• Title/Summary/Keyword: EV aggregator

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Optimal Coordination of Charging and Frequency Regulation for an Electric Vehicle Aggregator Using Least Square Monte-Carlo (LSMC) with Modeling of Electricity Price Uncertainty

  • Lee, Jong-Uk;Wi, Young-Min;Kim, Youngwook;Joo, Sung-Kwan
    • Journal of Electrical Engineering and Technology
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    • v.8 no.6
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    • pp.1269-1275
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    • 2013
  • Recently, many studies have suggested that an electric vehicle (EV) is one of the means for increasing the reliability of power systems in new energy environments. EVs can make a contribution to improving reliability by providing frequency regulation in power systems in which the Vehicle-to-Grid (V2G) technology has been implemented and, if economically viable, can be helpful in increasing power system reliability. This paper presents a stochastic method for optimal coordination of charging and frequency regulation decisions for an EV aggregator using the Least Square Monte-Carlo (LSMC) with modeling of electricity price uncertainty. The LSMC can be used to assess the value of options based on electricity price uncertainty in order to simultaneously optimize the scheduling of EV charging and regulation service for the EV aggregator. The results of a numerical example show that the proposed method can significantly improve the expected profits of an EV aggregator.

Dynamic Equivalent Battery as a Metric to Evaluate the Demand Response Performance of an EV Fleet

  • Yoon, Sung Hyun;Jin, Young Gyu;Yoon, Yong Tae
    • Journal of Electrical Engineering and Technology
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    • v.13 no.6
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    • pp.2220-2226
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    • 2018
  • Electric vehicles (EVs) are significant resources for demand response (DR). Thus, it is essential for EV aggregators to quantitatively evaluate their capability for DR. In this paper, a concept of dynamic equivalent battery (DEB) is proposed as a metric for evaluating the DR performance using EVs. The DEB is the available virtual battery for DR. The capacity of DEB is determined from stochastic calculation while satisfying the charging requirements of each EV, and it varies also with time. Further, a new indicator based on the DEB and time-varying electricity prices, named as value of DEB (VoDEB), is introduced to quantify the value of DEB coupled with the electricity prices. The effectiveness of the DEB and the VoDEB as metrics for the DR performance of EVs is verified with the simulations, where the difference of charging cost reduction between direct charging and optimized bidding methods is used to express the DR performance. The simulation results show that the proposed metrics accord well with the DR performance of an EV fleet. Thus, an EV aggregator may utilize the proposed concepts of DEB and VoDEB for designing an incentive scheme to EV users, who participate in a DR program.

Optimal Scheduling of Utility Electric Vehicle Fleet Offering Ancillary Services

  • Janjic, Aleksandar;Velimirovic, Lazar Zoran
    • ETRI Journal
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    • v.37 no.2
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    • pp.273-282
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    • 2015
  • Vehicle-to-grid presents a mechanism to meet the key requirements of an electric power system, using electric vehicles (EVs) when they are parked. The most economic ancillary service is that of frequency regulation, which imposes some constraints regarding the period and duration of time the vehicles have to be connected to the grid. The majority of research explores the profitability of the aggregator, while the perspective of the EV fleet owner, in terms of their need for usage of their fleet, remains neglected. In this paper, the optimal allocation of available vehicles on a day-ahead basis using queuing theory and fuzzy multi-criteria methodology has been determined. The proposed methodology is illustrated on the daily scheduling of EVs in an electricity distribution company.