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Since renewable sources, such as wind and solar power plants, suffer from their stochastic nature, their behavior on market is very delicate. In order to diversify the risk, a concept of virtual power plant is developed. The virtual power plant is consisted of several renewable energy sources and at least one conventional power plant. The production of renewable energy sources cannot be perfectly...
Optimal voltage scheduling procedure is usually a part of a day-ahead or hour-ahead planning phase, done by Transmission System Operator (TSO). It provides an implementation of a voltage control ancillary service that consists of a planning phase based on optimal power flow algorithm, realtime operation and accounting and settlement. Voltage control ancillary service model described in the paper is...
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