Table 1 Literature survey brief analysis.

From: Forecasting of virtual power plant generating and energy arbitrage economics in the electricity market using machine learning approach

Issues described in the literature

Performance analysis

Literature

Forecasting

Error metrics

Uncertainty mitigation

Revenue estimation

VPP generating units

✓

✓

 × 

 × 

9,25,27,29

✓

 × 

 × 

 × 

7,20,23,24,28,30,39

✓

✓

✓

 × 

31

VPP benchmarking

 × 

 × 

 × 

 × 

6,10,11,12,17,18,34,36

 × 

 × 

 × 

✓

14,15,16

✓

✓

 × 

 × 

21,22

✓

 × 

 × 

 × 

26

 × 

 × 

✓

 × 

13,35,38

Energy storage

 × 

 × 

✓

 × 

32,33

 × 

 × 

✓

✓

44

 × 

 × 

 × 

 × 

8

Electricity market

 × 

 × 

✓

✓

37

Back to article page