Abstract
Virtual power plant (VPP) can respond to the real-time electricity price and implement management of controllable power plants and the distributed energy resource (DER) coordinately in future Smart Grid. Thus the mechanism of virtual power plant in future Smart Grid is designed in this paper. The model formulations are presented and the MS-VND algorithm is used to optimize the objects of both commercial VPP (CVPP) and technical VPP (TVPP). Simulations are conducted on IEEE-30 standard test system and the performance of the solutions is computationally compared and analyzed.
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CITATION STYLE
Shao, W., Xu, W., Xu, Z., & Wang, N. (2015). Mechanism design of virtual power plant for the future smart grid. In Lecture Notes in Electrical Engineering (Vol. 338, pp. 563–570). Springer Verlag. https://doi.org/10.1007/978-3-662-46466-3_56
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