Abstract
Power systems have been through deep changes in recent years, namely due to the operation of competitive electricity markets in the scope the increasingly intensive use of renewable energy sources and distributed generation. This requires new business models able to cope with the new opportunities that have emerged. Virtual Power Players (VPPs) are a new type of player that allows aggregating a diversity of players (Distributed Generation (DG), Storage Agents (SA), Electrical Vehicles (V2G) and consumers) to facilitate their participation in the electricity markets and to provide a set of new services promoting generation and consumption efficiency, while improving players' benefits. A major task of VPPs is the remuneration of generation and services (maintenance, market operation costs and energy reserves), as well as charging energy consumption. This paper proposes a model to implement fair and strategic remuneration and tariff methodologies, able to allow efficient VPP operation and VPP goals accomplishment in the scope of electricity markets.
Original language | English |
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Title of host publication | Proceedings of 2013 IEEE Grenoble PowerTech (POWERTECH) |
Number of pages | 6 |
Publisher | IEEE |
Publication date | 2013 |
ISBN (Print) | 9781467356695 |
DOIs | |
Publication status | Published - 2013 |
Externally published | Yes |
Event | 2013 IEEE Grenoble PowerTech Conference - Grenoble, France Duration: 16 Jun 2013 → 20 Jun 2013 https://ieeexplore.ieee.org/document/6652394 |
Conference
Conference | 2013 IEEE Grenoble PowerTech Conference |
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Country/Territory | France |
City | Grenoble |
Period | 16/06/2013 → 20/06/2013 |
Internet address |
Keywords
- Power, Energy and Industry Applications
- Electricity Markets
- Multi-agent Simulation
- Remuneration
- Tariff
- Virtual Power Players