Electric vehicle charging and discharging scheduling considering reserve call-up service

Bing Han, Shaofeng Lu, Fei Xue, Lin Jiang

Research output: Chapter in Book or Report/Conference proceedingConference Proceedingpeer-review

3 Citations (Scopus)

Abstract

In this paper, an Electric Vehicle (EV) aggregator scheduling strategy is proposed for revenue maximization both in Day-Ahead (DA) and Real-Time (RT) markets. EV aggregator participates in energy and reserve markets to maximize revenue by coordinating charging and discharging operations of EVs based on real-Time price and reserve prices. Firstly, the economic benefits of each EV owner are considered in aggregator scheduling, i.e.To take owners economic benefits into account. Secondly, the reserve call-up service is regarded as an interrupt for aggregator scheduling in RT market. Case study shows the impact of call-for-reserve from power grids on aggregator revenue. The potential reserve call-up service issue (revenue loss due to stochastic reserve call-up) is presented and two business models for aggregator in reserve market are proposed to solve the reserve call-up service issue. It is found that the reserve callup service information availability in the real-Time market plays an important role for EV aggregator and the common one-price-one-penalty model may not suffice for the practical scheduling of EV aggregators due to the revenue loss caused by the stochastic call-up service.

Original languageEnglish
Title of host publication2017 International Smart Cities Conference, ISC2 2017
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781538625231
DOIs
Publication statusPublished - 30 Oct 2017
Event2017 International Smart Cities Conference, ISC2 2017 - Wuxi, China
Duration: 14 Sept 201717 Sept 2017

Publication series

Name2017 International Smart Cities Conference, ISC2 2017

Conference

Conference2017 International Smart Cities Conference, ISC2 2017
Country/TerritoryChina
CityWuxi
Period14/09/1717/09/17

Keywords

  • EV aggregator
  • battery degradation
  • economic benefits
  • reserve call-up service
  • reserve capacity
  • revenue

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