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Integrated techno-economic modeling, flexibility analysis, and business case assessment of an urban virtual power plant with multi-market co-optimization

Citations

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Cited by:

  1. Mohammad Mohammadi Roozbehani & Ehsan Heydarian-Forushani & Saeed Hasanzadeh & Seifeddine Ben Elghali, 2022. "Virtual Power Plant Operational Strategies: Models, Markets, Optimization, Challenges, and Opportunities," Sustainability, MDPI, vol. 14(19), pages 1-23, September.
  2. Yin, Shuangrui & Ai, Qian & Li, Jiamei & Li, Da & Guo, Qinglei, 2022. "Trading mode design for a virtual power plant based on main-side consortium blockchains," Applied Energy, Elsevier, vol. 325(C).
  3. Tang, Hong & Wang, Shengwei & Li, Hangxin, 2021. "Flexibility categorization, sources, capabilities and technologies for energy-flexible and grid-responsive buildings: State-of-the-art and future perspective," Energy, Elsevier, vol. 219(C).
  4. Piotr F. Borowski, 2021. "Digitization, Digital Twins, Blockchain, and Industry 4.0 as Elements of Management Process in Enterprises in the Energy Sector," Energies, MDPI, vol. 14(7), pages 1-20, March.
  5. Lin Cheng & Yuling Li & Shiyou Yang, 2024. "Distributed Cooperative Optimal Operation of Multiple Virtual Power Plants Based on Multi-Stage Robust Optimization," Sustainability, MDPI, vol. 16(13), pages 1-24, June.
  6. Xiao, Xiangsheng & Wang, Jianxiao & Lin, Rui & Hill, David J. & Kang, Chongqing, 2020. "Large-scale aggregation of prosumers toward strategic bidding in joint energy and regulation markets," Applied Energy, Elsevier, vol. 271(C).
  7. Mei Cai & Suqiong Hu & Ya Wang & Jingmei Xiao, 2022. "A Dynamic Social Network Matching Model for Virtual Power Plants and Distributed Energy Resources with Probabilistic Linguistic Information," Sustainability, MDPI, vol. 14(22), pages 1-33, November.
  8. Behnaz Behi & Ali Baniasadi & Ali Arefi & Arian Gorjy & Philip Jennings & Almantas Pivrikas, 2020. "Cost–Benefit Analysis of a Virtual Power Plant Including Solar PV, Flow Battery, Heat Pump, and Demand Management: A Western Australian Case Study," Energies, MDPI, vol. 13(10), pages 1-24, May.
  9. Yan, Zhongzhen & Zhu, Xinyuan & Chang, Yiming & Wang, Xianglong & Ye, Zhiwei & Xu, Zhigang & Fars, Ashk, 2023. "Renewable energy effects on energy management based on demand response in microgrids environment," Renewable Energy, Elsevier, vol. 213(C), pages 205-217.
  10. Yuanyuan, Zhang & Huiru, Zhao & Bingkang, Li, 2023. "Distributionally robust comprehensive declaration strategy of virtual power plant participating in the power market considering flexible ramping product and uncertainties," Applied Energy, Elsevier, vol. 343(C).
  11. Chen Zhao & Jiaqi Sun & Ping He & Shaohua Zhang & Yuqi Ji, 2023. "Integrating Risk Preferences into Game Analysis of Price-Making Retailers in Power Market," Energies, MDPI, vol. 16(8), pages 1-18, April.
  12. Zeng, Yu & Wei, Xuan & Yao, Yuan & Xu, Yinliang & Sun, Hongbin & Kin Victor Chan, Wai & Feng, Wei, 2023. "Determining the pricing and deployment strategy for virtual power plants of peer-to-peer prosumers: A game-theoretic approach," Applied Energy, Elsevier, vol. 345(C).
  13. Cui, Xueyuan & Liu, Shu & Ruan, Guangchun & Wang, Yi, 2024. "Data-driven aggregation of thermal dynamics within building virtual power plants," Applied Energy, Elsevier, vol. 353(PB).
  14. Jiang, Yuzheng & Dong, Jun & Huang, Hexiang, 2024. "Optimal bidding strategy for the price-maker virtual power plant in the day-ahead market based on multi-agent twin delayed deep deterministic policy gradient algorithm," Energy, Elsevier, vol. 306(C).
  15. Zhou, Huan & Fan, Shuai & Wu, Qing & Dong, Lianxin & Li, Zuyi & He, Guangyu, 2021. "Stimulus-response control strategy based on autonomous decentralized system theory for exploitation of flexibility by virtual power plant," Applied Energy, Elsevier, vol. 285(C).
  16. Wang, Yanjia & Xu, Chao & Xie, Da & Gu, Chenghong & Zhao, Pengfei & Gong, Jinxia & Pan, Mingjie & Wang, Xitian, 2023. "A novel scheduling strategy for virtual power plant based on power market dynamic triggers," Applied Energy, Elsevier, vol. 350(C).
  17. Coelho, António & Iria, José & Soares, Filipe, 2021. "Network-secure bidding optimization of aggregators of multi-energy systems in electricity, gas, and carbon markets," Applied Energy, Elsevier, vol. 301(C).
  18. Wafa Nafkha-Tayari & Seifeddine Ben Elghali & Ehsan Heydarian-Forushani & Mohamed Benbouzid, 2022. "Virtual Power Plants Optimization Issue: A Comprehensive Review on Methods, Solutions, and Prospects," Energies, MDPI, vol. 15(10), pages 1-20, May.
