Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
  • Additional Information
    • Publication Information:
      IEEE
    • Publication Date:
      2020
    • Abstract:
      This paper presents an optimal bidding and offering strategy for a virtual power plant (VPP), which participates in day-ahead (DA) and balancing markets. The VPP comprises distributed energy resources, plug-in electric vehicles (PEVs) and flexible demands. The objective of the problem is maximizing the VPP’s profit while demand response (DR) providers who aggregated the loads try to supply the required demand under their jurisdiction with minimum costs. The proposed optimization problem is formulated as a bi-level stochastic scheduling programming to address uncertainties in DA and balancing electricity prices, renewable energy source’s (RES) and DR relationship. Simulation results demonstrate the applicability and effectiveness of the proposed model to any real markets. Also, numerical results show that the flexibility of responsive loads and PEVs can improve the VPP operator's energy management and increase its expected profit.
    • Contents Note:
      Conference Acronym: MELECON
    • Author Affiliations:
      University of Birjand,Birjand,Iran
      University of Vaasa,Vaasa,Finland
      University of Beira Interior,C-MAST,Covilha,Portugal
      Faculty of Engineering of the University of Porto and INESC TEC,Porto,Portugal
    • ISBN:
      978-1-7281-5200-4
      978-1-7281-5199-1
    • ISSN:
      2158-8481
    • Relation:
      2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON)
    • Accession Number:
      10.1109/MELECON48756.2020.9140502
    • Rights:
      Copyright 2020, IEEE
    • AMSID:
      9140502
    • Conference Acronym:
      MELECON
    • Date of Current Version:
      2020
    • Document Subtype:
      IEEE Conference
    • Notes:
      Conference Location: Palermo, Italy, Italy

      Conference Start Date: 16 June 2020

      Conference End Date: 18 June 2020
    • Accession Number:
      edseee.9140502
  • Citations
    • ABNT:
      RASHIDIZADEH-KERMANI, H. et al. Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market. 2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON), Electrotechnical Conference ( MELECON), 2020 IEEE 20th Mediterranean, [s. l.], p. 599–604, 2020. DOI 10.1109/MELECON48756.2020.9140502. Disponível em: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edseee&AN=edseee.9140502. Acesso em: 28 set. 2020.
    • AMA:
      Rashidizadeh-Kermani H, Vahedipour-Dahraie M, Shafie-khah M, Osorio GJ, Catalao JPS. Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market. 2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON), Electrotechnical Conference ( MELECON), 2020 IEEE 20th Mediterranean. June 2020:599-604. doi:10.1109/MELECON48756.2020.9140502
    • APA:
      Rashidizadeh-Kermani, H., Vahedipour-Dahraie, M., Shafie-khah, M., Osorio, G. J., & Catalao, J. P. S. (2020). Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market. 2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON), Electrotechnical Conference ( MELECON), 2020 IEEE 20th Mediterranean, 599–604. https://doi.org/10.1109/MELECON48756.2020.9140502
    • Chicago/Turabian: Author-Date:
      Rashidizadeh-Kermani, Homa, Mostafa Vahedipour-Dahraie, Miadreza Shafie-khah, Gerardo J. Osorio, and Joao P. S. Catalao. 2020. “Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market.” 2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON), Electrotechnical Conference ( MELECON), 2020 IEEE 20th Mediterranean, June, 599–604. doi:10.1109/MELECON48756.2020.9140502.
    • Harvard:
      Rashidizadeh-Kermani, H. et al. (2020) ‘Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market’, 2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON), Electrotechnical Conference ( MELECON), 2020 IEEE 20th Mediterranean, pp. 599–604. doi: 10.1109/MELECON48756.2020.9140502.
    • Harvard: Australian:
      Rashidizadeh-Kermani, H, Vahedipour-Dahraie, M, Shafie-khah, M, Osorio, GJ & Catalao, JPS 2020, ‘Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market’, 2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON), Electrotechnical Conference ( MELECON), 2020 IEEE 20th Mediterranean, pp. 599–604, viewed 28 September 2020, .
    • MLA:
      Rashidizadeh-Kermani, Homa, et al. “Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market.” 2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON), Electrotechnical Conference ( MELECON), 2020 IEEE 20th Mediterranean, June 2020, pp. 599–604. EBSCOhost, doi:10.1109/MELECON48756.2020.9140502.
    • Chicago/Turabian: Humanities:
      Rashidizadeh-Kermani, Homa, Mostafa Vahedipour-Dahraie, Miadreza Shafie-khah, Gerardo J. Osorio, and Joao P. S. Catalao. “Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market.” 2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON), Electrotechnical Conference ( MELECON), 2020 IEEE 20th Mediterranean, June 1, 2020, 599–604. doi:10.1109/MELECON48756.2020.9140502.
    • Vancouver/ICMJE:
      Rashidizadeh-Kermani H, Vahedipour-Dahraie M, Shafie-khah M, Osorio GJ, Catalao JPS. Optimal Scheduling of a Virtual Power Plant with Demand Response in Short-Term Electricity Market. 2020 IEEE 20th Mediterranean Electrotechnical Conference ( MELECON), Electrotechnical Conference ( MELECON), 2020 IEEE 20th Mediterranean [Internet]. 2020 Jun 1 [cited 2020 Sep 28];599–604. Available from: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edseee&AN=edseee.9140502