Distributed generation expansion planning (DGEP) has been frequently reported in the literature around the world. In this scope, renewable technologies which are considered as a kind of distributed generations are developing due to their environmental benefits. However, only a few renewable...

VPP (Virtual Power Plant) is defined as a cluster of energy conversion/storage units which are centrally operated in order to improve the technical and economic performance. This paper addresses the optimal operation of a VPP considering the risk factors affecting its daily operation profits....