Stochastic electrical energy management of industrial Virtual Power Plant considering time-based and incentive-based Demand Response programs option in contingency condition

Abstract Nowadays, the sustainable energy management of industrial environments is of great importance because of their heavy loads and behaviors. In this paper, the Virtual Power Plant (VPP) idea is commented as a collected generation to be an appropriate approach for these networks handling. Here, Technical Industrial VPP (TIVPP) is characterized as a dispatching unit contains demands and generations situated in an industrial network. A complete structure is proposed here for possible conditions for different VPPs cooperation in the power market. This structure carries out a day-ahead and intra-day generation planning by choosing the best Demand Response (DR) programs considering wind power and market prices as the uncertain parameters. A risk management study is likewise taken into account in the proposed stages for contingency conditions. So, some component changes, like, regular demand changes and single-line outage are prepared in the framework to authorize the suggested concept in the contingency situation. To determine the adequacy and productivity of the proposed strategy, the IEEE-RTS modified framework is examined to test the technique and to evaluate some reassuring perspectives too. By the proposed methodology, the delectability of DR projects is uncovered in industrial networks and the improvement level of load shedding and the lower cost will be achieved.