Search Results (240)

Under the dual targets of carbon peaking and carbon neutrality, virtual power plants (VPPs) are expected to coordinate distributed energy resources in distribution networks to ensure low-carbon operation. This paper introduces a distribution-level dynamic carbon emission factor (DCEF), derived from nodal carbon potentials on an IEEE 33-bus distribution network, and uses it as a time-varying carbon signal to guide VPP scheduling. A bi-objective ε-constraint mixed-integer linear programming model is formulated to minimise daily operating costs and CO₂ emissions, with a demand response and battery storage being dispatched under network constraints. Four seasonal typical working days are constructed from measured load data and wind/PV profiles, and three strategies are compared: pure economic dispatch, dispatch with a static average carbon factor, and dispatch with the proposed spatiotemporal DCEF. Our results show that the DCEF-based strategy reduces daily CO₂ emissions by up to about 8–9% in the typical summer day compared with economic dispatch, while in spring, autumn, and winter, it achieves smaller but measurable reductions in the order of 0.1–0.3% of daily emissions. Across all seasons, the average and peak carbon potential are noticeably lowered, and renewable energy utilisation is improved, with limited impacts on costs. These findings indicate that feeder-level DCEFs provide a practical extension of existing carbon-aware demand response frameworks for low-carbon VPP dispatch in distribution networks. Full article

The rapid proliferation of Electric Vehicles (EVs) offers a promising pathway toward reducing greenhouse gas emissions and fostering a sustainable environment. However, the large-scale integration of EVs presents significant challenges to distribution networks, potentially increasing stress on grid infrastructure. To address these challenges, this study proposes the integration of a Virtual Power Plant (VPP) framework within EV charging stations as a novel approach to facilitate dynamic power management. The proposed framework integrates electric vehicle (EV) scheduling, battery energy storage (BES) charging, and vehicle-to-grid (V2G) support, while dynamically monitoring energy generation and consumption. This approach aims to enhance voltage regulation and minimize both EV charging durations and waiting periods. A modified IEEE 13-bus test network, equipped with six strategically placed EV charging stations, has been employed to evaluate the performance of the proposed model. Simulation results indicate that the proposed VPP-based method enables dynamic power coordination through EV scheduling, significantly improving the voltage stability margin of the distribution system and efficiently reduces charging times for EV users. Full article

A virtual power plant (VPP) faces multiple uncertainties and temporal coupled decisions when participating as an independent entity in electricity and green markets. A multi-level electricity–green coupled market framework is constructed for a VPP participating as an independent market entity. To address uncertainties in renewable energy outputs and market prices, a risk management method based on conditional value at risk entropy weight method information gap decision theory (CVaR-EIGDT) is proposed. To address the temporal coupled challenges in VPP participation across multi-level electricity–green coupled markets, a multi-stage rolling decision-making method coordinating annual, monthly, and daily scales is proposed, achieving deep coupling in the decision-making sequence of multi-level electricity–green coupled markets. Results show that the proposed model enables adaptive decision-making under varying risk preferences, with decisions exhibiting strong practical adaptability while balancing real-time adjustments and long-term planning. The multi-level electricity–green coupled market framework enhances VPP profitability and resilience, while the CVaR-EIGDT method effectively improves decision-making efficiency across multi-level electricity–green coupled markets. Full article

Growing EV adoption is reshaping how Distributed Energy Resources (DERs) interact with the grid, playing a pivotal role in global decarbonization efforts and the transition towards a sustainable energy future. This study built a Virtual Power Plant (VPP) operation framework centered on EV behavioral dynamics, connecting individual driving and charging behaviors with the physical and economic layers of energy management. The EV behavioral dynamic model quantifies the stochastic travel, parking, and charging behaviors of individual EVs through an Agent-Based Trip and Charging Chain (AB-TCC) simulation, producing a Behavioral Flexibility Trace (BFT) that represents time-resolved EV availability and flexibility. The Forecasting Model employs a Bi-directional Long Short-Term Memory (Bi-LSTM) network trained on historical meteorological data to predict short-term renewable generation and represent physical variability. The two-stage optimization model integrates behavioral and physical information with market price signals to coordinate day-ahead scheduling and real-time operation, minimizing procurement costs and mitigating imbalance penalties. Simulation results indicate that the proposed framework yielded an approximately 15% increase in revenue over 7 days through EV-based flexibility utilization. These findings demonstrate that the proposed approach effectively leverages EV flexibility to manage renewable generation variability, thereby enhancing both the profitability and operational reliability of VPPs in local distribution systems. This facilitates greater penetration of intermittent renewable energy sources, accelerating the transition to a low-carbon energy system. Full article

