Virtual power plant mid-term dispatch optimization

• Published in: Applied energy Vol. 101; pp. 134 - 141
• Main Authors: Pandžić, Hrvoje, Kuzle, Igor, Capuder, Tomislav
• Format: Journal Article Conference Proceeding
• Language: English
• Published: Kidlington Elsevier Ltd 01.01.2013; Elsevier
• Subjects: Applied sciences; case studies; Contracts; Economic data; Electric energy; Electric power generation; Electric power plants; electricity; Energy; Energy economics; Exact sciences and technology; General, economic and professional studies; Linear programming; Markets; Methodology. Modelling; Natural energy; Optimal dispatch; Optimization; power generation; Power plants; Power sources; solar energy; uncertainty; Virtual power plant; wind; Wind power; Optimal dispatch; Virtual power plant; Linear programming

► Mid-term virtual power plant dispatching. ► Linear modeling. ► Mixed-integer linear programming applied to mid-term dispatch scheduling. ► Operation profit maximization combining bilateral contracts and the day-ahead market. Wind power plants incur practically zero marginal costs during their oper...