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Participation of virtual power plants in energy market with optimal bidding based on Nash-SFE Equilibrium Strategy and considering interruptible load

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4 Author(s)
Nezamabadi, H. ; Power & Water Univ. of Technol., Tehran, Iran ; Nezamabadi, P. ; Setayeshnazar, M. ; Gharehpetian, G.B.

This paper provides an idea for the presentation of virtual power plant(VPP) as a main sector of power system networks in energy market. This idea, in the decentralized power systems, consisting of thousands of distributed generation resources, optimizes the operation and presentation of an efficient DG group in energy market. In this study, the presentation of the virtual power plant in the energy market besides other thermal power plants is simulated via Nash-SFE Equilibrium Strategy. In the mentioned system, the virtual power plant consists of fixed and controllable loads and distributed generation resources. The generation of each DG or amount of load elimination within VPP are specified based on the internal model of VPP and consequently VPP profit is estimated during its participation in the energy market in one period of running time of energy market.

Published in:

Thermal Power Plants (CTPP), 2011 Proceedings of the 3rd Conference on

Date of Conference:

18-19 Oct. 2011