Blockchain-assisted virtual power plant framework for providing operating reserve with various distributed energy resources
Hongyi Li, Hongxun Hui, Hongcai Zhang
Abstract
The paradigm shift from a coal-based power system to a renewable-energy-based power system brings more challenges to the supply-demand balance of the grid. Distributed energy resources (DERs), which can provide operating reserve to the grid, are regarded as a promising solution to compensate for the power fluctuation of the renewable energy resources. Small-scale DERs can be aggregated as a virtual power plant (VPP), which is eligible to bid in the operating reserve market. Since the DERs usually belong to different entities, it is important to investigate the VPP operation framework that coordinates the DERs in a trusted manner. In this paper, we propose a blockchain-assisted operating reserve framework for VPPs that aggregates various DERs. Considering the heterogeneity of various DERs, we propose a unified reserve capacity evaluation method to facilitate the aggregation of DERs. By considering the mismatch between actual available reserve capacity and the estimated value, the performance of VPP in the operating reserve market is improved. A hardware-based experimental system is developed, and numerical results are presented to demonstrate the effectiveness of the proposed framework.