DocumentCode
1309031
Title
Optimized Bidding of a EV Aggregation Agent in the Electricity Market
Author
Bessa, Ricardo J. ; Matos, Manuel A. ; Soares, Filipe Joel ; Lopes, João A Peças
Author_Institution
Inst. de Eng. de Sist. e Comput. do Porto (INESC Porto), Univ. of Porto, Porto, Portugal
Volume
3
Issue
1
fYear
2012
fDate
3/1/2012 12:00:00 AM
Firstpage
443
Lastpage
452
Abstract
An electric vehicle (EV) aggregation agent, as a commercial middleman between electricity market and EV owners, participates with bids for purchasing electrical energy and selling secondary reserve. This paper presents an optimization approach to support the aggregation agent participating in the day-ahead and secondary reserve sessions, and identifies the input variables that need to be forecasted or estimated. Results are presented for two years (2009 and 2010) of the Iberian market, and considering perfect and naïve forecast for all variables of the problem.
Keywords
electric vehicles; load forecasting; optimisation; power markets; power system economics; EV aggregation agent; bidding; electric vehicle; electrical energy selling; electricity market forecasting; optimization; Batteries; Contracts; Electricity; Electricity supply industry; Load modeling; Optimization; Aggregator; electric vehicles; electricity market; forecasting; optimization;
fLanguage
English
Journal_Title
Smart Grid, IEEE Transactions on
Publisher
ieee
ISSN
1949-3053
Type
jour
DOI
10.1109/TSG.2011.2159632
Filename
6003808
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