Title :
VPP´s multi-level negotiation in smart grids and competitive electricity markets
Author :
Vale, Z. ; Pinto, T. ; Morais, H. ; Praça, I. ; Faria, P.
Author_Institution :
GECAD-Knowledge Eng. & Decision-Support Res. Center, Polytech. of Porto (ISEP/IPP), Porto, Portugal
Abstract :
The increase of distributed generation (DG) has brought about new challenges in electrical networks electricity markets and in DG units operation and management. Several approaches are being developed to manage the emerging potential of DG, such as Virtual Power Players (VPPs), which aggregate DG plants; and Smart Grids, an approach that views generation and associated loads as a subsystem. This paper presents a multi-level negotiation mechanism for Smart Grids optimal operation and negotiation in the electricity markets, considering the advantages of VPPs´ management. The proposed methodology is implemented and tested in MASCEM - a multiagent electricity market simulator, developed to allow deep studies of the interactions between the players that take part in the electricity market negotiations.
Keywords :
distributed power generation; power markets; power system management; smart power grids; DG management; DG plants; DG unit operation; MASCEM; VPP multilevel negotiation mechanism; competitive electricity markets; distributed generation; electricity market negotiations; multiagent electricity market simulator; smart grid optimal operation; virtual power players; Contracts; Distributed power generation; Electricity supply industry; Proposals; Renewable energy resources; Smart grids; Substations; Distributed Generation; Electricity Markets; Multiagent Simulation; Smart Grids; Virtual Power Players;
Conference_Titel :
Power and Energy Society General Meeting, 2011 IEEE
Conference_Location :
San Diego, CA
Print_ISBN :
978-1-4577-1000-1
Electronic_ISBN :
1944-9925
DOI :
10.1109/PES.2011.6039847