Maximizing the optimal scheduling capability of a virtual power plant (VPP) over its aggregated resources is crucial for increasing its revenue. However, the limited dispatchable resources in single-energy VPPs hinder maximum economic efficiency. To address this issue, in this paper, a multienergy virtual power plant (MEVPP), which aggregates distributed electrical, thermal, and demand-side flexible resources, is introduced. Furthermore, a low-carbon economic dispatch strategy model is proposed for the coordinated operation of the MEVPP with shared energy storage. First, an MEVPP model incorporating shared energy storage is constructed, with equipment modeling developed from both electrical and thermal dimensions. Second, a low-carbon dispatch strategy that incorporates multiple types of demand responses is formulated, accounting for the effects of electrical and thermal demand responses, as well as carbon emissions, on dispatch. The simulation results demonstrate that, compared with models that do not consider the multienergy demand response, the proposed model reduces system operating costs to 54.2% and system carbon emissions to 42%. Additionally, the MEVPP can leverage energy storage by charging during low-price periods and discharging during high-price periods, thereby enabling low-carbon and economically viable system operation. This study offers valuable insights for the optimized operation of MEVPP systems. Full article

Virtual power plants (VPPs) provide essential regulation capabilities by aggregating diverse distributed energy resources (DERs). Accurately assessing the value of VPPs from the grid’s side is essential for improving market mechanism design and, in turn, encouraging participation of VPPs. However, existing assessment methods neglect the refined evaluations integrating Automatic Generation Control (AGC)-based operational simulations derived from economic dispatch results, thereby failing to comprehensively capture the multi-dimensional benefits VPPs contribute to the grid. To bridge this gap, this study proposes a multi-dimensional benefit assessment method of VPPs and a simulation method from the grid’s perspective. First, the environmental, security, and economic benefits of VPPs are characterized. A decoupled quantitative assessment framework based on the Vickrey-Clarke-Groves (VCG) mechanism is then established to evaluate these benefits by analyzing system cost variations induced by VPP aggregation. Next, the method of actual operation simulation based on scheduling outcomes is discussed. The corresponding system operation costs are obtained under various scenarios. Case studies utilizing real-world data from a provincial power grid in China analyzed the benefits of VPPs across multiple scenarios defined by varying renewable energy penetration rates, aggregation sizes, and output stability. Notably, the value of the VPP differs significantly across renewable energy penetration levels. Under high penetration, its value increases by 18.5% compared with the low-penetration case, and the value of security and ancillary services accounts for the largest share (50.3%), a component frequently overlooked in existing literature. These findings offer valuable insights for optimizing electricity market mechanisms. Full article

Balancing (real-time) market price forecasting is a vital enabler for renewable integration, storage arbitrage, and risk-aware trading, yet the literature remains fragmented and underdeveloped. This review addresses these shortcomings by systematically categorizing and evaluating studies across prediction horizons, modeling paradigms, and data-engineering practices. We show that enriching forecasts with auxiliary features, such as day-ahead prices, net imbalance volumes, renewable forecast errors, and meteorological inputs, substantially reduces error relative to price-only baselines. Probabilistic frameworks, while invaluable for providing risk envelopes in bidding strategies, are still underexploited. Typical reported accuracy spans mean absolute percentage errors of approximately 3–10% for very short-term (1–6 h ahead) horizons, 10–20% for mid-term horizons (12–24 h ahead), and around 25% for longer horizons (24–36 h ahead), with spikes and rapid ramps driving most residual error. From this synthesis, we identify the following four critical research gaps: (1) inadequate modeling of price spikes and ramps, (2) limited innovation in pre- and post-processing techniques, (3) sparse adoption of profit-driven (revenue-aware) evaluation, and (4) weak segmentation of distinct temporal regimes. By mapping prevailing methodologies, benchmarking performance, and highlighting emerging paradigms, such as feedback-driven, risk-aware, feature-enriched pipelines, this review delineates the state of the art and proposes a research agenda focused on maximizing economic value. Full article

