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Conference paper information

Optimal management of virtual power plants in liberalised markets

P. Sánchez, A. Ramos, J. García-González

20th Conference of the International Federation of Operational Research Societies - IFORS 2014, Barcelona (Spain). 13 July 2014


Summary:
The communication shows the impact of new entrant technologies in liberalized electricity markets that could choose Virtual Power Plant (VPP) as a business or operation model. At the same time a generic model is presented matching liberalized energy markets and VPP implementation. Different technologies are detailed as generation and consumption VPP components, where VPP acts as aggregator and demands side manager. The study uses a unit commitment model within a full year time-span. The Spanish Case Study shows how VPP implementation could benefit the electric system in terms of system costs.


Publication date: July 2014.



Citation:
P. Sánchez, A. Ramos, J. García-González, Optimal management of virtual power plants in liberalised markets, 20th Conference of the International Federation of Operational Research Societies - IFORS 2014, Barcelona (Spain). 13-18 July 2014.