Day-Ahead Bidding Strategy of a Virtual Power Plant with Multi-Level Electric Energy Interaction in China

Effective aggregation and rational allocation of flexible resources are the fundamental methods for solving the problem of an insufficient flexibility adjustment ability of a power system. The flexible scheduling resources of a distribution system are often small in scale and distributed mostly by d...

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Main Authors: Hui Sun, Yanan Dou, Shubo Hu, Zhengnan Gao, Zhonghui Wang, Peng Yuan
Format: Article
Language:English
Published: MDPI AG 2023-09-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/16/19/6760
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author Hui Sun
Yanan Dou
Shubo Hu
Zhengnan Gao
Zhonghui Wang
Peng Yuan
author_facet Hui Sun
Yanan Dou
Shubo Hu
Zhengnan Gao
Zhonghui Wang
Peng Yuan
author_sort Hui Sun
collection DOAJ
description Effective aggregation and rational allocation of flexible resources are the fundamental methods for solving the problem of an insufficient flexibility adjustment ability of a power system. The flexible scheduling resources of a distribution system are often small in scale and distributed mostly by different stakeholders. A virtual power plant (VPP) gathers small resources to participate in the day-ahead electricity market, but, due to the scale and characteristics of a VPP’s internal flexible resources, it cannot reach the access threshold of a peak shaving market in some periods due to small differences. In order to solve the market bidding problem of a VPP limited by capacity, and to achieve economic goals, a virtual power plant operator (VPPO) not only needs to interact with internal subjects but also needs to interact with other subjects with flexible resources in the distribution network. In this study, an electric vehicle (EV) cluster is taken as the interactive object, and a day-ahead bidding strategy of a VPP with multi-level electric energy interaction is proposed. The VPP not only makes full-time game pricing for internal participants but also makes time-sharing bargaining with an EV operator. The validity and the rationality of the proposed strategy are verified by an example.
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spelling doaj.art-bdc4a2a27edc4e0fac8e8ea70fc8c96e2023-11-19T14:18:29ZengMDPI AGEnergies1996-10732023-09-011619676010.3390/en16196760Day-Ahead Bidding Strategy of a Virtual Power Plant with Multi-Level Electric Energy Interaction in ChinaHui Sun0Yanan Dou1Shubo Hu2Zhengnan Gao3Zhonghui Wang4Peng Yuan5School of Electrical Engineering, Dalian University of Technology, Dalian 116024, ChinaSchool of Electrical Engineering, Dalian University of Technology, Dalian 116024, ChinaSchool of Electrical Engineering, Dalian University of Technology, Dalian 116024, ChinaSchool of Electrical Engineering, Dalian University of Technology, Dalian 116024, ChinaElectric Power Dispatching and Control Center of State Grid Liaoning Electric Power Co., Ltd., Shenyang 110055, ChinaState Grid Liaoning Electric Power Research Institute Co., Ltd., Shenyang 110055, ChinaEffective aggregation and rational allocation of flexible resources are the fundamental methods for solving the problem of an insufficient flexibility adjustment ability of a power system. The flexible scheduling resources of a distribution system are often small in scale and distributed mostly by different stakeholders. A virtual power plant (VPP) gathers small resources to participate in the day-ahead electricity market, but, due to the scale and characteristics of a VPP’s internal flexible resources, it cannot reach the access threshold of a peak shaving market in some periods due to small differences. In order to solve the market bidding problem of a VPP limited by capacity, and to achieve economic goals, a virtual power plant operator (VPPO) not only needs to interact with internal subjects but also needs to interact with other subjects with flexible resources in the distribution network. In this study, an electric vehicle (EV) cluster is taken as the interactive object, and a day-ahead bidding strategy of a VPP with multi-level electric energy interaction is proposed. The VPP not only makes full-time game pricing for internal participants but also makes time-sharing bargaining with an EV operator. The validity and the rationality of the proposed strategy are verified by an example.https://www.mdpi.com/1996-1073/16/19/6760virtual power plantdistributed energy resourcesdiversified demand-side resourcesday-ahead marketpower flexibility resourcesEV cluster
spellingShingle Hui Sun
Yanan Dou
Shubo Hu
Zhengnan Gao
Zhonghui Wang
Peng Yuan
Day-Ahead Bidding Strategy of a Virtual Power Plant with Multi-Level Electric Energy Interaction in China
Energies
virtual power plant
distributed energy resources
diversified demand-side resources
day-ahead market
power flexibility resources
EV cluster
title Day-Ahead Bidding Strategy of a Virtual Power Plant with Multi-Level Electric Energy Interaction in China
title_full Day-Ahead Bidding Strategy of a Virtual Power Plant with Multi-Level Electric Energy Interaction in China
title_fullStr Day-Ahead Bidding Strategy of a Virtual Power Plant with Multi-Level Electric Energy Interaction in China
title_full_unstemmed Day-Ahead Bidding Strategy of a Virtual Power Plant with Multi-Level Electric Energy Interaction in China
title_short Day-Ahead Bidding Strategy of a Virtual Power Plant with Multi-Level Electric Energy Interaction in China
title_sort day ahead bidding strategy of a virtual power plant with multi level electric energy interaction in china
topic virtual power plant
distributed energy resources
diversified demand-side resources
day-ahead market
power flexibility resources
EV cluster
url https://www.mdpi.com/1996-1073/16/19/6760
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