Risk Management of Virtual Power Plant Reserve Allocation

Tian Ran Li; Yun Hu Luo; Lin Sun

doi:10.4028/www.scientific.net/AMM.448-453.2695

Paper Titles

Impact Factor Estimation on Power Quality to Electric Power Market
p.2667

Research on Countermeasures for Investment Estimate Precision of Power Distribution Grid Project in Inner Mongolia
p.2673

Analysis of Power Planning Model Based on Minimizing the Operation and Maintenance Cost
p.2681

Power Planning Model of Microgrid Based on Minimizing the LCC Cost
p.2687

Risk Management of Virtual Power Plant Reserve Allocation
p.2695

A Method of Data Integration Check Based on Online Operation Data of Large-Scale Power System
p.2699

Research on Constructing the Economic Evaluation of Distributed Energy System
p.2703

Economic Analysis of Micro Grid Operation in Energy Self-Balance Mode
p.2709

Connotation and Research Areas of Coordinated Development of Power Supply, Load and Power Grid in Sichuan
p.2717

HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 448-453Risk Management of Virtual Power Plant Reserve...

Risk Management of Virtual Power Plant Reserve Allocation

Abstract:

Virtual Power Plant (VPP) is a new entity in power systems that manages a set of various distributed energy resources (DERs). One of the functions of VPP is to determine the allocation of reserve to solve the problem of renewable generation uncertainty. In this paper, the reserve resources of VPP are classified into non-renewable distributed generation (NRDG), energy storage device (ESD), interruptible load (IL) and reserve bought from the market (RBFM). Their complementary properties should be utilized to improve the economy of reserve allocation. An optimal coordination model for risk management of NRDG configuration of VPP reserve allocation is proposed. Simulation results are presented to validate that an optimal value of NRDG configuration should exist.

You might also be interested in these eBooks

Renewable Energy and Environmental Technology

View Preview

Info:

Periodical:

Applied Mechanics and Materials (Volumes 448-453)

Pages:

2695-2698

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.448-453.2695

Citation:

Cite this paper

Online since:

October 2013

Authors:

Tian Ran Li*, Yun Hu Luo, Lin Sun

Keywords:

Distributed Generation (DG), Renewable Energy Source, Reserve Allocation, Risk Management (RM), Virtual Power Plant

Export:

RIS, BibTeX

Price:

Permissions CCC:

Request Permissions

Permissions PLS:

Request Permissions

Сopyright:

Citation:

* - Corresponding Author

References

[1] M. Soltani, U. Shiraz, I. Shiraz, M. Raoofat, M.A. Rostami: Electrical Power Distribution Networks Vol. 1 (2012), p.1.

Google Scholar

[2] H. Saboori, M. Mohammadi, R. Taghe: Power and Energy Engineering Conference Vol. 1 (2011), p.1.

Google Scholar

[3] Z.A. Vale, H. Morais, M. Cardoso, C. Ramos, H. Khodr: Power and Energy Society General Meeting Vol. 1 (2008), p.2.

Google Scholar

[4] Y. Luo, Y. Xue, G. Ledwich, X. Yin, Z.Y. Dong, H. Liu, W. Hu: Power Engineering Conference Vol. 1 (2007), p.1.

Google Scholar

[5] G. Zhao, T. Liu, X. Li: Automation of Electric Power Systems Vol. 33(2009), p.85 (In Chinese).

Google Scholar

[6] Y. Lai, Y. Xue, D. Wang: Automation of Electric Power Systems Vol. 30(2006), p.4 (In Chinese).

Google Scholar

[7] Y. Luo, Y. Xue, X. Yin, Z.Y. Dong, G. Ledwich, L. Tingrui, X. Wang: Power Engineering Conference Vol. 1 (2007), p.3.

Google Scholar