Virtual power plant models and electricity markets - A review

Natalia Naval and Jose M. Yusta

Renewable and Sustainable Energy Reviews, 2021, vol. 149, issue C

Abstract: In recent years, the integration of distributed generation in power systems has been accompanied by new facility operations strategies. Thus, it has become increasingly important to enhance management capabilities regarding the aggregation of distributed electricity production and demand through different types of virtual power plants (VPPs). It is also important to exploit their ability to participate in electricity markets to maximize operating profits.

Keywords: Virtual power plants; Electricity markets; Distributed energy; Modeling; Optimization; Multiobjective (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (36)

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DOI: 10.1016/j.rser.2021.111393

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