VPP´s multi-level negotiation in smart grids and competitive electricity markets

Author

Vale, Z. ; Pinto, T. ; Morais, H. ; Praça, I. ; Faria, P.

Author_Institution

GECAD-Knowledge Eng. & Decision-Support Res. Center, Polytech. of Porto (ISEP/IPP), Porto, Portugal

fYear

2011

Firstpage

1

Lastpage

8

Abstract

The increase of distributed generation (DG) has brought about new challenges in electrical networks electricity markets and in DG units operation and management. Several approaches are being developed to manage the emerging potential of DG, such as Virtual Power Players (VPPs), which aggregate DG plants; and Smart Grids, an approach that views generation and associated loads as a subsystem. This paper presents a multi-level negotiation mechanism for Smart Grids optimal operation and negotiation in the electricity markets, considering the advantages of VPPs´ management. The proposed methodology is implemented and tested in MASCEM - a multiagent electricity market simulator, developed to allow deep studies of the interactions between the players that take part in the electricity market negotiations.

Keywords

distributed power generation; power markets; power system management; smart power grids; DG management; DG plants; DG unit operation; MASCEM; VPP multilevel negotiation mechanism; competitive electricity markets; distributed generation; electricity market negotiations; multiagent electricity market simulator; smart grid optimal operation; virtual power players; Contracts; Distributed power generation; Electricity supply industry; Proposals; Renewable energy resources; Smart grids; Substations; Distributed Generation; Electricity Markets; Multiagent Simulation; Smart Grids; Virtual Power Players;

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Society General Meeting, 2011 IEEE

Conference_Location

San Diego, CA

ISSN

1944-9925

Print_ISBN

978-1-4577-1000-1

Electronic_ISBN

1944-9925

Type

conf

DOI

10.1109/PES.2011.6039847

Filename

6039847