Optimal trading of plug-in electric vehicle aggregation agents in a market environment for sustainability

Applied Energy

Volumn 162, Issue , 2016, Pages 601-612

  Shafie khah, M ^a,b   Heydarian Forushani, E ^c   Golshan, M E H ^c   Siano, P ^b   Moghaddam, M P ^d   Sheikh El Eslami, M K ^d   Catalao J P S ^a,e,f  

^a UNIVERSITY OF BEIRA INTERIOR   (Portugal)

^b UNIVERSITY OF SALERNO   (Italy)

^c ISFAHAN UNIVERSITY OF TECHNOLOGY   (Iran)

^d TARBIAT MODARES UNIVERSITY   (Iran)

^e UNIVERSITY OF PORTO   (Portugal)

^f UNIVERSITY OF LISBON   (Portugal)

Author keywords

Intraday demand response exchange; Offering bidding strategy; Plug in electric vehicle aggregation

Indexed keywords

COMMERCE; ELECTRIC POWER TRANSMISSION NETWORKS; ELECTRIC VEHICLES; PROFITABILITY; RENEWABLE ENERGY RESOURCES; SMART POWER GRIDS; STOCHASTIC MODELS; STOCHASTIC SYSTEMS; SUSTAINABLE DEVELOPMENT; VEHICLES;

DEMAND RESPONSE EXCHANGES; ENERGY SUSTAINABILITY; MARKET ENVIRONMENT; OFFERING/BIDDING STRATEGY; PLUG-IN ELECTRIC VEHICLES; RENEWABLE ENERGY SOURCE; SYSTEM RELIABILITY; UNCERTAIN FEATURES;

POWER MARKETS;

DEMAND ANALYSIS; EFFICIENCY MEASUREMENT; ELECTRIC VEHICLE; ELECTRICITY; ENERGY MARKET; ENERGY RESOURCE; OPTIMIZATION; RENEWABLE RESOURCE; STOCHASTICITY; SUSTAINABILITY;

EID: 84946033787     PISSN: 03062619     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.apenergy.2015.10.134     Document Type: Article

References (44)

