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Energies 2017, 10(7), 968; https://doi.org/10.3390/en10070968

The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors

1
School of Economics and Management, North China Electric Power University, Baoding 071003, China
2
State Grid Longyan Electric Power Company, Longyan 364000, China
3
School of Electrical and Electronic Engineering, North China Electric Power University, Baoding 071003, China
*
Authors to whom correspondence should be addressed.
Academic Editor: Chunhua Liu
Received: 2 May 2017 / Revised: 6 July 2017 / Accepted: 6 July 2017 / Published: 11 July 2017
(This article belongs to the Section Electrical Power and Energy System)
Full-Text   |   PDF [1086 KB, uploaded 11 July 2017]   |  

Abstract

A virtual power plant (VPP) is a special virtual unit that integrates various distributed energy resources (DERs) distributed in the generation and consumption sides. The optimal configuration scheme of the VPP needs to break the geographical restrictions to make full use of DERs, considering the uncertainties. First, the components of the DERs and the structure of the VPP are briefly introduced. Next, the cubic exponential smoothing method is adopted to predict the VPP load requirement. Finally, the optimal configuration of the DER capacities inside the VPP is calculated by using portfolio theory and genetic algorithms (GA). The results show that the configuration scheme can optimize the DER capacities considering uncertainties, guaranteeing economic benefits of investors, and fully utilizing the DERs. Therefore, this paper provides a feasible reference for the optimal configuration scheme of the VPP from the perspective of investors. View Full-Text
Keywords: virtual power plant; distributed energy resources; optimal configuration; portfolio theory; genetic algorithm virtual power plant; distributed energy resources; optimal configuration; portfolio theory; genetic algorithm
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Wang, J.; Yang, W.; Cheng, H.; Huang, L.; Gao, Y. The Optimal Configuration Scheme of the Virtual Power Plant Considering Benefits and Risks of Investors. Energies 2017, 10, 968.

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