Robust Security Constrained Energy and Regulation Service Bidding Strategy for a Virtual Power Plant

In addition to renewable energy sources and market prices uncertainties, the regulation commands issued by the superior market operator are unpredictable factors within the virtual power plant (VPP) bidding range. To avoid branch power flow outage and voltage violation under uncertain regulation com...

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書誌詳細
出版年:CSEE Journal of Power and Energy Systems
主要な著者: Zhongkai Yi, Yinliang Xu, Xuan Wei, Hongbin Sun
フォーマット: 論文
言語:英語
出版事項: China electric power research institute 2025-01-01
主題:
オンライン・アクセス:https://ieeexplore.ieee.org/document/9862538/
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author Zhongkai Yi
Yinliang Xu
Xuan Wei
Hongbin Sun
author_facet Zhongkai Yi
Yinliang Xu
Xuan Wei
Hongbin Sun
author_sort Zhongkai Yi
collection DOAJ
container_title CSEE Journal of Power and Energy Systems
description In addition to renewable energy sources and market prices uncertainties, the regulation commands issued by the superior market operator are unpredictable factors within the virtual power plant (VPP) bidding range. To avoid branch power flow outage and voltage violation under uncertain regulation commands, a tri-level robust optimization-based day-ahead energy and regulation service bidding strategy for a generalized VPP, considering various distributed energy resources is proposed, in which the VPP bidding strategy, worst scenario estimation approach and regulation service scheduling method are formulated at three optimization layers, respectively. Then, the proposed tri-level model is transformed into an equivalent, single-level, mixed integer, second-order cone programming problem with rigid proof. Numerical simulations illustrate the effectiveness and superiority of the proposed approach by comparison with other prevailing methods in recent literature.
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spelling doaj-art-94e351adf00a4412b6e091548dbed7792025-08-20T02:18:24ZengChina electric power research instituteCSEE Journal of Power and Energy Systems2096-00422025-01-0111269270410.17775/CSEEJPES.2021.008209862538Robust Security Constrained Energy and Regulation Service Bidding Strategy for a Virtual Power PlantZhongkai Yi0Yinliang Xu1https://orcid.org/0000-0001-5149-5101Xuan Wei2Hongbin Sun3Tsinghua Shenzhen International Graduate School, Tsinghua University,Shenzhen,China,518055Tsinghua Shenzhen International Graduate School, Tsinghua University,Shenzhen,China,518055Tsinghua Shenzhen International Graduate School, Tsinghua University,Shenzhen,China,518055Tsinghua University,Department of Electrical Engineering,Beijing,China,100084In addition to renewable energy sources and market prices uncertainties, the regulation commands issued by the superior market operator are unpredictable factors within the virtual power plant (VPP) bidding range. To avoid branch power flow outage and voltage violation under uncertain regulation commands, a tri-level robust optimization-based day-ahead energy and regulation service bidding strategy for a generalized VPP, considering various distributed energy resources is proposed, in which the VPP bidding strategy, worst scenario estimation approach and regulation service scheduling method are formulated at three optimization layers, respectively. Then, the proposed tri-level model is transformed into an equivalent, single-level, mixed integer, second-order cone programming problem with rigid proof. Numerical simulations illustrate the effectiveness and superiority of the proposed approach by comparison with other prevailing methods in recent literature.https://ieeexplore.ieee.org/document/9862538/Bidding strategydistributed energy resourcespower markettri-level optimizationvirtual power plant
spellingShingle Zhongkai Yi
Yinliang Xu
Xuan Wei
Hongbin Sun
Robust Security Constrained Energy and Regulation Service Bidding Strategy for a Virtual Power Plant
Bidding strategy
distributed energy resources
power market
tri-level optimization
virtual power plant
title Robust Security Constrained Energy and Regulation Service Bidding Strategy for a Virtual Power Plant
title_full Robust Security Constrained Energy and Regulation Service Bidding Strategy for a Virtual Power Plant
title_fullStr Robust Security Constrained Energy and Regulation Service Bidding Strategy for a Virtual Power Plant
title_full_unstemmed Robust Security Constrained Energy and Regulation Service Bidding Strategy for a Virtual Power Plant
title_short Robust Security Constrained Energy and Regulation Service Bidding Strategy for a Virtual Power Plant
title_sort robust security constrained energy and regulation service bidding strategy for a virtual power plant
topic Bidding strategy
distributed energy resources
power market
tri-level optimization
virtual power plant
url https://ieeexplore.ieee.org/document/9862538/
work_keys_str_mv AT zhongkaiyi robustsecurityconstrainedenergyandregulationservicebiddingstrategyforavirtualpowerplant
AT yinliangxu robustsecurityconstrainedenergyandregulationservicebiddingstrategyforavirtualpowerplant
AT xuanwei robustsecurityconstrainedenergyandregulationservicebiddingstrategyforavirtualpowerplant
AT hongbinsun robustsecurityconstrainedenergyandregulationservicebiddingstrategyforavirtualpowerplant