VirtualGeneral Introduction power plants are defined as aggregations of distributed resources using advanced tech to participate in power market and grid operations. Their characteristics include being digital, having diverse resources like controllable loads and energy storage, not needing large hardware investment, being a market participant, and differing from microgrids. Compared to traditional plants, they have diverse, eco-friendly resources and are competitive. The components are distributed power, distributed storage, controllable loads, etc., and they have various business and trading modes, with cross-regional trading being a key feature.