Economical management of virtual power plant source-network-load-storage in the context of electricity-carbon market

Under the imperative of achieving dual-carbon goals, the number of distributed energy resources are gradually increasing, thereby amplifying the challenges to grid stability and power balance. Consequently, there is an urgent need to leverage the potential of source-network-load-storage for enhanced power regulation and control. This paper proposes a cloud-edge-end-based multi-time scale economical management of virtual power plant (VPP) source-network-load-storage in the context of electricity-carbon market. In the first layer, a cloud-edge scheduling approach is used to optimize the source-network-load-storage system of the VPP over a long time horizon, aiming to maximize economic benefits. In the second layer, a novel real-time pricing mechanism is employed to effectively manage and regulate the electric vehicle (EV) storage and charging stations. After obtaining the economic management parameters from the previous layer, the second layer employs a real-time scheduling approach based on end-side model predictive control (MPC), to address multi-energy supply-demand fluctuations. To achieve efficient solution, the original two-layer optimization problem is reformulated using mixed-integer linear programming (MILP). Comparative analyses have demonstrated the superior economic and practical performance of the proposed two-layer optimization approach. Simulation results indicate that the total operating cost of the system can be reduced by 2.35%, with a higher flexibility of electricity market operations.

Authors

Institutions

Publication Details

Journal
PLoS ONE
Published
2026-01-07
DOI
https://doi.org/10.1371/journal.pone.0338321
Primary Topic
Smart Grid Energy Management
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Economical management of virtual power plant source-network-load-storage in the context of electricity-carbon market

Yilu Zheng, Panhong Zhang
PLoS ONE
Smart Grid Energy Management
article

Economical management of virtual power plant source-network-load-storage in the context of electricity-carbon market

Yilu Zheng, Panhong Zhang
article en

Abstract

Under the imperative of achieving dual-carbon goals, the number of distributed energy resources are gradually increasing, thereby amplifying the challenges to grid stability and power balance. Consequently, there is an urgent need to leverage the potential of source-network-load-storage for enhanced power regulation and control. This paper proposes a cloud-edge-end-based multi-time scale economical management of virtual power plant (VPP) source-network-load-storage in the context of electricity-carbon market. In the first layer, a cloud-edge scheduling approach is used to optimize the source-network-load-storage system of the VPP over a long time horizon, aiming to maximize economic benefits. In the second layer, a novel real-time pricing mechanism is employed to effectively manage and regulate the electric vehicle (EV) storage and charging stations. After obtaining the economic management parameters from the previous layer, the second layer employs a real-time scheduling approach based on end-side model predictive control (MPC), to address multi-energy supply-demand fluctuations. To achieve efficient solution, the original two-layer optimization problem is reformulated using mixed-integer linear programming (MILP). Comparative analyses have demonstrated the superior economic and practical performance of the proposed two-layer optimization approach. Simulation results indicate that the total operating cost of the system can be reduced by 2.35%, with a higher flexibility of electricity market operations.

PLoS ONEVol. 21(1)
China University of Geosciences (CN), Hubei University Of Economics (CN)
Affordable and clean energy
Openalex Percentile: Top 94%
Smart Grid Energy Management
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Economical management of virtual power plant source-network-load-storage in the context of electricity-carbon market — Yilu Zheng, Panhong Zhang · PLoS ONE (2026) | TGRS Research Map | TGRS