Virtual Power Plant “Virtual Power Plant” (VPP) concept as a large-scale stochastic optimization problem

Virtual Power Plant

The Aggregator Model & Virtual Power Plants (VPP)

  • What is a Virtual Power Plant?
    • **Context: How an “Aggregator” sits between the Grid and a business.
    • Portfolio of assets
    • Frequency regulation
    • Provides Diversified market
    • Renewables: Solar prediction with weather
    • Grid services and frequency regulation opportunities