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Maximizing the Social Welfare of Virtual Power Players Operation in Case of Excessive Wind Power

dc.contributor.authorFaria, Pedro
dc.contributor.authorVale, Zita
dc.contributor.authorMorais, Hugo
dc.date.accessioned2015-05-06T11:38:00Z
dc.date.available2015-05-06T11:38:00Z
dc.date.issued2013-02
dc.description.abstractThe integration of growing amounts of distributed generation in power systems, namely at distribution networks level, has been fostered by energy policies in several countries around the world, including in Europe. This intensive integration of distributed, non-dispatchable, and natural sources based generation (including wind power) has caused several changes in the operation and planning of power systems and of electricity markets. Sometimes the available non-dispatchable generation is higher than the demand. This generation must be used; otherwise it is wasted if not stored or used to supply additional demand. New policies and market rules, as well as new players, are needed in order to competitively integrate all the resources. The methodology proposed in this paper aims at the maximization of the social welfare in a distribution network operated by a virtual power player that aggregates and manages the available energy resources. When facing a situation of excessive non-dispatchable generation, including wind power, real time pricing is applied in order to induce the increase of consumption so that wind curtailment is minimized. This method is especially useful when actual and day-ahead resources forecast differ significantly. The distribution network characteristics and concerns are addressed by including the network constraints in the optimization model. The proposed methodology has been implemented in GAMS optimization tool and its application is illustrated in this paper using a real 937-bus distribution network with 20.310 consumers and 548 distributed generators, some of them non-dispatchable and with must take contracts. The implemented scenario corresponds to a real day in Portuguese power system.por
dc.identifier.urihttp://hdl.handle.net/10400.22/5942
dc.language.isoporpor
dc.publisherEWEA - European Wind Energy Associationpor
dc.relation.ispartofseriesEWEA;2013
dc.relation.publisherversionhttp://proceedings.ewea.org/annual2013/proceedings/index2test.php?page=info2&id2=1074&id=167&ordre=1&tr=&presa=&day=&searchtext=&day=&learning=&keyword=&fil2=&fil2&ord1=&sess=&p=posterpor
dc.subjectVirtual power playerspor
dc.subjectElectricity marketspor
dc.subjectSystem managementpor
dc.subjectIntegration strategies & policiespor
dc.titleMaximizing the Social Welfare of Virtual Power Players Operation in Case of Excessive Wind Powerpor
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceVienna, Austriapor
oaire.citation.titleEWEA Annual Event 2013 (EWEA 2013)por
person.familyNameFaria
person.familyNameVale
person.familyNameMorais
person.givenNamePedro
person.givenNameZita
person.givenNameHugo
person.identifier632184
person.identifier80878
person.identifier.ciencia-idB212-2309-F9C3
person.identifier.ciencia-id721B-B0EB-7141
person.identifier.ciencia-id2010-D878-271B
person.identifier.orcid0000-0002-5982-8342
person.identifier.orcid0000-0002-4560-9544
person.identifier.orcid0000-0001-5906-4744
person.identifier.ridA-5824-2012
person.identifier.scopus-author-id7004115775
person.identifier.scopus-author-id21834170800
rcaap.rightsopenAccesspor
rcaap.typeconferenceObjectpor
relation.isAuthorOfPublication35e6a4ab-f644-4bc5-b6fc-9fd89c23d6c6
relation.isAuthorOfPublicationff1df02d-0c0f-4db1-bf7d-78863a99420b
relation.isAuthorOfPublicationb159f8c9-5ee1-444e-b890-81242ee0738e
relation.isAuthorOfPublication.latestForDiscoveryff1df02d-0c0f-4db1-bf7d-78863a99420b

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