1. Yong J.Y., Ramachandaramurthy V.K., Tan K.M., Mithulananthan N. A review on the state-of-the-art technologies of electric vehicle, its impacts and prospects. Renew Sustain Energy Rev 2015, 49:365-385.
2. International Energy Agency. Global EV Outlook: factsheet. [updated 2013 April 16; cited 2014 January 13]. http://www.iea.org/topics/transport/electricvehiclesinitiative/GEO_Factsheet.pdf.
3. Zhang Shuo, Xiong Rui Adaptive energy management of a plug-in hybrid electric vehicle based on driving pattern recognition and dynamic programming. Appl Energy 2015, 155:68-78.
4. Jian Linni, Zheng Yanchong, Xiao Xinping, Chan C.C. Optimal scheduling for vehicle-to-grid operation with stochastic connection of plug-in electric vehicles to smart grid. Appl Energy 2015, 146:150-161.
5. Liu Zhe, Wang Dan, Jia Hongjie, Djilali Ned Power system operation risk analysis considering charging load self-management of plug-in hybrid electric vehicles. Appl Energy 2014, 136:662-670.
6. Shafie-khah M., Moghaddam M.P., Sheikh-El-Eslami M.K., Catalão J.P.S. Optimised performance of a plug-in electric vehicle aggregator in energy and reserve markets. Energy Convers Manage 2015, 97:393-408.
7. Boynuegri A.R., Uzunoglu M., Erdinc O., Gokalp E. A new perspective in grid connection of electric vehicles: different operating modes for elimination of energy quality problems. Appl Energy 2014, 132:435-451.
8. Wu D., Aliprantis D.C., Gkritza K. Electric energy and power consumption by light-duty plug-in electric vehicles. IEEE Trans Power Syst 2011, 26:738-746.
9. Sioshansi R., Fagiani R., Marano V. Cost and emissions impacts of plug-in hybrid vehicles on the Ohio power system. Energy Policy 2010, 38:6703-6712.
10. Galus M.D., et al. transport systems and vehicle technology for electric mobility impact assessment and efficient control. IEEE Trans Smart Grid 2012, 3:934-949.
11. Shao S., Pipattanasomporn M., Rahman S. Demand response as a load shaping tool in an intelligent grid with electric vehicles. IEEE Trans Smart Grid 2011, 2:624-631.
12. van Haaren R. Assessment of electric cars' range requirements and usage patterns based on driving behaviour recorded in the national household travel survey of 2009. New York: Columbia Univ.; 2011.
13. Bessa R.J., Matos M.A. Optimization models for EV aggregator participation in a manual reserve market. IEEE Trans Power Syst 2013, 28(3):3085-3095.
14. Brooks A., Lu E., Reicher D., Spirakis C., Weihl B. Demand dispatch. IEEE Power Energy Mag 2010, 8:20-29.
15. Han Se., Han So., Sezaki K. Development of an optimal vehicle-to-grid aggregator for frequency regulation. IEEE Trans Smart Grid 2010, 1:65-72.
16. Andersen P.H., Mathews J.A., Raska M. Integrating private transport into renewable energy policy: the strategy of creating intelligent recharging grids for electric vehicles. Energy Policy 2009, 37:2481-2486.
17. Galus M.D., Zima M., Andersson G. On integration of plug-in hybrid electric vehicles into existing power system structures. Energy Policy 2010, 38(11):6736-6745.
18. Sortomme E., El-Sharkawi M.A. Optimal charging strategies for unidirectional vehicle-to-grid. IEEE Trans Smart Grid 2011, 2(1):131-138.
19. Cao Y., et al. An optimized EV charging model considering TOU price and SOC curve. IEEE Trans Smart Grid 2012, 3:388-393.
20. Bessa R.J., Matos M.A., Soares F.J., Lopes J.A.P. Optimized bidding of a EV aggregation agent in the electricity market. IEEE Trans Smart Grid 2012, 3:443-452.
21. Aghaei J., Alizadeh M.I. Demand response in smart electricity grids equipped with renewable energy sources: a review. Renew Sustain Energy Rev 2013, 18:64-72.
22. Nguyen D.T., Negnevitsky M., Groot M.D. Pool-based demand response exchange-concept and modeling. IEEE Trans Power Syst 2011, 26:1677-1685.
23. Federal Energy Regulatory Commission. Assessment of demand response and advanced metering. In: Staff report; 2012.
24. Shariatzadeh F., Mandal P., Srivastava A.K. Demand response for sustainable energy systems: a review, application and implementation strategy. Renew Sustain Energy Rev 2015, 45:343-350.
25. Liu Y., Holzer J.T., Ferris M.C. Extending the bidding format to promote demand response. Energy Policy 2015, 86:82-92.
26. Nguyen DT, Negnevitsky M, Groot MD. A new and separated market for demand response in restructured power systems. In: Proc IEEE PES power systems conference and exposition; 2011.
27. Wu D., Aliprantis D.C., Ying L. Load scheduling and dispatch for aggregators of plug-in electric vehicles. IEEE Trans Smart Grid 2012, 3:368-376.
28. Andersson S.L., et al. Plug-in hybrid electric vehicles as regulating power providers: case studies of Sweden and Germany. Energy Policy 2010, 38:2751-2762.
29. Pillai J.R., Bak-Jensen B. Integration of vehicle-to-grid in the western Danish power system. IEEE Trans Sustainable Energy 2011, 2:12-19.
30. Shafie-khah M., Moghaddam M.P., Sheikh-El-Eslami M.K., Rahmani-Andebili M. Modeling of interactions between market regulations and behaviour of plug-in electric vehicle aggregators in a virtual power market environment. Energy 2012, 40:139-150.
31. Chua-Liang S., Kirschen D. Quantifying the effect of demand response on electricity markets. IEEE Trans Power Syst 2009, 24:1199-1207.
32. Walawalkar R., Fernands S., Thakur N., Chevva K.R. Evolution and current status of demand response (DR) in electricity markets: Insights from PJM and NYISO. Energy 2010, 35:1553-1560.
33. Albadi M.H., El-Saadany E.F. A summary of demand response in electricity markets. Electr Power Syst Res 2008, 78:1989-1996.
34. Nguyen D.T., Negnevitsky M., Groot M.D. Walrasian market clearing for demand response exchange. IEEE Trans Power Syst 2012, 27:535-544.
35. Conejo A.J., Nogales F.J., Arroyo J.M. Price-taker bidding strategy under price uncertainty. IEEE Trans Power Syst 2002, 17:1081-1088.
36. Niknam T., Azizipanah-Abarghooee R., Narimani M.R. An efficient scenario-based stochastic programming framework for multi-objective optimal micro-grid operation. Appl Energy 2012, 99:455-470.
37. Pasaoglu G, et al. Driving and parking patterns of European car drivers - a mobility survey. Joint Research Centre, European Commission, European Union; 2012.
38. Meliopoulos S. Power system level impacts of plug-in hybrid vehicles. Power Systems Engineering Research Center (PSERC); 2009.
39. Domínguez-García AD, Heydt GT, Suryanarayanan S. Implications of the smart grid initiative on distribution engineering. PSERC Document 11-05; September 2011.
40. Morales J.M., Conejo A.J., Pérez-Ruiz J. Short-term trading for a wind power producer. IEEE Trans Power Syst 2010, 25:554-564.
41. Kempton W., Tomic J. Vehicle-to-grid power fundamentals: calculating capacity and net revenue. J Power Sources 2005, 144:268-279.
42. Gan L., Topcu U., Low S.H. Optimal decentralized protocol for electric vehicle charging. IEEE Trans Power Syst 2013, 28:940-951.
43. Shao S., Pipattanasomporn M., Rahman S. Grid integration of electric vehicles and demand response with customer choice. IEEE Trans Smart Grid 2012, 3:543-550.
44. Red Electrica de Espana (REE). Sistema de Información del Operador del Sistema (e · sios). http://www.esios.ree.es./web-publica/.