Risk-based Optimal Bidding and Operational Scheduling of a Virtual Power Plant Considering Battery Degradation Cost and Emission
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Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Univ Suceava, Fac Electrical Eng
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
A virtual power plant (VPP) is a system combining various types of distributed energy resources (DERs) to provide a reliable power system operation. It provides the advantage of making changes in generation according to variety, price, and demand conditions with bringing renewable energy sources (RES) in a single portfolio and using their flexibility. In this study, it is tried to find optimal bidding and operational scheduling of a VPP containing Wind Power Plant (WPP), Photovoltaic Power Plant (PVPP), Heat-Only Unit (HOU), Battery Energy Storage System (BESS), Combined Heat and Power Plant (CHPP), and electrical/thermal demands and participating in the day-ahead electricity market in 24-h time interval. It is aimed to maximize profit and minimize emissions with considering the battery cost. A stochastic model is formed by considering the uncertainty arising from RES. In addition, CVaR (Conditional Value at Risk) as a risk measurement technique is applied against the risk arising from low profit scenarios. The proposed optimization problem formulated as a stochastic Mixed Integer Nonlinear Programming (MINLP) model and is solved by solver LINDO in GAMS (General Algebraic Modelling System). The case studies are implemented to show the applicability and effectiveness of the presented model.
Açıklama
Anahtar Kelimeler
distributed power generation; energy management; power system planning; renewable energy sources; risk analysis
Kaynak
Advances In Electrical and Computer Engineering
WoS Q Değeri
Q4
Scopus Q Değeri
Q3
Cilt
23
Sayı
2