To improve the load frequency control (LFC) performance of power systems incorporating virtual power plants (VPPs) while reducing network resource consumption, a model predictive control (MPC) method based on a mixed time/event-triggered mechanism (MTETM) is proposed. This mechanism integrates an event-triggered mechanism (ETM) with a time-triggered mechanism (TTM), where ETM avoids unnecessary signal transmission and TTM ensures fundamental control performance. Subsequently, for the LFC system incorporating VPPs, a state hard constrained MPC problem is formulated and transformed into a “min-max” optimisation problem. Through linear matrix inequalities, the original optimisation problem is equivalently transformed into an auxiliary optimisation problem, with the optimal control law solved via rolling optimisation. Theoretical analysis demonstrates that the proposed auxiliary optimisation problem possesses recursive feasibility, whilst the closed-loop system satisfies input-to-state stability. Finally, validation through case studies of two regional power systems demonstrates that the MPC approach based on MTETM outperforms the ETM-based MPC approach in terms of control performance while maintaining a triggering rate of 33.3%. Compared with the TTM-based MPC algorithm, the MTETM-based MPC method reduces the triggering rate by 66.7%, while maintaining nearly equivalent control performance. Consequently, the results validate the effectiveness of the MTETM-based MPC approach in conserving network resources while maintaining control performance. Full article

Driven by the global energy transition and carbon-neutrality goals, virtual power plants (VPPs) are expected to aggregate distributed energy resources and participate in multiple electricity markets while achieving economic efficiency and low carbon emissions. However, the strong volatility of wind and photovoltaic generation, together with the coupling between electric and thermal loads, makes real-time VPP scheduling challenging. Existing deep reinforcement learning (DRL)-based methods still suffer from limited predictive awareness and insufficient handling of physical and carbon-related constraints. To address these issues, this paper proposes an improved model, termed SAC-LAx, based on the Soft Actor–Critic (SAC) deep reinforcement learning algorithm for intelligent VPP scheduling. The model integrates an Attention–xLSTM prediction module and a Linear Programming (LP) constraint module: the former performs multi-step forecasting of loads and renewable generation to construct an extended state representation, while the latter projects raw DRL actions onto a feasible set that satisfies device operating limits, energy balance, and carbon trading constraints. These two modules work together with the SAC algorithm to form a closed perception–prediction–decision–control loop. A campus integrated-energy virtual power plant is adopted as the case study. The system consists of a gas–steam combined-cycle power plant (CCPP), battery storage, a heat pump, a thermal storage unit, wind turbines, photovoltaic arrays, and a carbon trading mechanism. Comparative simulation results show that, at the forecasting level, the Attention–xLSTM (Ax) module reduces the day-ahead electric load Mean Absolute Percentage Error (${\mathrm{M}}_{\mathrm{A}\mathrm{P}\mathrm{E}}$) from 4.51% and 5.77% obtained by classical Long Short-Term Memory (LSTM) and Gated Recurrent Unit (GRU) models to 2.88%, significantly improving prediction accuracy. At the scheduling level, the SAC-LAx model achieves an average reward of approximately 1440 and converges within around 2500 training episodes, outperforming other DRL algorithms such as Deep Deterministic Policy Gradient (DDPG), Twin Delayed Deep Deterministic Policy Gradient (TD3), and Proximal Policy Optimization (PPO). Under the SAC-LAx framework, the daily net operating cost of the VPP is markedly reduced. With the carbon trading mechanism, the total carbon emission cost decreases by about 49% compared with the no-trading scenario, while electric–thermal power balance is maintained. These results indicate that integrating prediction enhancement and LP-based safety constraints with deep reinforcement learning provides a feasible pathway for low-carbon intelligent scheduling of VPPs. Full article

