Skip to main content
Top

2014 | OriginalPaper | Chapter

8. Virtual Power Plants

Authors : Juan M. Morales, Antonio J. Conejo, Henrik Madsen, Pierre Pinson, Marco Zugno

Published in: Integrating Renewables in Electricity Markets

Publisher: Springer US

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

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.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
1.
go back to reference Arroyo, J., Conejo, A.: Optimal response of a thermal unit to an electricity spot market. IEEE Trans. Power Syst. 15(3), 1098–1104 (2000)CrossRef Arroyo, J., Conejo, A.: Optimal response of a thermal unit to an electricity spot market. IEEE Trans. Power Syst. 15(3), 1098–1104 (2000)CrossRef
2.
go back to reference Bertsimas, D., Brown, D., Caramanis, C.: Theory and applications of robust optimization. SIAM Rev. 53(3), 464–501 (2011)CrossRef Bertsimas, D., Brown, D., Caramanis, C.: Theory and applications of robust optimization. SIAM Rev. 53(3), 464–501 (2011)CrossRef
3.
go back to reference Bertsimas, D., Sim, M.: The price of robustness. Oper. Res. 52(1), 35–53 (2004)CrossRef Bertsimas, D., Sim, M.: The price of robustness. Oper. Res. 52(1), 35–53 (2004)CrossRef
4.
go back to reference Birge, J.R., Louveaux, F.: Introduction to Stochastic Programming, 2nd edn. Springer Series in Operations Research and Financial Engineering. Springer, New York (2011) Birge, J.R., Louveaux, F.: Introduction to Stochastic Programming, 2nd edn. Springer Series in Operations Research and Financial Engineering. Springer, New York (2011)
5.
go back to reference Chao, H., Huntington, H.: Designing Competitive Electricity Markets. Fred Hillier’s International Series in Operations Research & Management Science. Kluwer Academic Publishers, Boston, MA (1998) Chao, H., Huntington, H.: Designing Competitive Electricity Markets. Fred Hillier’s International Series in Operations Research & Management Science. Kluwer Academic Publishers, Boston, MA (1998)
6.
go back to reference Conejo, A.J., Carrión, M., Morales, J.: Decision Making Under Uncertainty in Electricity Markets. International Series in Operations Research & Management Science. Springer Verlag, New York (2010)CrossRef Conejo, A.J., Carrión, M., Morales, J.: Decision Making Under Uncertainty in Electricity Markets. International Series in Operations Research & Management Science. Springer Verlag, New York (2010)CrossRef
7.
go back to reference Djapic, P., Ramsay, C., Pudjianto, D., Strbac, G., Mutale, J., Jenkins, N., Allan, R.: Taking an active approach. IEEE Power Energy Mag. 5(4), 68–77 (2007)CrossRef Djapic, P., Ramsay, C., Pudjianto, D., Strbac, G., Mutale, J., Jenkins, N., Allan, R.: Taking an active approach. IEEE Power Energy Mag. 5(4), 68–77 (2007)CrossRef
8.
go back to reference Fang, X., Misra, S., Xue, G., Yang, D.: Smart grid—The new and improved power grid: A survey. IEEE Commun. Surv. Tutor. 14(4), 944–980 (2012) Fang, X., Misra, S., Xue, G., Yang, D.: Smart grid—The new and improved power grid: A survey. IEEE Commun. Surv. Tutor. 14(4), 944–980 (2012)
9.
go back to reference Giebel, G., Brownsword, R., Kariniotakis, G., Denhard, M., Draxl, C.: The State-Of-The-Art in Short-Term Prediction of Wind Power. ANEMOS.plus (2011) Project funded by the European Commission under the 6th Framework Program, Priority 6.1: Sustainable Energy Systems Giebel, G., Brownsword, R., Kariniotakis, G., Denhard, M., Draxl, C.: The State-Of-The-Art in Short-Term Prediction of Wind Power. ANEMOS.plus (2011) Project funded by the European Commission under the 6th Framework Program, Priority 6.1: Sustainable Energy Systems
10.
go back to reference Hedegaard, K., Meibom, P.: Wind power impacts and electricity storage—A time scale perspective. Renew. Energy 37(1), 318–324 (2012) Hedegaard, K., Meibom, P.: Wind power impacts and electricity storage—A time scale perspective. Renew. Energy 37(1), 318–324 (2012)
11.
