Virtual Power Plant

Virtual power plants (VPPs) aggregate geographically dispersed renewable energy sources and other distributed energy resources (DERs) to participate in energy markets and enhance grid stability. Current research emphasizes developing advanced control and optimization strategies, often employing machine learning techniques like deep reinforcement learning and distributed optimization algorithms, to efficiently manage the inherent uncertainties and complexities of VPP operations, including real-time energy dispatch and strategic bidding. This focus on improved forecasting, robust control, and fair resource allocation is driven by the need for efficient integration of renewable energy and the increasing importance of VPPs in modern power systems. The resulting advancements have significant implications for grid modernization, market efficiency, and the broader transition to sustainable energy.

Papers