This paper addresses the retail pricing problem for electricity retailers who also act as virtual power plant (VPP) operators, aggregating distributed energy resources (DERs). In future power markets where multiple such retailers compete for customers, a key challenge is to design pricing strategies that balance economic profitability with low-carbon objectives. Existing research often overlooks the impact of retailers’ heterogeneous resource portfolios, particularly the share of low-carbon resources like photovoltaics (PVs), on their competitive advantage and pricing decisions. To bridge this gap, we propose a novel retail pricing model that integrates a non-cooperative game framework with Markov Decision Processes (MDPs). The model enables each retailer to formulate optimal real-time pricing strategies by anticipating competitors’ actions and customer responses, ultimately reaching a Nash equilibrium. A distinctive feature of our approach is the incorporation of spatially differentiated carbon emission factors, which are adjusted based on each retailer’s share of PV generation. This creates a tangible low-carbon incentive, allowing retailers with greener resource mixes to leverage their environmental advantage. The proposed framework is validated on a modified IEEE 30-bus system with six competing retailers. Simulation results demonstrate that our method effectively incentivizes optimal load distribution, alleviates network congestion, and improves branch loading indices. Critically, retailers with a higher share of PV resources achieved significantly higher profits, directly translating their low-carbon advantage into economic value. Notably, the Branch Load Index (BLI) was reduced by 12% and node voltage deviations were improved by 1.32% at Bus 12, demonstrating the model’s effectiveness in integrating economic and low-carbon objectives. Full article

Virtual power plants (VPPs) can achieve optimized energy management through digital technologies and the integration of diversified energy sources. However, their complex competitive–cooperative dynamics with traditional power plants in market operations, coupled with undefined benefit-sharing mechanisms, require systematic investigation. This study establishes a standalone capacity configuration model for independent VPP operations and a cooperative game-theoretic model for collaborative interactions with traditional power plants, focusing on three critical dimensions: energy transition dynamics, symbiotic cooperation mechanisms, and equitable revenue distribution. Through examining optimal distributed resource allocation and cooperative profit-sharing frameworks under market equilibrium conditions, key findings emerge: (1) VPPs demonstrate robust investment attractiveness in independent operation modes. (2) Collaborative scenarios with conventional plants generate mutual economic enhancement, with Shapley value solutions providing equitable benefit apportionment. (3) Intensified governmental intervention induces diminishing marginal returns for VPPs, whereas strengthened collaboration counteracts this effect through enhanced marginal productivity. The conclusions provide a theoretical foundation and decision-support frameworks for the economic operation of VPPs and the grid integration of high-proportion renewable energy sources. Full article

With the in-depth construction of the new power system, the importance of demand-side resources is becoming more and more prominent. The virtual power plant (VPP) has become a powerful means to explore the potential value of distributed resources. However, the differentiated resources between different VPPs are not reasonably deployed, and the problem of realizing the sharing of resources and the distribution of revenues among multi-VPP needs to be urgently solved. A cooperative operation optimization strategy for multi-VPP to participate in the energy and reserve capacity markets is proposed, and the potential risks associated with uncertainty in distributed generators (DGs) output are quantitatively assessed using conditional value-at-risk (CVaR). Firstly, due to the good adjustable performance of electric vehicles (EVs) and thermostatically controlled loads (TCLs), their virtual energy storage (VES) models are established to participate in VPP scheduling. Secondly, based on the asymmetric Nash negotiation theory, a P2P trading method between VPPs in a multi-marketed environment is proposed, which is decomposed into a virtual power plant alliance (VPPA) benefit maximization subproblem and a cooperative revenue distribution subproblem. The alternating direction multiplier method is chosen to solve the model, which protects the privacy of each subject. Simulation results show that the proposed multi-VPP cooperative operation optimization strategy can effectively quantify the uncertainty risk, maximize the alliance benefit, and reasonably allocate the cooperative benefit based on the contribution size of each VPP. Full article

