Optimized Bidding of a EV Aggregation Agent in the Electricity Market
- 30 August 2011
- journal article
- research article
- Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Smart Grid
- Vol. 3 (1), 443-452
- https://doi.org/10.1109/tsg.2011.2159632
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
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