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## Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market

#### ÖZGE PINAR AKKAŞ [1] , YAĞMUR ARIKAN [2] , ERTUĞRUL ÇAM [3]

Distributed Energy Sources based on renewable generation have an important place in power systems due to liberalization of electricity markets and increase of environmental problems. The involvement of renewable energy sources (RES) in the energy market poses a serious challenge for RES owners. The main reason for this is the uncertainty about the power output of RES. For example, the power output of wind power plants (WPP) depends on the wind speed and the power output of solar power plants (SPS) depends on the solar radiation and clouds. This brings the risk of not meeting long-term or medium-term electricity delivery contracts. To remove this risk, a single-acting unit in electricity market is formed by combining different types of renewable and non-renewable generation units and storage systems. This unit is defined as Virtual Power Plants (VPP). In this study, an hourly operation scheduling is modeled to get maximum profit for VPP owner participating in day ahead market by saling or purchasing electricity. The VPP in the study consists of wind power plant, conventional power plant and energy storage system. The problem is formulated as a mixed-integer non-linear problem, applied for 24-hours time horizon and tested in GAMS software. The applicability of the method has been demonstrated by showing that the proposed method helps VPP owner about how to provide optimum sale/purchase bids in the day ahead market.
Turkish Electricity Market, Day Ahead Market, Virtual Power Plant
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Birincil Dil tr Mühendislik, Ortak Disiplinler Makaleler Orcid: 0000-0001-5704-4678Yazar: ÖZGE PINAR AKKAŞ (Sorumlu Yazar)Kurum: KIRIKKALE ÜNİVERSİTESİÜlke: Turkey Orcid: 0000-0003-0947-2832Yazar: YAĞMUR ARIKANKurum: KIRIKKALE ÜNİVERSİTESİ Orcid: 0000-0001-6491-9225Yazar: ERTUĞRUL ÇAMKurum: KIRIKKALE ÜNİVERSİTESİ Yayımlanma Tarihi : 31 Aralık 2018
 Bibtex @araştırma makalesi { umagd477839, journal = {International Journal of Engineering Research and Development}, issn = {}, eissn = {1308-5514}, address = {Kırıkkale Üniversitesi Mühendislik Fakültesi Dekanlığı Kampüs 71450 Yahşihan/KIRIKKALE}, publisher = {Kırıkkale Üniversitesi}, year = {2018}, volume = {10}, pages = {12 - 19}, doi = {10.29137/umagd.477839}, title = {Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market}, key = {cite}, author = {AKKAŞ, ÖZGE PINAR and ARIKAN, YAĞMUR and ÇAM, ERTUĞRUL} } APA AKKAŞ, Ö , ARIKAN, Y , ÇAM, E . (2018). Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market. International Journal of Engineering Research and Development , 10 (3) , 12-19 . DOI: 10.29137/umagd.477839 MLA AKKAŞ, Ö , ARIKAN, Y , ÇAM, E . "Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market". International Journal of Engineering Research and Development 10 (2018 ): 12-19 Chicago AKKAŞ, Ö , ARIKAN, Y , ÇAM, E . "Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market". International Journal of Engineering Research and Development 10 (2018 ): 12-19 RIS TY - JOUR T1 - Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market AU - ÖZGE PINAR AKKAŞ , YAĞMUR ARIKAN , ERTUĞRUL ÇAM Y1 - 2018 PY - 2018 N1 - doi: 10.29137/umagd.477839 DO - 10.29137/umagd.477839 T2 - International Journal of Engineering Research and Development JF - Journal JO - JOR SP - 12 EP - 19 VL - 10 IS - 3 SN - -1308-5514 M3 - doi: 10.29137/umagd.477839 UR - https://doi.org/10.29137/umagd.477839 Y2 - 2018 ER - EndNote %0 Uluslararası Mühendislik Araştırma ve Geliştirme Dergisi Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market %A ÖZGE PINAR AKKAŞ , YAĞMUR ARIKAN , ERTUĞRUL ÇAM %T Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market %D 2018 %J International Journal of Engineering Research and Development %P -1308-5514 %V 10 %N 3 %R doi: 10.29137/umagd.477839 %U 10.29137/umagd.477839 ISNAD AKKAŞ, ÖZGE PINAR , ARIKAN, YAĞMUR , ÇAM, ERTUĞRUL . "Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market". International Journal of Engineering Research and Development 10 / 3 (Aralık 2019): 12-19 . https://doi.org/10.29137/umagd.477839 AMA AKKAŞ Ö , ARIKAN Y , ÇAM E . Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market. IJERAD. 2018; 10(3): 12-19. Vancouver AKKAŞ Ö , ARIKAN Y , ÇAM E . Offering Model for Optimization of Virtual Power Plant Operation in Electricity Market. International Journal of Engineering Research and Development. 2018; 10(3): 19-12.