This study aims to evaluate how integrating an Interactive Response System (IRS) with Modified Flipped Learning (MFL) can enhance students’ attendance, learning motivation, and creative self-efficacy in a sustainability course contextualized by Virtual Power Plant (VPP) simulations. The IRS–MFL framework incorporated micro-learning videos, in-class real-time feedback, and collaborative learning activities to reduce cognitive load, alleviate learning anxiety, and promote engagement. Within this framework, the VPP simulations were not treated as an independent variable but rather as contextualized course content that provided authentic, sustainability-oriented problem scenarios for applying the IRS–MFL pedagogy. Quantitative analyses demonstrated significant improvements in attendance, reduced learning anxiety, and increased creative self-efficacy after the intervention. Qualitative reflections further revealed heightened motivation, deeper understanding, and strengthened systems thinking toward sustainability challenges. Collectively, these findings indicate that the IRS–MFL framework—contextualized through VPP simulations—effectively enhances both affective and cognitive learning outcomes, offering a replicable pedagogical model for sustainability-focused STEM education. Full article

Efficient scheduling of virtual power plants (VPPs) is essential for the integration of distributed energy resources into modern power systems. This study presents a CUDA-accelerated Multiple-Chain Simulated Annealing (MC-SA) algorithm tailored for optimizing VPP scheduling. Traditional Simulated Annealing algorithms are inherently sequential, limiting their scalability for large-scale applications. The proposed MC-SA algorithm mitigates this limitation by executing multiple independent annealing chains concurrently, enhancing the exploration of the solution space and reducing the requisite number of sequential cooling iterations. The algorithm employs a dual-level parallelism strategy: at the prosumer level, individual energy producers and consumers are assessed in parallel; at the algorithmic level, multiple Simulated Annealing chains operate simultaneously. This architecture not only expedites computation but also improves solution accuracy. Experimental evaluations demonstrate that the CUDA-based MC-SA achieves substantial speedups—up to 10× compared to a single-chain baseline implementation while maintaining or enhancing solution quality. Our analysis reveals an empirical power-law relationship between parallel chains and required sequential iterations (iterations ∝ chains^{−0.88±0.17}), demonstrating that using 50 chains reduces the required number of sequential iterations by approximately 10× compared to single-chain SA while maintaining equivalent solution quality. The algorithm demonstrates scalable performance across VPP sizes from 250 to 1000 prosumers, with approximately 50 chains providing the optimal balance between solution quality and computational efficiency for practical applications. Full article

Modern electrical vehicles (EVs) are equipped with sizable batteries that possess significant potential as energy prosumers. EVs are poised to be transformative assets and pivotal contributors to the virtual power plant (VPP), enhancing the performance and profitability of VPPs. The number of household EVs is increasing yearly, and this poses new challenges to the optimization of VPP operations. The computational cost increases exponentially as the number of decision variables rises with the increasing participation of EVs. This paper explores the role of a large number of EVs as prosumers, interacting with a VPP consisting of a photovoltaic system and battery energy storage system. To accommodate the large quantity of EVs in the modeling, this research adopts the decentralized control structure. It optimizes EV operations by regulating their charging and discharging behavior in response to pricing signals from the VPP. A two-stage optimization framework is proposed for VPP-EV operation using a reinforcement algorithm and gradient-based programming. Action masking for reinforcement learning is explored to eliminate invalid actions, reducing ineffective exploration, thereby accelerating the convergence of the algorithm. The proposed approach is capable of handling a substantial number of EVs and addressing the stochastic characteristics of EV charging and discharging behaviors. Simulation results demonstrate that the VPP-EV operation optimization increases the revenue of the VPP and significantly reduces the electricity costs for EV owners. Through the optimization of EV operations, the charging cost of 1000 EVs participating in the V2G services is reduced by 26.38% compared to those that opt out of the scheme, and VPP revenue increases by 27.83% accordingly. Full article