Modeling Demand Flexibility of RES-based Virtual Power Plants

Autor:	Oladimeji, Oluwaseun, Ortega, Alvaro, Sigrist, Lukas, Sanchez-Martin, Pedro, Lobato, Enrique, Rouco, Luis
Rok vydání:	2021
Předmět:	Mathematics - Optimization and Control Electrical Engineering and Systems Science - Systems and Control
Druh dokumentu:	Working Paper
Popis:	In this paper, an approach to evaluate the benefits of demand flexibility for Virtual Power Plants (VPPs) is presented. The flexible demands chosen in this study are part of a renewable energy source-based VPP that participates in Day-Ahead Market (DAM) and Intra-Day Market (IDM) and has dispatchable and non-dispatchable assets. A demand model with bi-level flexibility is proposed: the first level is associated with DAM, whereas the second level is related to IDM sessions. Simulations are carried out considering a 12-node network to ascertain the eventual impacts of modeling demand flexibility on VPP operation. The market structure considered in the case study resembles the different trading floors in the Spanish electricity market. Results obtained show that the proposed demand flexibility scheme increases the overall profit of the VPP, as well as the revenues of the demand owners without disrupting consumers' comfort. Comment: 5 pages, 5 figures, conference. arXiv admin note: substantial text overlap with arXiv:2112.02200
Databáze:	arXiv
Externí odkaz:	http://arxiv.org/abs/2112.03261 Zobrazit plný text záznamu View this record from Arxiv