Conference paper
Optimal Offering Strategy of an EV Aggregator in the Frequency-Controlled Normal Operation Reserve Market
INESC Technology and Science1
Department of Electrical Engineering, Technical University of Denmark2
Center for Electric Power and Energy, Centers, Technical University of Denmark3
Energy Analytics and Markets, Center for Electric Power and Energy, Centers, Technical University of Denmark4
Distributed Energy Resources, Center for Electric Power and Energy, Centers, Technical University of Denmark5
Electric vehicles (EVs) are to play an important role in electricity markets, since their energy storage capability can be beneficial to power systems operation. Electric vehicle aggregators will consequently develop adequate offering strategies to participate in energy and reserve markets, accounting for the market rules and operational capabilities of EVs aggregators (e.g., fleet of EVs).
In this paper, we propose an offering strategy model for an EV aggregator to participate in the frequency-controlled normal operation reserve service (FCR-N) in Eastern Denmark. The aim is to maximize the expected revenue of the aggregator, accounting for potential penalties for missing the provision of both upward and downward reserves.
The methodology has been modeled and tested under the scope of the PARKER project, which considers a case study based on real data from a small fleet of electric vehicles. An important conclusion relates to the availability patterns of the EVs that significantly changes the strategical participation of the EV aggregator in the service.
| Language: | English |
|---|---|
| Publisher: | IEEE |
| Year: | 2018 |
| Pages: | 1-6 |
| Proceedings: | 15th International Conference on the European Energy MarketInternational Conference on the European Energy Market |
| ISBN: | 153861488X , 153861488x , 1538614898 , 9781538614884 and 9781538614891 |
| ISSN: | 21654093 and 21654077 |
| Types: | Conference paper |
| DOI: | 10.1109/EEM.2018.8469922 |
| ORCIDs: | Sousa, Tiago , Andersen, Peter Bach and Pinson, Pierre |
Ancillary services market Discharges (electric) Electric vehicles Optimization Partial discharges Power systems Real-time systems Stochastic processes
EV aggregator EVs aggregators FCR-N downward reserves electric vehicle aggregators electric vehicles electricity markets energy storage capability frequency-controlled normal operation reserve market frequency-controlled normal operation reserve service market rules offering strategy model operational capabilities optimal offering strategy power markets power systems operation stochastic optimization upward reserves vehicle-to-grid
