Optimal Clearing Strategy for Day-Ahead Energy Markets in Distribution Networks with Multiple Virtual Power Plant Participation
Source abstract
Abstract
Constrained by current market mechanisms, small-scale virtual power plants (SS-VPPs) on the distribution network side struggle to exert their market characteristics. To address this, this paper proposes a trading framework and operational strategy for distribution-side SS-VPPs to participate in the day-ahead energy market. First, an operation and trading framework for distribution networks involving SS-VPPs is proposed. This framework comprehensively considers the clearing process of the electricity energy market, the operation mechanism of the distribution network, and the cost structures of various stakeholders, while clarifying the day-ahead market clearing mechanism at the distribution network level. Next, accounting for energy balance constraints and distribution network congestion constraints, this paper establishes a collaborative optimization model between SS-VPPs and active distribution networks. After obtaining the energy optimization results for all stakeholders, distribution locational marginal pricing (DLMP) is determined based on the dual problem solution to achieve multi-stakeholder market clearing. Finally, simulations using a modified IEEE 33-node test system demonstrate the rationality and feasibility of the proposed strategy. The framework fully exploits the market characteristics and dispatch potential of SS-VPPs, significantly reduces overall system operating costs, and ensures the economic benefits of all participants.
Source: crossref · Quality: baseline
Research context
OpenAlex topics: Smart Grid Energy Management · Smart Grid Security and Resilience · Microgrid Control and Optimization
SciVX discovery tags are terminology-based. OpenAlex topics are source-provided classifications.
Affiliations
State Key Laboratory of Smart Power Distribution Equipment and System, Tianjin University, Tianjin 300072, China
China Electric Power Research Institute, Beijing 100192, China
Nanjing Power Supply Company, State Grid Jiangsu Electric Power Co., Ltd., Nanjing 210019, China
Funding
Science and Technology Project of the State Grid Corporation of China
References (33)
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