Understanding Virtual Power Plant in One Article

2023-08-23 09:40:44

The core of the virtual power plant concept can be summarized as "communication" and "aggregation".

What is a "virtual power plant"? The core of the

virtual power plant concept can be summarized as "communication" and "aggregation". The key technologies of virtual power plant mainly include coordinated control technology, intelligent metering technology and information and communication technology. The upstream of

China's virtual power plant industry chain is various basic resources, including controllable load, distributed energy and energy storage; the midstream is virtual power plant operation, resource aggregation platform and technical services; the downstream is power demanders, including power companies, power selling companies and large users. The most attractive function of

virtual power plant is that it can aggregate distributed energy resources (DER) to participate in the operation of electricity market and ancillary services market. While providing management and ancillary services for distribution network and transmission network, it integrates and interconnects the participants of virtual power plant to form a complete set of digital system.

Q: Why a "virtual" power plant? "Virtual" means that it is not an entity, so the virtual power plant itself does not generate electricity, but integrates a large number of scattered and adjustable power loads in the grid and joins the grid dispatch to achieve effective peak shaving and valley filling. At the same time, it can also provide auxiliary power services such as frequency modulation, voltage regulation and reserve to enhance the security of the power grid. Therefore, the virtual power plant is essentially a software platform system, which aggregates the existing distributed resources and participates in the electricity market through collaborative control.

Q: Where does the energy of the "virtual power plant" come from?

On the one hand, all kinds of electricity loads aggregated by virtual power plants are "adjustable", such as air conditioning in office buildings, public transport and so on.

On the other hand, supported by digital technology, it integrates power loads in different spaces to achieve optimal dispatch, thus playing a role in stabilizing power supply. On this basis, the virtual power plant can further aggregate and optimize the management and control of distributed resources such as distributed generation, energy storage, electric vehicle and so on, and "gather sand into a tower" of different types of distributed resources.

1. Distributed photovoltaic power station refers to a distributed photovoltaic power station system that uses photovoltaic modules to directly convert solar energy into electric energy. The most widely

used distributed photovoltaic power station system is the

In recent years, the new installed capacity of distributed photovoltaic in China has been increasing. In the first half of 2023, the newly installed capacity of distributed PV reached 40. In the first half of 2023, all segments of distributed PV achieved double growth, with a growth rate of more than 100%. It is expected that the installed capacity of distributed PV will reach a new high in 2023.

2. It is a new type of power generation and comprehensive utilization of energy with broad prospects for development.

Wind power generation technology is a power generation technology that converts wind energy into electric energy. It can be divided into two types: independent operation and grid-connected operation. The former is a miniature or small wind turbine with a capacity of 100 W to 10 kW, while the latter usually has a capacity of more than 150 kW. Wind power generation technology has made rapid progress, and the technology of single unit capacity below 2MW has been very mature. With the further aggravation of global energy shortage, renewable energy has attracted more and more attention. As an important renewable energy, wind power resources have been further developed and utilized. Wind power generation technology has been relatively mature today, and its application prospects are becoming more and more bright in the context of global energy depletion. Wind power resource is clean, pollution-free, safe and controllable, which is a high-quality renewable new energy. Distributed generation technology has been widely used in China.

Distributed generation is an important part of wind power industry, and it is a distributed generation with high energy density. Compared with large bases, decentralized wind power is not restricted by UHV transmission lines, and can meet energy demand and load response nearby. In recent years, the installed capacity of decentralized wind power in China has increased rapidly. By the end of 2022, the cumulative installed capacity of decentralized wind power in China was 13.44 million kilowatts, an increase of 34.9% over the same period last year, and is expected to reach 1577.3

in 2023.

