The increased popularity of small-scale DER has replaced the well-established concept of conventional generating plants around the world. In the present energy scenario, a significant share of energy production now comes from the grid integrated DERs installed at various consumer premises. These DERs are being renewable-based generates only intermittent power, which in turn makes the scheduling of electrical dispatch a tough task. The Virtual Power Plant (VPP) is a potential solution to this challenge, which coordinates and aggregates the DERs generation into a single controllable profile. In this paper, a modified PSO-based multi-objective optimization is proposed for the VPP scheduling in distribution network applications such as energy cost minimization, peak shaving, and reliability improvement. For feasibility analysis of the VPP, a case study of state power utility is taken, which includes a 90 bus industrial feeder with grid integrated PVs as DER. The optimized results are computed in both grid-connected and autonomous mode reveal that the operating cost, peak demand, and EENS are declined by 31.70%, 23.59%, and 62.30% respectively. The overall results obtained are compared by the results obtained from other well-established optimization techniques and it is found that the proposed technique is comparatively more cost-effective than others.

Issues like economic growth and climate change demands immediate attention towards present sources of electrical energy. The use of renewable energy based Distributed Generation (DG) in the form of solar PV can be possible and economic solution to tackle these issues. Smart grid is the modernization of present grid infrastructure and DG is integral part of it. The DG based smart grid as micro grid can be implemented in different areas of the country for sustainable future. The Indian government has also made major changes in their renewable energy policy and introduces subsidies schemes like roof top PV and green campuses for promoting clean energy. In this paper, the implementation of this concept in university campus is proposed with the help of Homer software. The Homer simulates the alternative configurations with sensitivity variables and optimum solution has been determined for cost effectiveness.

One of the major driving factors in the shifting of the present grid paradigm to an active grid network is the reliability and resiliency of the utility network. With hefty investment in the distribution network protection and maintenance, the reliability of the feeders is considerably enhanced; however, large numbers of outages are still occurring every year which caused major production loss to the manufacturing sector. In this paper, the role of the solar grid-based Virtual Power Plant (VPP) is evaluated in the state power utility for the reliability enhancement and cost minimization using a multi-objective model based on MILP optimization. A 90 bus industrial feeder having automatic reclosers, DER, and DSM is selected on which the MCS method is utilized for computing reliability indices using the utility reliability parameters. The value of reliability indices such as EENS is declined by 68% by utilizing the VPP scenario. These values of this reliability index are fed into the multi-objective model for cost minimization. After running the optimization, the results reveal that the operational and the annual energy cost are reduced by 61% and 55% respectively which advocates the VPP implementation in the utility network. Both modes of the Virtual Power Plant such as grid-connected and autonomous mode have been discussed in detail. Lastly, the results of the developed model with MILP are compared with the proprietary derivative algorithm, and it is found that the proposed MILP is more cost-effective. The overall results advocate the VPP implementation in the utility grid as the economical advantage is provided to both utility and the consumers in terms of reduction in EENS and energy charges respectively.