The Business Optimization Analysis of the Virtual Power Plant Based on the Large-Scale BESS System

Abstract:

In the new energy power generation process, because it’s difficult to balance the dynamic energy and the system operation cost is high, the paper puts forward the basic structure of the commercial virtual power plant based on BESS system, then discuss the proper run mode of the virtual power plant to maximize the total revenue. On the basis of the electricity price of the Chinese typical areas and the cost of the BESS system, the paper builds the mathematical model of the economic benefits of the virtual power plant based on BESS system. This paper also builds the regulation optimization simulation model of the virtual power plant based on the aim of maximizing the overall profit of the energy supply and demand sides, and calculates the dynamic balance elements and optimization optimal power output value based on optimization algorithm. The simulation results show that using the virtual power plant based on BESS system to peak load shifting and control frequency is feasible in the economy.

• Periodical: Advanced Materials Research (Volumes 1070-1072)
• Pages: 1524-1533
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.1070-1072.1524
• Online since: December 2014
• Authors: Tao Yan, Zhan Zhan Qu, Dong Hui, Yun Jia Liu, Peng Fei Jia, Xiao Kang Lai
• Keywords: Ancillary Services, Battery Energy Storage System (BESS), Distribute Energy Resource, Simulated Annealing, Virtual Power Plant

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