The Optimization of Supply–Demand Balance Dispatching and Economic Benefit Improvement in a Multi-Energy Virtual Power Plant within the Jiangxi Power Market
This paper presents an optimization method for scheduling a multi-energy VPP (Virtual Power Plant) supply–demand balance in the power market environment of Jiangxi Province. The primary objective of this method is to improve the operational efficiency of the power grid, reduce energy costs, and faci...
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| Format: | Article |
| Language: | English |
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MDPI AG
2024-09-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/17/18/4691 |
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| author | Tang Xinfa Wang Jingjing Wang Yonghua Wan Youwei |
| author_facet | Tang Xinfa Wang Jingjing Wang Yonghua Wan Youwei |
| author_sort | Tang Xinfa |
| collection | DOAJ |
| description | This paper presents an optimization method for scheduling a multi-energy VPP (Virtual Power Plant) supply–demand balance in the power market environment of Jiangxi Province. The primary objective of this method is to improve the operational efficiency of the power grid, reduce energy costs, and facilitate economical and efficient energy distribution in the power market. The method takes into account the characteristics and uncertainties of renewable energy sources such as solar and wind energy, and incorporates advanced multi-objective optimization algorithms. Furthermore, it integrates real-time market price feedback to achieve the accurate allocation of power supply and demand. Through a case study of a multi-energy VPP in Jiangxi Province, this paper examines the optimal combination model for various energy sources within VPP, and analyzes the impact of different market environments on supply–demand balance. The results demonstrate that the proposed scheduling optimization method significantly improves economic benefits while ensuring grid stability. Compared with traditional power supply models, it reduces average electricity costs by 15% and increases renewable energy utilization efficiency by 20%. |
| format | Article |
| id | doaj-art-28be3c653ee148e4867bbed700b46f79 |
| institution | OA Journals |
| issn | 1996-1073 |
| language | English |
| publishDate | 2024-09-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj-art-28be3c653ee148e4867bbed700b46f792025-08-20T01:55:26ZengMDPI AGEnergies1996-10732024-09-011718469110.3390/en17184691The Optimization of Supply–Demand Balance Dispatching and Economic Benefit Improvement in a Multi-Energy Virtual Power Plant within the Jiangxi Power MarketTang Xinfa0Wang Jingjing1Wang Yonghua2Wan Youwei3School of Economic Management and Law, Jiangxi Science and Technology Normal University, Nanchang 330038, ChinaSchool of Economic Management and Law, Jiangxi Science and Technology Normal University, Nanchang 330038, ChinaState Grid Jiangxi Electric Power Co., Ltd., Nanchang 330032, ChinaSchool of Economic Management and Law, Jiangxi Science and Technology Normal University, Nanchang 330038, ChinaThis paper presents an optimization method for scheduling a multi-energy VPP (Virtual Power Plant) supply–demand balance in the power market environment of Jiangxi Province. The primary objective of this method is to improve the operational efficiency of the power grid, reduce energy costs, and facilitate economical and efficient energy distribution in the power market. The method takes into account the characteristics and uncertainties of renewable energy sources such as solar and wind energy, and incorporates advanced multi-objective optimization algorithms. Furthermore, it integrates real-time market price feedback to achieve the accurate allocation of power supply and demand. Through a case study of a multi-energy VPP in Jiangxi Province, this paper examines the optimal combination model for various energy sources within VPP, and analyzes the impact of different market environments on supply–demand balance. The results demonstrate that the proposed scheduling optimization method significantly improves economic benefits while ensuring grid stability. Compared with traditional power supply models, it reduces average electricity costs by 15% and increases renewable energy utilization efficiency by 20%.https://www.mdpi.com/1996-1073/17/18/4691multi-energy VPPbalance between supply and demandscheduling planning optimizationmulti-objective optimization algorithmenergy efficiency of renewable energy |
| spellingShingle | Tang Xinfa Wang Jingjing Wang Yonghua Wan Youwei The Optimization of Supply–Demand Balance Dispatching and Economic Benefit Improvement in a Multi-Energy Virtual Power Plant within the Jiangxi Power Market Energies multi-energy VPP balance between supply and demand scheduling planning optimization multi-objective optimization algorithm energy efficiency of renewable energy |
| title | The Optimization of Supply–Demand Balance Dispatching and Economic Benefit Improvement in a Multi-Energy Virtual Power Plant within the Jiangxi Power Market |
| title_full | The Optimization of Supply–Demand Balance Dispatching and Economic Benefit Improvement in a Multi-Energy Virtual Power Plant within the Jiangxi Power Market |
| title_fullStr | The Optimization of Supply–Demand Balance Dispatching and Economic Benefit Improvement in a Multi-Energy Virtual Power Plant within the Jiangxi Power Market |
| title_full_unstemmed | The Optimization of Supply–Demand Balance Dispatching and Economic Benefit Improvement in a Multi-Energy Virtual Power Plant within the Jiangxi Power Market |
| title_short | The Optimization of Supply–Demand Balance Dispatching and Economic Benefit Improvement in a Multi-Energy Virtual Power Plant within the Jiangxi Power Market |
| title_sort | optimization of supply demand balance dispatching and economic benefit improvement in a multi energy virtual power plant within the jiangxi power market |
| topic | multi-energy VPP balance between supply and demand scheduling planning optimization multi-objective optimization algorithm energy efficiency of renewable energy |
| url | https://www.mdpi.com/1996-1073/17/18/4691 |
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