Virtual Power Plants: Bringing the Flexibility of Decentralized Loads and Generation to Power Markets
Abstract
The rapid rise of variable renewable generation in markets such as Germany has reached levels that can no longer be managed through the traditional approaches where different types of thermal plants were dispatched to meet variable demand. In the future, increasing amounts of flexible demand and generation must adjust to match the variable utility-scale renewable and distributed generation. This chapter describes the concept of a Virtual Power Plant (VPP), where the load of numerous consumers with flexible demand and the flexible output of renewable generators are aggregated ...
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