Luis Baringo, Associate Professor at the Universidad de Castilla-La Mancha, Ciudad Real, Spain,
received the Industrial Engineering degree and the Ph.D. in Electrical Engineering from the
Universidad de Castilla-La Mancha, Spain, in 2009 and 2013, respectively. In 2014, he was a
postdoctoral researcher at the Power Systems Laboratory, ETH Zurich, Switzerland. He has
published over 20 papers in SCI journals and is the author of two textbooks published by Springer.
He is an IEEE Senior Member.
This textbook provides a detailed analysis of operation and planning problems faced by virtual power plants participating in different electricity markets. The chapters address in-depth, topics such as: optimization, market power, expansion, and modelling uncertainty in operation and planning problems of virtual power plants. The book provides an up-to-date description of decision-making tools to address challenging questions faced by virtual power plants such as:
The book is written in a tutorial style and modular format, and includes many illustrative examples to facilitate comprehension. It is intended for a diverse audience including advanced undergraduate and graduate students in the fields of electric energy systems, operations research, and economics. Practitioners in the energy sector will also benefit from the concepts and techniques presented in this book. In particular, this book:
Virtual Power Plants.- Virtual Power Plant Model.- Optimal Scheduling of a Risk-Neutral Virtual Power Plant in Energy Markets.- Optimal Scheduling of a Risk-Averse Virtual Power Plant in Energy Markets.- Optimal Scheduling of a Virtual Power Plant in Energy and Reserve Markets.- Price-Maker Virtual Power Plants.- Expansion Planning of Virtual Power Plants.- Optimization Problems.- Optimization Under Uncertainty.