Information system of fractional owned virtual hydropower plant

Open power markets have dramatically changed the way how power producers optimize their capacity from business point of view. Efficient functioning in the power markets and optimizing financial profit has highlighted innovative use of Information and Communication Technology (ICT). Applying advanced ICT to optimize power production has become more common. Several models for Virtual Power Plants (VPP) combining small size electricity production units to a large unit have been presented. Reverse approaches where large units are divided into several small units by means of virtualization are rare. Traditionally hydropower plants are considered as one large power producing unit. This paper describes a model of Fractional Owned virtual Hydropower Plant and design of information system that enables virtualized hydropower plant for several individual partial owners. Model offers independent control and optimization features to each of the fractional owners. Partial owner can store or use its water capacity when needed and optimize the electricity production based on its business needs. The paper approaches the topic from virtualization and information system perspective.