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Virtual Power Plant with Renewable Energy Sources and Energy Storage Systems for Sustainable Power Grid-Formation, Control Techniques and Demand Response

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Listed:
  • Jiaqi Liu

    (School of Engineering, Deakin University, 75 Pigdons Rd., Waurn Ponds, Geelong, VIC 3216, Australia)

  • Hongji Hu

    (School of Engineering, Deakin University, 75 Pigdons Rd., Waurn Ponds, Geelong, VIC 3216, Australia)

  • Samson S. Yu

    (School of Engineering, Deakin University, 75 Pigdons Rd., Waurn Ponds, Geelong, VIC 3216, Australia)

  • Hieu Trinh

    (School of Engineering, Deakin University, 75 Pigdons Rd., Waurn Ponds, Geelong, VIC 3216, Australia)

Abstract

As the climate crisis worsens, power grids are gradually transforming into a more sustainable state through renewable energy sources (RESs), energy storage systems (ESSs), and smart loads. Virtual power plants (VPP) are an emerging concept that can flexibly integrate distributed energy resources (DERs), managing manage the power output of each DER unit, as well as the power consumption of loads, to balance electricity supply and demand in real time. VPPs can participate in energy markets, enable self-scheduling of RESs, facilitate energy trading and sharing, and provide demand-side frequency control ancillary services (D-FCAS) to enhance the stability of the system frequency. As a result, studies considering VPPs have become the focus of recent energy research, with the purpose of reducing the uncertainty resulting from RESs distributed in the power grid and improving technology related to energy management system (EMS). However, comprehensive reviews of VPPs considering their formation, control techniques, and D-FCAS are still lacking in the literature. Therefore, this paper aims to provide a thorough overview of state-of-the-art VPP technologies for building sustainable power grids in the future. The review mainly considers the development of VPPs, the information transmission and control methods among DERs and loads in VPPs, as well as the relevant technologies for providing D-FCAS from VPPs. This review paper describes the significant economic, social, and environmental benefits of VPPs, as well as the technological advancements, challenges, and possible future research directions in VPP research.

Suggested Citation

  • Jiaqi Liu & Hongji Hu & Samson S. Yu & Hieu Trinh, 2023. "Virtual Power Plant with Renewable Energy Sources and Energy Storage Systems for Sustainable Power Grid-Formation, Control Techniques and Demand Response," Energies, MDPI, vol. 16(9), pages 1-28, April.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:9:p:3705-:d:1133171
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    References listed on IDEAS

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    3. Sergio Cantillo-Luna & Ricardo Moreno-Chuquen & David Celeita & George J. Anders, 2024. "A Stochastic Decision-Making Tool Suite for Distributed Energy Resources Integration in Energy Markets," Energies, MDPI, vol. 17(10), pages 1-28, May.
    4. Athanasios G. Lazaropoulos & Helen C. Leligou, 2024. "Integration of LiFi, BPL, and Fiber Optic Technologies in Smart Grid Backbone Networks: A Proposal for Exploiting the LiFi LED Street Lighting Networks of Power Utilities and Smart Cities," Sustainability, MDPI, vol. 16(2), pages 1-30, January.
    5. Alam, Khandoker Shahjahan & Kaif, A.M.A. Daiyan & Das, Sajal K., 2024. "A blockchain-based optimal peer-to-peer energy trading framework for decentralized energy management with in a virtual power plant: Lab scale studies and large scale proposal," Applied Energy, Elsevier, vol. 365(C).
    6. Alain Aoun & Mehdi Adda & Adrian Ilinca & Mazen Ghandour & Hussein Ibrahim, 2024. "Optimizing Virtual Power Plant Management: A Novel MILP Algorithm to Minimize Levelized Cost of Energy, Technical Losses, and Greenhouse Gas Emissions," Energies, MDPI, vol. 17(16), pages 1-23, August.

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