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Conference paper

Intelligent remuneration and tariffs for virtual power players

In 2013 Ieee Grenoble Conference — 2013, pp. 1-6
From

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
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

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