DocumentCode
2511458
Title
Market strategy of distributed generation through the virtual power plant concept
Author
Toma, Lucian ; Otomega, Bogdan ; Tristiu, Ion
Author_Institution
Dept. of Electr. Power Syst., Univ. “Politeh.” of Bucharest, Bucharest, Romania
fYear
2012
fDate
24-26 May 2012
Firstpage
81
Lastpage
88
Abstract
In this paper the authors propose a market strategy of a microgrid incorporating a virtual power plant. For exemplification, a configuration consisting of different types of distributed generators are considered. The aim of the virtual power plant is to maximize the profit by appropriate bidding strategy on the electricity market and optimal use of the sources.
Keywords
distributed power generation; power generation economics; power markets; power plants; bidding strategy; distributed generation; electricity market; market strategy; microgrid; profit maximization; virtual power plant concept; Contracts; Dispatching; Generators; Power markets; Renewable energy resources; Wind power generation; distributed generation; smart grids; virtual power plant;
fLanguage
English
Publisher
ieee
Conference_Titel
Optimization of Electrical and Electronic Equipment (OPTIM), 2012 13th International Conference on
Conference_Location
Brasov
ISSN
1842-0133
Print_ISBN
978-1-4673-1650-7
Electronic_ISBN
1842-0133
Type
conf
DOI
10.1109/OPTIM.2012.6231838
Filename
6231838
Link To Document