Refined peak shaving potential assessment and differentiated decision-making method for user load in virtual power plants. (15th March 2023)

• Record Type: Journal Article
• Authors: Kong, Xiangyu; Wang, Zhengtao; Liu, Chao; Zhang, Delong; Gao, Hongchao
• Is Part Of: Applied energy. Volume 334(2023)
• Publication Date: 2023-03-15
• Subjects: Virtual power plant -- Demand response potential assessment -- Control strategy -- Stochastic optimization; Power (Mechanics) -- Periodicals; Energy conservation -- Periodicals; Energy conversion -- Periodicals; 621.042
• DOI: 10.1016/j.apenergy.2022.120609
• Languages: English
• ISSNs: 0306-2619

Abstract

Highlights: A data-mechanism-driven method for assessing the peak shaving potential of VPP users. The multidimensional uncertainty of the peak shaving capacity is considered using LSTM and MDN. Risk preference of decision-makers is considered using chance constraint theory and relevant chance constraint theory. Abstract: There is a consensus regarding the need to realize the transformation of renewable energy by enhancing demand-side regulating ability. This paper proposes a peak shaving potential assessment model based on the price elasticity mechanism and consumer psychology, focusing on the adjustable user load in virtual power plants. The values of deterministic parameters and the distribution of the uncertain parameter of the model are obtained through the long short-term memory network (LSTM) and mixture density network (MDN). Then, the refined distribution of peak shaving potential considering external conditions, incentive inputs, and spatial and temporal scales is obtained. Based on the evaluation results, a peak shaving decision-making model for virtual power plants is constructed using a scenario scheme. Differentiated schemes for traditional, risk-averse, and risk-seeking virtual power plant decision-makers are considered. Case studies using the data of a virtual power plant pilot area show that the proposed model can better characterize the features of virtual power plant users, and a refined control strategy with better economic benefits can be obtained.