Virtual power plant models and electricity markets - A review
Resumen: 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.

This review article focuses on the classification and in-depth analysis of recent studies that propose VPP models including interactions with different types of energy markets. This classification is formulated according to the most important aspects to be considered for these VPPs. These include the formulation of the model, techniques for solving mathematical problems, participation in different types of markets, and the applicability of the proposed models to real case studies. From the analysis of the studies, it is concluded that the most recent models tend to be more complete and realistic in addition to featuring greater diversity in the types of electricity markets in which VPPs participate. The aim of this review is to identify the most profitable VPP scheme to be applied in each regulatory environment. It also highlights the challenges remaining in this field of study.

Idioma: Inglés
DOI: 10.1016/j.rser.2021.111393
Año: 2021
Publicado en: RENEWABLE & SUSTAINABLE ENERGY REVIEWS 149 (2021), 111393 [13 pp]
ISSN: 1364-0321

Factor impacto JCR: 16.799 (2021)
Categ. JCR: ENERGY & FUELS rank: 8 / 119 = 0.067 (2021) - Q1 - T1
Categ. JCR: GREEN & SUSTAINABLE SCIENCE & TECHNOLOGY rank: 1 / 47 = 0.021 (2021) - Q1 - T1

Factor impacto CITESCORE: 28.5 - Energy (Q1)

Factor impacto SCIMAGO: 3.678 - Renewable Energy, Sustainability and the Environment (Q1)

Tipo y forma: Article (Published version)
Área (Departamento): Área Ingeniería Eléctrica (Dpto. Ingeniería Eléctrica)

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Exportado de SIDERAL (2023-05-18-13:15:31)

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 Record created 2021-12-16, last modified 2023-05-19

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