Grid-Forming Virtual Power Plants: Concepts, Technologies and Advantages

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Abstract
Virtual Power Plants (VPPs) are efficient structures for attracting private investment, increasing the penetration of renewable energy and reducing the cost of electricity for consumers. It is expected that the number of VPPs will increase rapidly as their financial return is attractive to investors. VPPs will provide added value to consumers, to power systems and to electricity markets by contributing to different services such as the energy and load-following services. One of the capabilities that will become critical in the near future, when large power plants are retired, is grid-forming capability. This review paper introduces the concept of grid-forming VPPs along with their corresponding technologies and their advantages for the new generation of power systems with many connected VPPs.
Funding Information
  • Yaran Property Group and the Australian Department of Jobs, Tourism, Science and Innovation

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