2022
DOI: 10.1109/tste.2022.3187217
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Role of Aggregator in Coordinating Residential Virtual Power Plant in “StoreNet” : A Pilot Project Case Study

Abstract: Towards the development and demonstration of an innovative business model where the value proposition for consumers/prosumers, aggregators and network operators are well maintained, this study assesses the performance of different aggregation control strategies for a distributed energy storage based residential virtual power plant (VPP). A special focus is given on the social welfare and network strength and their relation to energy storage capacity and power budgets allocation. The study is based on a real-li… Show more

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Cited by 17 publications
(15 citation statements)
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References 26 publications
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“…The island has been promoting grid edge technologies through the development of the National Energy and Climate Plan [30]. StoreNet pilot project [31], [32] is part of the Irish contribution to the state of the art of understanding and assessing the future role of residential prosumers in promoting smart grid application. StoreNet is an industry-led, collaborative and real-life demonstration project with SOLO Energy (aggregator), Electric Ireland (utility supplier), and ESB Networks (distribution network operator).…”
Section: B Gaps and Paper Contributionmentioning
confidence: 99%
“…The island has been promoting grid edge technologies through the development of the National Energy and Climate Plan [30]. StoreNet pilot project [31], [32] is part of the Irish contribution to the state of the art of understanding and assessing the future role of residential prosumers in promoting smart grid application. StoreNet is an industry-led, collaborative and real-life demonstration project with SOLO Energy (aggregator), Electric Ireland (utility supplier), and ESB Networks (distribution network operator).…”
Section: B Gaps and Paper Contributionmentioning
confidence: 99%
“…The main categorization of the Aggregator relies on its technical activities. In [34], the Aggregator is primarily the technical operator of a Virtual Power Plant (VPP), which is defined as an "information and communications technology system with the functionalities of enhancing renewable power generation, aggregating DERs and valuing them on market" [35]. So, in this role, it performs a twofold activity on VPP:…”
Section: Taxonomymentioning
confidence: 99%
“…Developing these strategies is required for the Aggregator to exhibit strong skills in asset coordination and flexibility management. This is possible thanks to optimization algorithms, typically of mixed-integer linear (MILP) optimization [34,50,51], the development of which is a crucial success factor of the aggregator's activity.…”
Section: Market Participation and Strategiesmentioning
confidence: 99%
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“…As the scale of CVPP continues to expand, its market behavior affects the distribution network. In order to ensure the safety of distribution network operation, a DSO certification VPP regulation plan is required [21] .…”
Section: Based On Commercial Virtual Power Plantsmentioning
confidence: 99%