Economic Analysis for the Players Participating in a Hybrid Solar Virtual Power Plant

Individual distributed energy resources (DER) because of their small capacity is not able to participate in energy trading. A novel concept has been used in this paper wherein Virtual Power Plant (VPP) acts as an aggregator and can provide scheduled dispatch of power and thereby participate in energy trading of the grid. VPP operator (VO) is the authority of transmit power from several sources maintaining their freedom in property and operation. VO conducts energy trading with the grid on behalf of the VPP. In this study an investigation is carried out to determine economic stature of all the players participating in a VPP system.