Optimization Models for EV Aggregator Participation in a Manual Reserve Market

Ricardo J. Bessa, Manuel A. Matos
2013 IEEE Transactions on Power Systems  
The charging flexibility of Electric vehicles (EV) when aggregated by a market agent creates an opportunity for selling manual reserve in the electricity market. This paper describes a new optimization algorithm for optimizing manual reserve bids. Furthermore, two operational management algorithms covering alternative gate closures (i.e., day-ahead and hour-ahead) are also described. These operational algorithms coordinate EV charging for mitigating forecast errors. A casestudy with data from
more » ... e Iberian electricity market and synthetic EV time series is used for evaluating the algorithms.
doi:10.1109/tpwrs.2012.2233222 fatcat:c4ntuqzyrrgujokrpmkhnwki3a