Data Mining Approach for Decision Support in Real Data Based Smart Grid Scenario

Abstract

The increasing use of renewable energy sources and distributed generation brought several changes to the power system operation, with huge implications to the competitive electricity markets. With the eminent implementation of microgrids and smart grids, new business models able to cope with the new opportunities are being developed. Virtual Power Players are a new type of player, which allows aggregating a diversity of entities, e.g. generation, storage, electric vehicles, and consumers, to facilitate their participation in the electricity markets and to provide a set of new services promoting generation and consumption efficiency, while improving players` benefits. The contribution of this paper is a clustering methodology regarding the remuneration and tariff of VPP. It proposes a model to implement fair and strategic remuneration and tariff methodologies, using a clustering algorithm, which creates sub-groups of data according to their correlations. The clustering process is evaluated so that the number of data sub-groups that brings the most added value for the decision making process is found, according to the players characteristics. The proposed clustering methodology has been tested in a real distribution network with 16 bus, including residential and commercial consumers, PV generation and storage units.