The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors
A virtual power plant (VPP) is a special virtual unit that integrates various distributed energy resources (DERs) distributed in the generation and consumption sides. The optimal configuration scheme of the VPP needs to break the geographical restrictions to make full use of DERs, considering the un...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2017-07-01
|
| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/10/7/968 |
| _version_ | 1818015964542795776 |
|---|---|
| author | Jingmin Wang Wenhai Yang Huaxin Cheng Lingyu Huang Yajing Gao |
| author_facet | Jingmin Wang Wenhai Yang Huaxin Cheng Lingyu Huang Yajing Gao |
| author_sort | Jingmin Wang |
| collection | DOAJ |
| description | A virtual power plant (VPP) is a special virtual unit that integrates various distributed energy resources (DERs) distributed in the generation and consumption sides. The optimal configuration scheme of the VPP needs to break the geographical restrictions to make full use of DERs, considering the uncertainties. First, the components of the DERs and the structure of the VPP are briefly introduced. Next, the cubic exponential smoothing method is adopted to predict the VPP load requirement. Finally, the optimal configuration of the DER capacities inside the VPP is calculated by using portfolio theory and genetic algorithms (GA). The results show that the configuration scheme can optimize the DER capacities considering uncertainties, guaranteeing economic benefits of investors, and fully utilizing the DERs. Therefore, this paper provides a feasible reference for the optimal configuration scheme of the VPP from the perspective of investors. |
| first_indexed | 2024-04-14T07:05:18Z |
| format | Article |
| id | doaj.art-f35849403baa489482f8f82c5ea5cc7d |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-04-14T07:05:18Z |
| publishDate | 2017-07-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-f35849403baa489482f8f82c5ea5cc7d2022-12-22T02:06:35ZengMDPI AGEnergies1996-10732017-07-0110796810.3390/en10070968en10070968The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of InvestorsJingmin Wang0Wenhai Yang1Huaxin Cheng2Lingyu Huang3Yajing Gao4School of Economics and Management, North China Electric Power University, Baoding 071003, ChinaSchool of Economics and Management, North China Electric Power University, Baoding 071003, ChinaState Grid Longyan Electric Power Company, Longyan 364000, ChinaState Grid Longyan Electric Power Company, Longyan 364000, ChinaSchool of Electrical and Electronic Engineering, North China Electric Power University, Baoding 071003, ChinaA virtual power plant (VPP) is a special virtual unit that integrates various distributed energy resources (DERs) distributed in the generation and consumption sides. The optimal configuration scheme of the VPP needs to break the geographical restrictions to make full use of DERs, considering the uncertainties. First, the components of the DERs and the structure of the VPP are briefly introduced. Next, the cubic exponential smoothing method is adopted to predict the VPP load requirement. Finally, the optimal configuration of the DER capacities inside the VPP is calculated by using portfolio theory and genetic algorithms (GA). The results show that the configuration scheme can optimize the DER capacities considering uncertainties, guaranteeing economic benefits of investors, and fully utilizing the DERs. Therefore, this paper provides a feasible reference for the optimal configuration scheme of the VPP from the perspective of investors.https://www.mdpi.com/1996-1073/10/7/968virtual power plantdistributed energy resourcesoptimal configurationportfolio theorygenetic algorithm |
| spellingShingle | Jingmin Wang Wenhai Yang Huaxin Cheng Lingyu Huang Yajing Gao The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors Energies virtual power plant distributed energy resources optimal configuration portfolio theory genetic algorithm |
| title | The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors |
| title_full | The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors |
| title_fullStr | The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors |
| title_full_unstemmed | The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors |
| title_short | The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors |
| title_sort | optimal configuration scheme of the virtual power plant considering benefits and risks of investors |
| topic | virtual power plant distributed energy resources optimal configuration portfolio theory genetic algorithm |
| url | https://www.mdpi.com/1996-1073/10/7/968 |
| work_keys_str_mv | AT jingminwang theoptimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors AT wenhaiyang theoptimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors AT huaxincheng theoptimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors AT lingyuhuang theoptimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors AT yajinggao theoptimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors AT jingminwang optimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors AT wenhaiyang optimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors AT huaxincheng optimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors AT lingyuhuang optimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors AT yajinggao optimalconfigurationschemeofthevirtualpowerplantconsideringbenefitsandrisksofinvestors |