Towards next generation virtual power plant: Technology review and frameworks

Erphan A. Bhuiyan, Md. Zahid Hossain, S.M. Muyeen, Shahriar Rahman Fahim, Subrata K. Sarker and Sajal K. Das

Renewable and Sustainable Energy Reviews, 2021, vol. 150, issue C

Abstract: Modernization in the area of smart energy equipment, are forming the perception of an interlinked energy network in subsequent times. This energy network is contemplated to govern real-time energy consumption and optimization in the future. Traversing a prolonged period of development, the energy industry has reached the landmark of Virtual Power Plant (VPP) and still going onward to this newfangled energy network, also can be called the next generation VPP. This paper demonstrates the challenges and opportunities in executing the transpiring aspects of the next generation VPP. Based on essential components and requisites, detailed descriptions are depicted from different technological viewpoints such as electrical and communication, computing technologies, energy management, economic profit, geographical factors, and adoption of emerging technologies. We also present the recent updates of existing VPP projects. Finally, considerations towards implementing the next generation VPP are marked out, along with necessary frameworks, regulations, and policies. This paper can provide prudent support for researchers and practitioners in the field of VPP.

Keywords: Virtual power plant; Energy value chain; Smart energy network; Distributed generation integration; Emerging technologies; Technological challenges (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (25)

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DOI: 10.1016/j.rser.2021.111358

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