Energy management of virtual power plants dependent on electro-economical model

From about two decades passed, a new expression was proposed for the first time: "Virtual Power Plants (VPPs)". At this moment, a question was asked about if the VPPs can contribute as a trustworthy and environmentally oriented energy supply, or not? From this instant, over two hundred articles was presented for the management and optimal utilization of such a system, reliability and adaptation of VPP with the network connected to, retail and wholesale markets... etc. Most or approximately all articles intended with VPPs focused on studying VPPs from economical point of view only and did not studied the electrical and energy performance of VPPs. This paper represents a novel combined model for economical and electrical performances together of a generic VPP (GVPP); the electro-economical model (EEM). Two main targets are required from the proposed GVPP EEM: best performance and active network energy management of this GVPP. Also, a proposal for the first real case study in Egypt is taken under consideration: Siwa Oasis, Egypt. Siwa Oasis proposed VPP is modeled also with EEM. EEM for these two cases (GVPP and Siwa Oasis VPP) are simulated to obtain best performance and active network energy management for these VPPs. All data and results are stated and discussed. (C) 2019 THE AUTHORS. Published by Elsevier BV on behalf of Faculty of Engineering, Ain Shams University.