What are microgrids and virtual power plants?

Microgrids and virtual power plants (VPPs) are two remarkable solutions for reliable supply of electricity in a power system. Since these structures include distributed energy resources (DERs), scheduling of these resources is then very important , .

How to increase microgrid power?

increasing the microgrid power generated from renewable energy resources sale/purchase of electricity to national grid, sale of electricity to local market, sale of hydrogen, purchase of natural gas, purchase of biomass, penalty for demand that is not met and operational costs for the different facilities

Why are microgrids and VPPs important?

Since these structures include distributed energy resources (DERs), scheduling of these resources is then very important , . Microgrids and VPPs share some important features like the ability to integrate demand response (DR); generation of distributed renewable energy; and storage at the distribution level.

What are the most important components of a microgrid or VPP scheduling?

As it can be seen, the most important components of a microgrid or VPP scheduling that can be uncertain are wind power, solar power, load and market price.

What is the investment cost of a microgrid?

total investment cost included inner cost, environment cost and compensation cost even when the disaster occurs to the power grid, the power loss in the microgrid is zero based on the economic investment. Also the capacities are not needed to guarantee the largest load demand in a day

Can optimization tools and techniques be used to empower microgrids?

Reference reviews the concept of hybrid renewable energy systems and application of optimization tools and techniques to microgrids. In this reference, a framework of diverse objectives has been outlined for which optimization approaches were applied to empower the microgrid.