Study on Bidding Optimization Model of Virtual Power Plant with Demand Response Participation

Abstract:

The reform of the electricity market has driven the optimization demand for distributed energy, which involves energy conversion efficiency in mechanical mechanics and intelligent control strategies in automation technology to ensure that virtual power plants can achieve maximum economic benefits. This chapter first analyzes the technical characteristics of demand response; Secondly, with the goal of maximizing the operating income of virtual power plant, a bidding optimization model considering the participation of demand response technology in virtual power plant operation is established, and the solution method is designed. Finally, the empirical analysis of the demonstration project shows that when the virtual power plant participates in the operation of internal and external markets, each energy conversion equipment has a certain impact on it. The benefits brought by the comprehensive consideration of demand response technology and the independent consideration of demand response technology are different, respectively, 197,322 yuan and 102,388 yuan. It is proved that virtual power plant can obtain higher benefits than traditional demand response.

• Periodical: Advances in Science and Technology (Volume 166)
• Pages: 49-56
• DOI: https://doi.org/10.4028/p-5kGlTy
• Online since: June 2025
• Authors: Wen Feng Yao*, Guang Lei Huang, Tian Mao, Jiang Nan Li, Wen Meng Zhao, Tao Wang, Ji Ru Jiang
• Keywords: Bidding Optimization, Demand Response Technology, Virtual Power Plant

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