2023
DOI: 10.1109/access.2023.3280057
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Improved Light Robust Optimization Strategy for Virtual Power Plant Operations with Fluctuating Demand

Abstract: Aggregating loads and resources on both the supply and demand side of a virtual power plant (VPP) can enhance coordination between distributed generation systems and the power grid, ultimately improving the utilization rate and economic benefits of renewable energy. The energy storage system (ESS) has the added benefit of flexible demand-side resources, which can effectively suppress output uncertainty of distributed units and balance load fluctuations. This paper proposes an improved light robust (ILR) optimi… Show more

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Cited by 7 publications
(3 citation statements)
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References 31 publications
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“…The theoretical foundation and practical applications of the distributed approach in VPPs have been explored in recent research [25][26][27][28][29][30][31][32][33][34][35][36]. These studies provide valuable insights into the intricacies of implementing such systems, addressing key challenges such as communication technology requirements, system resilience, and the complex interplay between local and global objectives.…”
Section: Vpp-based Economic Dispatchmentioning
confidence: 99%
“…The theoretical foundation and practical applications of the distributed approach in VPPs have been explored in recent research [25][26][27][28][29][30][31][32][33][34][35][36]. These studies provide valuable insights into the intricacies of implementing such systems, addressing key challenges such as communication technology requirements, system resilience, and the complex interplay between local and global objectives.…”
Section: Vpp-based Economic Dispatchmentioning
confidence: 99%
“…The authors of [4][5][6][7][8][9][10][11][12] mainly address the topic of ED using more current methodologies that contribute to using strategies, methods and techniques to maximize the efficiency and reliability of electrical systems and provide more efficient and sustainable solutions in electrical engineering. Reference [13] provides an overview of the most commonly used models in academic research and industrial practice to analyze and understand the information and benefits related to CCPPs, ranging from a detailed description of CCPP components and processes to an analysis of their operational benefits.…”
Section: Introductionmentioning
confidence: 99%
“…The grid's settings as well as the load balancing can be hence remotely adjusted, therefore optimizing the energy distribution what results in turn in a higher grid's reliability. The stated realtime monitoring and analytics features offered by smart grids, contribute significantly towards better energy production efficiency, by enabling a deeper understanding of the energy consumption patterns as well as the demand fluctuations [6]. Accordingly, such insight gives a better advantage for more precise load balancing and optimized energy generation, what in turns yield to a reduced grid's power losses (i.e., wastage).…”
mentioning
confidence: 99%