Feasibility of Solar Grid-Based Industrial Virtual Power Plant for Optimal Energy Scheduling: A Case of Indian Power Sector

Harpreet Sharma, Sachin Mishra, Javed Dhillon, Naveen Kumar Sharma, Mohit Bajaj, Rizwan Tariq, Ateeq Ur Rehman, Muhammad Shafiq and Habib Hamam
Additional contact information
Harpreet Sharma: Punjab State Power Corporation Limited, Punjab 144001, India
Sachin Mishra: School of Electronics and Electrical Engineering, Lovely Professional University, Phagwara 144411, India
Javed Dhillon: School of Electronics and Electrical Engineering, Lovely Professional University, Phagwara 144411, India
Naveen Kumar Sharma: Department of Electrical Engineering, I. K. Gujral Punjab Technical University, Jalandhar 144603, India
Mohit Bajaj: Department of Electrical and Electronics Engineering, National Institute of Technology, Delhi 110040, India
Rizwan Tariq: Department of Electrical Engineering, Universiti Kuala Lumpur-BMI (UniKL-BMI), Gombak 53100, Malaysia
Ateeq Ur Rehman: Department of Electrical Engineering, Government College University, Lahore 54000, Pakistan
Muhammad Shafiq: Department of Information and Communication Engineering, Yeungnam University, Gyeongsan 38541, Korea
Habib Hamam: Faculty of Engineering, Moncton University, Moncton, NB E1A3E9, Canada

Energies, 2022, vol. 15, issue 3, 1-21

Abstract: The increased popularity of small-scale DER has replaced the well-established concept of conventional generating plants around the world. In the present energy scenario, a significant share of energy production now comes from the grid integrated DERs installed at various consumer premises. These DERs are being renewable-based generates only intermittent power, which in turn makes the scheduling of electrical dispatch a tough task. The Virtual Power Plant (VPP) is a potential solution to this challenge, which coordinates and aggregates the DERs generation into a single controllable profile. In this paper, a modified PSO-based multi-objective optimization is proposed for the VPP scheduling in distribution network applications such as energy cost minimization, peak shaving, and reliability improvement. For feasibility analysis of the VPP, a case study of state power utility is taken, which includes a 90 bus industrial feeder with grid integrated PVs as DER. The optimized results are computed in both grid-connected and autonomous mode reveal that the operating cost, peak demand, and EENS are declined by 31.70%, 23.59%, and 62.30% respectively. The overall results obtained are compared by the results obtained from other well-established optimization techniques and it is found that the proposed technique is comparatively more cost-effective than others.

Keywords: virtual power plant; solar PV; net-metering; distributed energy resources; battery storage (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/1996-1073/15/3/752/pdf (application/pdf)
https://www.mdpi.com/1996-1073/15/3/752/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:15:y:2022:i:3:p:752-:d:729456

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().