Bi-Objective Dispatch of Multi-Energy Virtual Power Plant: Deep-Learning based Prediction and Particle Swarm Optimization

This paper addresses the coordinative operation problem of multi-energy virtual power plant (ME-VPP) in the context of energy internet. A bi-objective dispatch model is established to optimize the performance of ME-VPP on both economic cost(EC) and power quality (PQ).Various realistic factors are considered, which include environmental governance, transmission ratings, output limits, etc. Long short-term memory (LSTM), a deep learning method, is applied to the promotion of the accuracy of wind prediction. An improved multi-objective particle swarm optimization (MOPSO) is utilized as the solving algorithm. A practical case study is performed on Hongfeng Eco-town in Southwestern China. Simulation results of three scenarios verify the advantages of bi-objective optimization over solely saving EC and enhancing PQ. The Pareto frontier also provides a visible and flexible way for decision-making of ME-VPP operator. Two strategies, “improvisational” and “foresighted”, are compared by testing on IEEE 118-bus benchmark system. It is revealed that “foresighted” strategy, which incorporates LSTM prediction and bi-objective optimization over 5-hr receding horizon, takes 10 Pareto dominances in 24 hours.