Title :
VPPs information needs for effective operation in competitive electricity markets
Author :
Morais, Hugo ; Cardoso, Marílio ; Castartheira, L. ; Vale, Zita A. ; Praça, Isabel
Author_Institution :
Polytech. Inst. of Porto, Porto
Abstract :
The large increase of renewable energy sources and Distributed Generation (DG) of electricity gives place to the Virtual Power Producer (VPP) concept. VPPs may turn electricity generation by renewable sources valuable in electricity markets. Information availability and adequate decision-support tools are crucial for achieving VPPs´ goals. This involves information concerning associated producers and market operation. This paper presents ViProd, a simulation tool that allows simulating VPPs operation, focusing mainly in the information requirements for adequate decision making.
Keywords :
decision making; decision support systems; digital simulation; distributed power generation; information needs; power markets; power system simulation; ViProd simulation tool; competitive electricity market; decision making; decision-support tool; distributed electricity generation; information needs; renewable sources; virtual power producer concept; Contracts; Decision making; Distributed control; Distributed power generation; Electricity supply industry; Power generation; Profitability; Solar power generation; Wind energy generation; Wind turbines;
Conference_Titel :
Industrial Informatics, 2007 5th IEEE International Conference on
Conference_Location :
Vienna
Print_ISBN :
978-1-4244-0851-1
Electronic_ISBN :
1935-4576
DOI :
10.1109/INDIN.2007.4384898
