual Power Plants Virtual power plant," International Series in Operations Research & Management Science, in: Integrating Renewables in Electricity Markets, edition 127, chapter 8, pages 243-287, Springer.
    • Handle: RePEc:spr:isochp:978-1-4614-9411-9_8
    DOI: 10.1007/978-1-4614-9411-9_8
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    Cited by:

    1. Tajeddini, Mohammad Amin & Rahimi-Kian, Ashkan & Soroudi, Alireza, 2014. "Risk averse optimal operation of a virtual power plant using two stage stochastic programming," Energy, Elsevier, vol. 73(C), pages 958-967.

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