  19. Naval, Natalia & Yusta, Jose M., 2021. "Virtual power plant models and electricity markets - A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 149(C).
  20. Charani Shandiz, Saeid & Rismanchi, Behzad & Foliente, Greg, 2021. "Energy master planning for net-zero emission communities: State of the art and research challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 137(C).
  21. Yuqing Wang & Min Zhang & Jindi Ao & Zhaozhen Wang & Houqi Dong & Ming Zeng, 2022. "Profit Allocation Strategy of Virtual Power Plant Based on Multi-Objective Optimization in Electricity Market," Sustainability, MDPI, vol. 14(10), pages 1-22, May.
  22. Kumar, T. Bharath & Singh, Anoop, 2021. "Ancillary services in the Indian power sector – A look at recent developments and prospects," Energy Policy, Elsevier, vol. 149(C).
  23. Xiaoqing Shi & Xiaoqing Bai & Puming Wang & Qinghua Shang, 2023. "Multi-Time-Scale Rolling Optimal Scheduling of Virtual Power Plants in Energy and Flexible Ramping Product Markets," Energies, MDPI, vol. 16(19), pages 1-21, September.
  24. Behnaz Behi & Philip Jennings & Ali Arefi & Ali Azizivahed & Almantas Pivrikas & S. M. Muyeen & Arian Gorjy, 2023. "A Robust Participation in the Load Following Ancillary Service and Energy Markets for a Virtual Power Plant in Western Australia," Energies, MDPI, vol. 16(7), pages 1-20, March.
  25. Song, Meng & Gao, Ciwei & Ma, Sisi & Meng, Jing & Chen, Kang, 2022. "Distributed scheduling of HVACs based on transactive energy and ADMM," Applied Energy, Elsevier, vol. 325(C).
  26. Lechl, Michael & Fürmann, Tim & de Meer, Hermann & Weidlich, Anke, 2023. "A review of models for energy system flexibility requirements and potentials using the new FLEXBLOX taxonomy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
  27. Ioannidis, Filippos & Georgitsioti, Tatiani & Kosmidou, Kyriaki & Zopounidis, Constantinos & Andriosopoulos, Kostas, 2025. "A simulation model for imbalance costs of renewable energy aggregators: The case of Greek balancing market," Energy Economics, Elsevier, vol. 142(C).
  28. Cheng, Xiaoyuan & Yao, Ruiqiu & Postnikov, Andrey & Hu, Yukun & Varga, Liz, 2024. "Decentralized intelligent multi-party competitive aggregation framework for electricity prosumers," Applied Energy, Elsevier, vol. 373(C).
  29. Iria, José & Scott, Paul & Attarha, Ahmad, 2020. "Network-constrained bidding optimization strategy for aggregators of prosumers," Energy, Elsevier, vol. 207(C).
  30. Xiong, Chang & Su, Yixin & Wang, Hao & Dong, Zhengcheng & Tian, Meng & Shi, Binghua, 2024. "Consensus-based decentralized scheduling method for collaborative operation in seaport virtual power plant," Applied Energy, Elsevier, vol. 373(C).
  31. Li, Qiang & Dong, Fuxiang & Zhou, Guowen & Mu, Chunjin & Wang, Zhonghao & Liu, Jinfu & Yan, Peigang & Yu, Daren, 2025. "Co-optimization of virtual power plants and distribution grids: Emphasizing flexible resource aggregation and battery capacity degradation," Applied Energy, Elsevier, vol. 377(PB).
  32. Kaiss, Mateus & Wan, Yihao & Gebbran, Daniel & Vila, Clodomiro Unsihuay & Dragičević, Tomislav, 2025. "Review on Virtual Power Plants/Virtual Aggregators: Concepts, applications, prospects and operation strategies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 211(C).
  33. Lasantha Meegahapola & Pierluigi Mancarella & Damian Flynn & Rodrigo Moreno, 2021. "Power system stability in the transition to a low carbon grid: A techno‐economic perspective on challenges and opportunities," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 10(5), September.
  34. Zhou, Yuxuan & Wang, Lichao & Fan, Hongtao & Wang, Yu & Sun, Yaojie, 2025. "Research on interaction between HEMS-VPP and power system with high renewable energy penetration under net zero emissions: Operation strategy and economy viability boundary," Applied Energy, Elsevier, vol. 390(C).
  35. Esfahani, Moein & Alizadeh, Ali & Amjady, Nima & Kamwa, Innocent, 2024. "A distributed VPP-integrated co-optimization framework for energy scheduling, frequency regulation, and voltage support using data-driven distributionally robust optimization with Wasserstein metric," Applied Energy, Elsevier, vol. 361(C).
  36. Xie, Haonan & Ahmad, Tanveer & Zhang, Dongdong & Goh, Hui Hwang & Wu, Thomas, 2024. "Community-based virtual power plants’ technology and circular economy models in the energy sector: A Techno-economy study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 192(C).
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