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Market and network integration of distributed energy resources can be facilitated by their coordination within a virtual power plant (VPP). However, VPP operation subject to network limits and different market and physical uncertainties is a challenging task. This paper introduces a framework that co-optimizes the VPP provision of multiple market (e.g., energy, reserve), system (e.g., fast frequency response, inertia, upstream reactive power), and local network (e.g., voltage support) services with the aim of maximizing its revenue. To ensure problem tractability, while accommodating the uncertain nature of market prices, local demand, and renewable output and while operating within local network constraints, the framework is broken down into three sequentially coordinated optimization problems. Specifically, a scenario-based robust optimization for day-ahead resource scheduling, with linearized power flows, and two receding horizon optimizations for close-to-real-time dispatch, with a more accurate second-order cone relaxation of the power flows. The results from a real Australian case study demonstrate how the framework enables effective deployment of VPP flexibility to maximize its multi-service value stack, within an uncertain operating environment, and within technical limits. [ABSTRACT FROM AUTHOR]

As rooftop solar PVs installed by residential customers penetrate in low voltage distribution network (LVDN), some issues, e.g. over/under voltage and unbalances, which may undermine the network's operational performance, need to be adequately addressed. To mitigate unbalances in LVDN, phase-switching devices (PSDs) and static var compensator (SVC) are two equipment that is cost-effective and efficient. However, most existing research on operating PSDs is based on inflexible heuristic algorithms or without considering the network formulation, which may lead to strategies that violate operational requirements. Moreover, few pieces of literature have been reported on mitigating unbalances in LVDN via SVC and PSDs together. This paper formulates the decision-making process as a mixed-integer non-convex programming (MINCP) problem after developing an SVC model for dispatch purpose. Compared with existing work, the proposed method aims at minimizing current unbalance based on their phasor values and takes the network's operational requirements into account. To efficiently solve the challenging problem, the MINCP is reformulated as a mixed-integer second order-cone programming (MISOCP) problem based on either exact reformulations or accurate approximations, making it possible to employ efficient off-the-shelf solvers. Simulations based on two modified IEEE systems and a practical Australian LVDN demonstrates the efficiency of the proposed method in mitigating unbalances in LVDN. [ABSTRACT FROM AUTHOR]

Synchronous generators are operating for less time than before or being decommissioned in the National Electricity Market (NEM) of Australia, due to the proliferation of asynchronous wind and solar generation. Sub-networks of the NEM will face inertia shortages in the near future. This paper develops a formulation of zonal inertia constrained generator dispatch for power systems with a diversified generator portfolio including synchronous generators, synchronous condensers, inverter-interfaced generators and energy storages. Zonal inertia constraints are formulated in unit commitment and optimal power flow to limit the rate of change of frequency (RoCoF) in the event of network separation. Load frequency relief is also considered to reduce the ramp rate requirement of primary reserve. The proposed formulation can reduce the average cost of primary reserve and maintain zonal inertia adequacy to constrain RoCoF in case of the trip of the interconnector(s). [ABSTRACT FROM AUTHOR]

This paper presents a multi-nodal intertemporal Cournot gaming model with transmission constraints and uses it to simulate energy-only and capacity-energy market designs in the presence of uncertainties stemming from intermittent renewable power generation. Both market paradigms are compared to a competitive benchmark in order to determine which one performs better in a concentrated market with significant penetration of wind and solar generation. As a specific example, the model is applied to the South Australian zone of the Australian National Electricity Market (NEM). The simulation results for the time interval 2013–2030 show that the capacity-energy market has the potential to induce significant new capacity and push prices much closer to the competitive level in contrast to the current energy-only market design. [ABSTRACT FROM AUTHOR]