Flexibility in power demand, diverse usage patterns and storage capability of plug-in electric vehicles (PEVs) grow the elasticity of residential electricity demand remarkably. This elasticity can be utilized to form the daily aggregated demand profile and or alter instantaneous demand of a system wherein a large number of residential PEVs share one electricity retailer or an aggregator. In this paper, we propose a demand response (DR) technique to manage vehicle-to-grid (V2G) enabled PEVs' electricity assignments (charging and discharging) in order to reduce the overall electricity procurement costs for a retailer bidding to a two-settlement electricity market, i.e., a day-ahead (DA) and a spot or real-time (RT) market. We show that our approach is decentralized, scalable, fast converging and does not violate users' privacy. Extensive simulations show significant overall cost savings can be achieved for a retailer bidding to an operational electricity market by using the proposed algorithm. This technique becomes more needful when the power grid accommodates a large number of intermittent energy resources wherein RT demand altering is crucial due to more likely contingencies and hence more RT price fluctuations and even occurring the so-called . Finally, such retailer could offer better deals to customers as well.
The authors in @cite_10 present a two-stage stochastic optimization approach for an electric vehicle (EV) aggregator engaging in DA and regulation markets to reduce the energy cost by optimal bidding. Nevertheless, their proposed method impose some inconvenience on the customers and the aggregator should have access to private information of the EVs, e.g., arrival time, departure time and battery capacity. The same issue exists in the proposed method in @cite_13 . In @cite_9 , the author discusses how a time-shiftable load, that may comprise of several time-shiftable subloads, can send demand bids to DA and RT markets to minimize its electricity procurement cost. Although this paper provides optimal closed-form solutions for bidding, they do not seem to be applicable for the residential sector wherein the retailer does not have detailed information about customers' preferences due to privacy concerns.
@cite_13 @cite_9 @cite_10
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This paper determines the optimal bidding strategy of an electric vehicle (EV) aggregator participating in day-ahead energy and regulation markets using stochastic optimization. Key sources of uncertainty affecting the bidding strategy are identified and incorporated in the stochastic optimization model. The aggregator portfolio optimization model should include inevitable deviations between day-ahead cleared bids and actual real-time energy purchases as well as uncertainty for the energy content of regulation signals in order to ensure profit maximization and reliable reserve provision. Energy deviations are characterized as “uninstructed” or “instructed” depending on whether or not the responsibility resides with the aggregator. Price deviations and statistical characteristics of regulation signals are also investigated. Finally, a new battery model is proposed for better approximation of the battery charging characteristic. Test results with an EV aggregator representing one thousand EVs are presented and discussed. We address the optimal bidding problem of an aggregator that manages the charging of a group of plug-in electric vehicles. The aggregator purchases energy in the day-ahead market, and offers capacity in the frequency regulation market. The charging flexibility of the fleet is expressed as a set of time-varying power and energy constraints. The impact of the aggregator's demand on day-ahead market prices is endogenously modelled by formulating the problem as a bilevel problem: The upper level represents the aggregator's cost minimisation, and the lower level represents the market clearing. We explore several settings of the regulation market, analysing the impact of restrictions that may apply on the capacity offers (e.g., symmetric bids). Moreover, we compare the options of providing regulation with unidirectional charging, and with vehicle-to-grid (V2G). We test the proposed method in a case study for Switzerland, with historical day-ahead and regulation market data, and realistic driving patterns. The vehicle electrification will have a significant impact on the power grid due to the increase in electricity consumption. It is important to perform intelligent scheduling for charging and discharging of electric vehicles (EVs). However, there are two major challenges in the scheduling problem. First, it is challenging to find the globally optimal scheduling solution which can minimize the total cost. Second, it is difficult to find a distributed scheduling scheme which can handle a large population and the random arrivals of the EVs. In this paper, we propose a globally optimal scheduling scheme and a locally optimal scheduling scheme for EV charging and discharging. We first formulate a global scheduling optimization problem, in which the charging powers are optimized to minimize the total cost of all EVs which perform charging and discharging during the day. The globally optimal solution provides the globally minimal total cost. However, the globally optimal scheduling scheme is impractical since it requires the information on the future base loads and the arrival times and the charging periods of the EVs that will arrive in the future time of the day. To develop a practical scheduling scheme, we then formulate a local scheduling optimization problem, which aims to minimize the total cost of the EVs in the current ongoing EV set in the local group. The locally optimal scheduling scheme is not only scalable to a large EV population but also resilient to the dynamic EV arrivals. Through simulations, we demonstrate that the locally optimal scheduling scheme can achieve a close performance compared to the globally optimal scheduling scheme. While electric vehicles (EVs) are expected to provide environmental and economical benefit, judicious coordination of EV charging is necessary to prevent overloading of the distribution grid. Leveraging the smart grid infrastructure, the utility company can adjust the electricity price intelligently for individual customers to elicit desirable load curves. In this context, this paper addresses the problem of predicting the EV charging behavior of the consumers at different prices, which is a prerequisite for optimal price adjustment. The dependencies on price responsiveness among consumers are captured by a conditional random field (CRF) model. To account for temporal dynamics potentially in a strategic setting, the framework of online convex optimization is adopted to develop an efficient online algorithm for tracking the CRF parameters. The proposed model is then used as an input to a stochastic profit maximization module for real-time price setting. Numerical tests using simulated and semi-real data verify the effectiveness of the proposed approach.