VPP's multi-level negotiation in smart grids and competitive electricity markets

@article{Vale2011VPPsMN,
  title={VPP's multi-level negotiation in smart grids and competitive electricity markets},
  author={Zita A. Vale and Tiago Pinto and Hugo Morais and Isabel Praça and Pedro Faria},
  journal={2011 IEEE Power and Energy Society General Meeting},
  year={2011},
  pages={1-8}
}
The increase of distributed generation (DG) has brought about new challenges in electrical networks electricity markets and in DG units operation and management. Several approaches are being developed to manage the emerging potential of DG, such as Virtual Power Players (VPPs), which aggregate DG plants; and Smart Grids, an approach that views generation and associated loads as a subsystem. This paper presents a multi-level negotiation mechanism for Smart Grids optimal operation and negotiation… CONTINUE READING
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