Agent based bidding architecture in electricity markets for EVs as V2G and G2V

Farhan H. Malik, Matti Lehtonen

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

2 Citations (Scopus)

Abstract

Due to the expected high penetration of intermittent renewable energy sources in power grid, such as solar and wind, the issue of matching demand and supply would become more critical. In order to address the issue, this paper investigates the potential of Electric Vehicles (EVs) for the short term power imbalances in smart grid. This paper proposes a simple bidding algorithm for energy market for EV's participation in V2G and G2V. The key finding is the initial cost of the EV battery which could make EV as a market player for maintaining short term balances.

Original languageEnglish
Title of host publicationElectric Power Engineering (EPE), 2016 17th International Scientific Conference on
PublisherIEEE
Number of pages6
ISBN (Electronic)978-1-5090-0908-4
ISBN (Print)978-1-5090-0909-1
DOIs
Publication statusPublished - 25 Jul 2016
MoE publication typeA4 Article in a conference publication
EventInternational Scientific Conference Electric Power Engineering - Prague, Czech Republic
Duration: 16 May 201618 May 2016
Conference number: 17

Conference

ConferenceInternational Scientific Conference Electric Power Engineering
Abbreviated titleEPE
CountryCzech Republic
CityPrague
Period16/05/201618/05/2016

Keywords

  • Demand Response
  • Elecric Vehicle
  • Grid-to-Vehicle
  • Intelligent Agents
  • Smart Grid
  • Vehicle-to-Grid

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  • Cite this

    Malik, F. H., & Lehtonen, M. (2016). Agent based bidding architecture in electricity markets for EVs as V2G and G2V. In Electric Power Engineering (EPE), 2016 17th International Scientific Conference on [7521728] IEEE. https://doi.org/10.1109/EPE.2016.7521728