Stochastic operational scheduling of distributed energy resources in a large scale virtual power plant

Review of distributed generation (DG) system planning and optimisation techniques: Comparison of numerical and mathematical modelling methods

“…Apart from that, some DG technologies may decrease electric power system's capability to provide instantaneous power reserve to cater the demand load fluctuation. This could be due to uncertainty in energy source availability for wind and solar-based generations [79], and operational variability of CHP operation whereby decoupling between heat and electricity demands occurs [80]. Lastly, there are technical risks for DG investment, especially for those lacking technological maturity and commercial availability i.e.…”

Multi-objective optimization of a simplified factory model acting as a prosumer on the electricity market

“…Therefore, a multi-objective scheduling M A N U S C R I P T A C C E P T E D ACCEPTED MANUSCRIPT optimisation method has been developed which includes reducing electricity consumption and environmental impact of different systems (Liu et al, 2015). Using this approach Zamani et al (2016) analysed the simultaneous energy and reserve scheduling method for a Virtual Power Plant considering demand response resources, energy storages and uncertainties parameters. The study showed that modelling of uncertainties in operational planning problems makes the scheduled result more realistic.…”

A review on the virtual power plant: Components and operation systems

“…In [60], energy and ancillary services is offered to solve the joint management for the following day in view of minimizing the VPP total operation costs. In [61], a probabilistic model is proposed and investigated for optimal day ahead scheduling of electrical and thermal energy resources in a VPP by simultaneously scheduling the energy and reserve in the presence of energy storage devices and demand response resources.…”