Skip to content
Conference

Optimal Operation of Virtual Power Plants with Energy Storage Based on Spot Market Profit and Evaluation

Jul 2026 · 2026 5th International Conference on Energy and Electrical Power Systems (ICEEPS) · pp. 286-291 · 0 citations · 11 references

Abstract

Under the background of energy transition and "dual carbon" goals in China, distributed new energy (DNE) and energy storage equipment's installed capacity has increased exponentially. As an efficient distributed resource management system, the virtual power plant has also garnered significant attention from domestic scholars and institutions. Extensive research has been conducted on a series of trading strategies for virtual power plants participating in the electricity spot market. With the expanding scale of virtual power plants involved in market-based trading, the operational evaluation of virtual power plants is set to become a key focus of attention. This paper proposes an operational optimization model aimed at enhancing the participation of generation-type virtual power plants with energy storage in the spot market and reducing prediction deviations. The model considers factors such as penalties for predicted power deviations, historical positive and negative power deviation of generation aggregation units, and energy storage charging and discharging efficiency. The paper analyzes and discusses the impacts under different evaluation intensities. When the system evaluation threshold is lowered and the unit deviation penalty coefficient is increased, the model effectively reduces assessment costs and improves the daily operational benefits in scenarios involving distributed virtual power plants with energy storage.

View source

Similar papers

Conference Aug 2026

Research on participation strategies of pumped storage power stations in the spot market and frequency regulation market

Against the context of global energy transition and the progression of “dual carbon” goals, renewable energy sources like wind and photovoltaic power have achieved a significantly higher penetration rate. This has triggered an urgent need for flexible regulation resources in power systems, with the electricity market r...

Qin Tong, Dawei Yang, Xiao-Bo Huo et al. · 0 citations
Conference Sep 2026

Dynamic division method of virtual power plant based on the improvement of renewable energy consumption capacity

Large-scale wind and photovoltaic integration can reduce fossil-fuel consumption, but renewable output uncertainty and anti-peak-regulation characteristics increase curtailment, dispatch complexity and ancillary-service costs. To improve renewable energy accommodation, this paper proposes a dynamic virtual power plant...

Jian-Li Zhu, Zhi-Yun Hu, Hong-Lian Zhou et al. · 0 citations
Conference Open access 2026

Optimal Scheduling and Application of Hydroelectric-PV-Wind Power Complementary Grid Connection

Against the backdrop of global climate change and China’s “Dual Carbon” goals, the clean low-carbon energy transition is imperative, with hydropower, PV and wind power as core renewable energies. PV and wind power output features randomness and volatility due to natural factors, while hydropower has superior regulation...

Jiaheng Ma · 0 citations
Open access Aug 2026

Optimal Scheduling of Microgrids Considering Hydrogen Energy Storage and Building Thermal Inertia

Against the backdrop of accelerating transitions to sustainable energy systems, the optimal operation of microgrids and the high-efficiency integration of renewable energy face growing technical challenges, which highlight the necessity of tapping into flexible multi-energy resources to the fullest extent. Aiming at lo...

Linfeng Shang, Jiancheng Wang, Yuan Du et al. · 0 citations
Open access Aug 2026

Research on Edge Calculation Strategy for Power System Energy Storage Operation Optimization Under Dual-Carbon Goals

Energy storage optimization is critical for improving the efficiency, stability, and low-carbon performance of modern power systems with high renewable-energy penetration. In smart grids, rapid storage dispatch must also account for power-electronic switching behavior, communication latency, and electromagnetic transie...

Haixia Lv, Yuan Wang, Shuai Yang et al. · 0 citations

We use cookies to run the site and, with your consent, for analytics and to show ads. See our Cookie Policy.