Research on the functional design of a virtual power plant terminal measurement and control device suitable for real-time spot market

Abstract This article proposes a functional design scheme for a new virtual power plant terminal measurement and control device to meet the demand of the real-time spot market. This device integrates functions such as data acquisition, communication, control, and management, aiming to improve virtual power plants’ operational efficiency and responsiveness in real-time spot markets. The research focused on exploring the device’s functional requirements and hardware and software design and verified its performance through simulation. The results indicate that the device can effectively support virtual power plants in real-time spot market transactions, providing technical support for the power system’s stable operation and market-oriented reform.