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Optimal scheduling strategy for virtual power plants with aggregated user-side distributed energy storage and photovoltaics based on CVaR-distributionally robust optimization

Yushen Wang, Weiliang Huang, Haoyong Chen, Zhiwen Yu, Linlin Hu, Yuxiang Huang

2024Journal of Energy Storage29 citationsDOI

Topics & Concepts

Virtual power plantDistributed generationBiddingCVARElectricity marketPhotovoltaic systemElectricityComputer scienceDemand responseTariffScheduling (production processes)Energy storageSpot marketMathematical optimizationRenewable energyRisk managementBusinessExpected shortfallMicroeconomicsPower (physics)EngineeringEconomicsFinanceElectrical engineeringPhysicsQuantum mechanicsMathematicsInternational tradeSmart Grid Energy ManagementElectric Power System OptimizationOptimal Power Flow Distribution