Optimised Scheduling Strategy for Source-Load-Storage Cooperation Considering Economic Efficiency

Xiaoxuan Zhang, Zheng Zhao, Jian Li

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This research tackles the challenge of effectively managing the variable output of solar energy in electricity generation through the development of an optimized model for a Virtual Power Plant (VPP) integrating multiple microgrids (MMGs). The proposed approach introduces a real-time optimization method, incorporating provisions for designating a portion of the microgrid as a backup. The optimization model comprises two key phases: day-ahead planning and real-time adjustments. During the day-ahead planning phase, the objective is to optimize the VPP's profitability by determining optimal baseline and regulation capacity values for each hour of the subsequent day. Real-time adjustments aim to synchronize the VPP's electricity consumption with the dynamic regulation signal (RegD signal) at minimal cost. This real-time optimization process identifies the most efficient operational configurations for each microgrid and VPP resource. Simulation results validate the efficacy of this real-time optimization approach, showcasing its ability to enhance VPP revenue while upholding its crucial role in supporting grid frequency stability.

Original languageEnglish
Title of host publicationProceedings of 2024 IEEE 7th International Electrical and Energy Conference, CIEEC 2024
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages2349-2354
Number of pages6
ISBN (Electronic)9798350359558
DOIs
Publication statusPublished - 2024
Event7th IEEE International Electrical and Energy Conference, CIEEC 2024 - Harbin, China
Duration: 10 May 202412 May 2024

Publication series

NameProceedings of 2024 IEEE 7th International Electrical and Energy Conference, CIEEC 2024

Conference

Conference7th IEEE International Electrical and Energy Conference, CIEEC 2024
Country/TerritoryChina
CityHarbin
Period10/05/2412/05/24

Keywords

  • air-conditioning
  • demand-side response
  • solar energy
  • Virtual power plant

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