Conference paper
Intelligent remuneration and tariffs for virtual power players
GECAD - Knowledge Eng. & Decision Support Res. Center, IPP - Polytech. Inst. of Porto, Porto, Portugal1
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.
Language: | English |
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Publisher: | IEEE |
Year: | 2013 |
Pages: | 1-6 |
Proceedings: | 2013 IEEE Grenoble PowerTech |
ISBN: | 1467356689 , 1467356697 , 9781467356688 and 9781467356695 |
Types: | Conference paper |
DOI: | 10.1109/PTC.2013.6652157 |
Analytical models Context Contracts Distributed power generation Electricity Markets Electricity supply industry Multi-agent Simulation Power systems Remuneration Tariff Virtual Power Players distributed generation electrical vehicles electricity markets energy consumption energy reserves intelligent remuneration maintenance market operation costs power markets power system management power systems remuneration renewable energy sources storage agents tariffs virtual power players