Data-driven virtual power plant bidding package model and its application to virtual VCG auction-based real-time power market

Data-driven virtual power plant bidding package model and its application to virtual VCG auction-based real-time power market

Energy storage and virtual power plant technologies have been developed and become important technical means to enhance power system stability and reduce real-time dispatching costs. In this study, the dispatching capability and dispatching cost characteristics of the virtual power plants are analys...

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Bibliographic Details
Main Authors: Chen Xinhe, Pei Wei, Deng Wei, Xiao Hao
Format: Article
Language:English
Published: Wiley 2020-04-01
Series:IET Smart Grid
Subjects:
power markets
electronic commerce
power generation economics
virtualisation
power engineering computing
real-time systems
cost characteristics
multiple virtual power plants
power system stability
real-time dispatching costs
virtual vcg auction
real-time power market
data-driven virtual power plant
real-time packing method
real-time power market mechanism
bidding package model
ieee-30 bus test system
integrated virtual vickrey–clarke–groves auction
Online Access:https://digital-library.theiet.org/content/journals/10.1049/iet-stg.2020.0038

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https://digital-library.theiet.org/content/journals/10.1049/iet-stg.2020.0038

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