1) Familiarizes with concepts, key components, and system architecture of practical VPPs. 2) Discusses the role of VPPs in future energy communities 3) Explores smart functionalities and advance algorithms for energy management and de-carbonization within the VPP. 4) Introduces novel business models for flexibility services in different time frames, local and global markets. 5) Discusses smart contract concept and peer-to-peer trading models within a VPP. 6) Includes application of emerging technologies in the context of VPP such as blockchain, digital twin, distributed ledger technology, etc.

Discusses flexibility issues in modern and future Smart power systems. Discusses flexible smart distribution grid with renewable-based distributed generation. Explains high penetration level of renewable energy sources and flexibility issues. Highlights flexibility based on energy storages, demand response, and plug-in electric vehicles. Describes Flexibility sources in modern power systems.

Discusses flexibility issues in modern and future Smart power systems. Discusses flexible smart distribution grid with renewable-based distributed generation. Explains high penetration level of renewable energy sources and flexibility issues. Highlights flexibility based on energy storages, demand response, and plug-in electric vehicles. Describes Flexibility sources in modern power systems.