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Optimal carbon-electricity trade-offs through the virtual power plant concept

Abstract

To ameliorate the increased challenges relating to renewable energy sources set by European Union targets for the 2020, 2030 and 2050 paradigms, in this work a carbon-electricity model is proposed by making use of a virtual power plant mechanism.

The radical configuration is arranged for the islanded power system of Cyprus, by making use of internal combustion engines, steam generators and domestic wind, photovoltaic and biomass units.

Using an algorithm relied on mixed-integer linear programming, clean resources integration can be enhanced in a cost-effective manner in terms of total production and…

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