Information system of fractional owned virtual hydropower plant

Juha P. Lahti, Petri Helo, Ahm Shamsuzzoha, Kongkiti Phusavat

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Open power markets have dramatically changed the way how power producers optimize their capacity from business point of view. Efficient functioning in the power markets and optimizing financial profit has highlighted innovative use of Information and Communication Technology (ICT). Applying advanced ICT to optimize power production has become more common. Several models for Virtual Power Plants (VPP) combining small size electricity production units to a large unit have been presented. Reverse approaches where large units are divided into several small units by means of virtualization are rare. Traditionally hydropower plants are considered as one large power producing unit. This paper describes a model of Fractional Owned virtual Hydropower Plant and design of information system that enables virtualized hydropower plant for several individual partial owners. Model offers independent control and optimization features to each of the fractional owners. Partial owner can store or use its water capacity when needed and optimize the electricity production based on its business needs. The paper approaches the topic from virtualization and information system perspective.

Original languageEnglish
Title of host publicationInternational Conference on ICT and Knowledge Engineering
PublisherIEEE Computer Society
Pages46-51
Number of pages6
Volume2015-December
ISBN (Print)9781467391894
DOIs
Publication statusPublished - Dec 29 2015
Event13th International Conference on ICT and Knowledge Engineering, ICT and KE 2015 - Bangkok, Thailand
Duration: Nov 18 2015Nov 20 2015

Other

Other13th International Conference on ICT and Knowledge Engineering, ICT and KE 2015
CountryThailand
CityBangkok
Period11/18/1511/20/15

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Keywords

  • electricity market
  • energy
  • hydropower
  • information system
  • virtual power plant

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Computer Science Applications
  • Information Systems

Cite this

Lahti, J. P., Helo, P., Shamsuzzoha, A., & Phusavat, K. (2015). Information system of fractional owned virtual hydropower plant. In International Conference on ICT and Knowledge Engineering (Vol. 2015-December, pp. 46-51). [7368470] IEEE Computer Society. https://doi.org/10.1109/ICTKE.2015.7368470