Since 2014, China's hydropower installed capacity and power generation have steadily ranked first in the world. Hydropower resources have become the second largest energy subject in China. In 2022, the installed capacity of hydropower in China was 41350 million kilowatts, an increase of 22.58 million kilowatts over the same period last year. 5. By the end of June 2023, the installed capacity

of hydropower in China was 4.4. That is to say, water is used as an energy storage medium to realize the storage and management of electric energy through the mutual conversion of electric energy and potential energy. Pumping water to the upper reservoir by using the electric energy in the low load period, and then discharging water to the lower reservoir for power generation in the peak load period. It can convert the surplus electric energy when the load of the power grid is low into high-value electric energy during the peak period of the power grid. It is suitable for frequency modulation and phase modulation to stabilize the cycle and voltage of power system, and can also improve the efficiency of thermal power station and nuclear power station in the system. After years of development,

China's pumped storage industry has basically formed an industrial chain system. By the end of 2022, the cumulative installed capacity of pumped storage reached 45.19 GW, an increase of 24% over 2021. Under the guidance of policies, the construction of pumped storage power stations will be further accelerated. It is estimated that the installed capacity will reach 51 by 2023.

(2) Compressed air energy storage

Compressed air energy storage refers to the energy storage method that uses electric energy for compressed air during the low load period of the power grid and releases compressed air to drive steam turbines to generate electricity during the peak load period of the power grid. The main forms are traditional compressed air energy storage system, compressed air energy storage system with heat storage device and liquid-gas compression energy storage system.

At present, domestic compressed air energy storage is accelerating into the stage of commercial application. According to the incomplete statistics of Polaris Energy Storage Network, about 19 demonstration projects of compressed air energy storage will be signed in 2022, and the scale of energy storage that has been made public is about 6.5

.

The National Energy Work Conference in 2021 clearly proposed to vigorously enhance the capacity of new energy consumption and storage, and vigorously develop the energy storage industry. Influenced by various favorable factors, the electrochemical energy storage market has maintained rapid development. In 2022, the cumulative installed capacity of electrochemical energy storage in China reached 11 GW. In the future, with the large-scale promotion of distributed energy such as distributed photovoltaic and decentralized wind power, the cumulative installed capacity of electrochemical energy storage will continue to grow. It is estimated that the cumulative installed capacity of electrochemical energy storage will reach 20 in 2023.

Q: How does "virtual power plant" change the industry? As a visual self-organizing mode,

virtual power plant can not only generate electricity by combining a variety of distributed resources, but also achieve energy-saving reserve by adjusting controllable load, using time-of-use price, interruptible price and user time energy storage. This coordinated control optimization greatly reduces the impact of distributed resource integration on the power grid, thus reducing the scheduling difficulty caused by the growth of distributed resources, making the distribution management more reasonable and orderly, and thus improving the stability of system operation.

2. Virtual power plants can make more efficient use of and promote distributed energy generation.

With the rapid growth of distributed energy such as distributed photovoltaic and decentralized wind power in China, their large-scale and high proportion access has brought a series of challenges to the balance of power system and the safe operation of power grid. If these distributed generators participate in the operation of the power grid in the form of virtual power plants, the impact of their fluctuations on the power grid can be eliminated through internal combination optimization, so as to achieve efficient utilization. In addition, the virtual power plant can also enable distributed energy to obtain the maximum economic benefits from the electricity market, shorten the cost recovery cycle, thus attracting and expanding such investment, thereby promoting the development of distributed energy.

3. Virtual power plant can use market means to promote the optimal allocation of power generation resources. To guide social capital to voluntarily participate in virtual power plant projects

on the grid and user sides, it is necessary to make social capital "profitable", and to commercialize virtual power plants, they can be more widely used on the grid and user sides. The most attractive function of the

virtual power plant is that it can aggregate various types of distributed resources to participate in the operation of the electricity market. As an intermediary between distributed resources, power dispatching institutions and power market, virtual power plants can execute market clearing results on behalf of distributed resource owners and realize energy trading. From the perspective of other market participants, the virtual power plant behaves as a conventional dispatchable power plant. Because of the diversity of generation resources, virtual power plants can participate in not only the main energy market, but also the ancillary services market, thus participating in a variety of power market operation modes and their dispatching frameworks, which plays a positive role in promoting the wide optimal allocation of generation resources.

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Correlation

The core of the virtual power plant concept can be summarized as "communication" and "aggregation".

2023-08-23 09:40:44

In terms of revenue, 9 of the 22 listed companies achieved revenue growth and 13 declined. From the net return to the mother, 16 companies realized profits and 6 companies suffered losses.