Operation Mode and Economic Analysis of Virtual Power Plant

Virtual power plant (VPP) can be regarded as a platform for aggregating a variety of resources including distributed generation systems, energy storage systems (ESS) and controllable loads. It can also provide electricity trading and auxiliary services in electricity market as resources aggregator. In China, VPP is in a rapid development stage, but its operation mode is not yet mature. This paper will propose a feasible VPP operation structure based on the experience from other regions and then analyze the economic performance through cases.