go back to reference Karangelos, E., Bouffard, F.: Towards full integration of demand-side resources in joint forward energy/reserve electricity markets. IEEE Trans. Power Syst. 27(1), 280–289 (2012)CrossRef Karangelos, E., Bouffard, F.: Towards full integration of demand-side resources in joint forward energy/reserve electricity markets. IEEE Trans. Power Syst. 27(1), 280–289 (2012)CrossRef
12.
go back to reference Khodaei, A., Shahidehpour, M., Bahramirad, S.: SCUC with hourly demand response considering intertemporal load characteristics. IEEE Trans. Smart Grid 2(3), 564–571 (2011) Khodaei, A., Shahidehpour, M., Bahramirad, S.: SCUC with hourly demand response considering intertemporal load characteristics. IEEE Trans. Smart Grid 2(3), 564–571 (2011)
13.
go back to reference Mashhour, E., Moghaddas-Tafreshi, S.: Bidding strategy of virtual power plant for participating in energy and spinning reserve markets—Part I: Problem formulation. IEEE Trans. Power Syst. 26(2), 949–956 (2011)CrossRef Mashhour, E., Moghaddas-Tafreshi, S.: Bidding strategy of virtual power plant for participating in energy and spinning reserve markets—Part I: Problem formulation. IEEE Trans. Power Syst. 26(2), 949–956 (2011)CrossRef
14.
go back to reference Mashhour, E., Moghaddas-Tafreshi, S.: Bidding strategy of virtual power plant for participating in energy and spinning reserve markets—Part II: Numerical analysis. IEEE Trans. Power Syst. 26(2), 957–964 (2011)CrossRef Mashhour, E., Moghaddas-Tafreshi, S.: Bidding strategy of virtual power plant for participating in energy and spinning reserve markets—Part II: Numerical analysis. IEEE Trans. Power Syst. 26(2), 957–964 (2011)CrossRef
15.
go back to reference Pandžíc, H., Morales, J.M., Conejo, A.J., Kuzle, I.: Offering model for a virtual power plant based on stochastic programming. Appl. Energy 105, 282–292 (2013)CrossRef Pandžíc, H., Morales, J.M., Conejo, A.J., Kuzle, I.: Offering model for a virtual power plant based on stochastic programming. Appl. Energy 105, 282–292 (2013)CrossRef
16.
go back to reference Pepermans, G., Driesen, J., Haeseldonckx, D., Belmans, R., D’haeseleer, W.: Distributed generation: Definition, benefits and issues. Energy policy 33(6), 787–798 (2005) Pepermans, G., Driesen, J., Haeseldonckx, D., Belmans, R., D’haeseleer, W.: Distributed generation: Definition, benefits and issues. Energy policy 33(6), 787–798 (2005)
17.
go back to reference Schleicher-Tappeser, R.: How renewables will change electricity markets in the next five years. Energy Policy 48, 64–75 (2012)CrossRef Schleicher-Tappeser, R.: How renewables will change electricity markets in the next five years. Energy Policy 48, 64–75 (2012)CrossRef
18.
go back to reference Soyster, A.: Convex programming with set-inclusive constraints and applications to inexact linear programming. Oper. Res. 21(5), 1154–1157 (1973)CrossRef Soyster, A.: Convex programming with set-inclusive constraints and applications to inexact linear programming. Oper. Res. 21(5), 1154–1157 (1973)CrossRef
19.
go back to reference Stoft, S.: Power System Economics: Designing Markets for Electricity. John Wiley & Sons – IEEE Press, New York (2002) Stoft, S.: Power System Economics: Designing Markets for Electricity. John Wiley & Sons – IEEE Press, New York (2002)
20.
go back to reference Vittal, V.: The impact of renewable resources on the performance and reliability of the electricity grid. Bridge 23(1), 5–12 (2010) Vittal, V.: The impact of renewable resources on the performance and reliability of the electricity grid. Bridge 23(1), 5–12 (2010)
21.
go back to reference Wu, H., Shahidehpour, M., Khodayar, M.: Hourly demand response in day-ahead scheduling considering generating unit ramping cost. IEEE Trans. Power Syst. 28(3), 2446–2454 (2013)CrossRef Wu, H., Shahidehpour, M., Khodayar, M.: Hourly demand response in day-ahead scheduling considering generating unit ramping cost. IEEE Trans. Power Syst. 28(3), 2446–2454 (2013)CrossRef
Metadata
Title
Virtual Power Plants Virtual power plant
Authors
Juan M. Morales
Antonio J. Conejo
Henrik Madsen
Pierre Pinson
Marco Zugno
Copyright Year
2014
Publisher
Springer US
DOI
https://doi.org/10.1007/978-1-4614-9411-9_8