Optimum day-ahead bidding profiles of electrical vehicle charging stations in FCR markets

Poria Astero*, Corentin Evens

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

14 Citations (Scopus)

Abstract

This research developed an application for electrical vehicles charging stations (EVCS) to estimate the optimum day-ahead bidding profiles in frequency containment reserves (FCR) markets and this paper presents the chastic methodology behind this application. To achieve this, first, deterministic models are developed to culate the maximum FCR that could be provided by each charging event (cycle) of an electric vehicle (EV). models are established based on the technical requirements of FCR in the Nordic flexibility market, namely frequency containment reserve for normal operation (FCR-N) and frequency containment reserve for turbances (FCR-D). In the next step, these deterministic models will be combined with historical data of charging records in EVCS to calculate the probability density functions of the FCR profiles. Finally, the proposed cation estimates the optimum FCR profiles, which maximise the expected profit of EVCS from participating day-ahead flexibility market, by performing a stochastic optimisation. The performance of the proposed cation is evaluated by using empirical charging data of public EVCS in Helsinki area.

Original languageEnglish
Article number106667
Number of pages8
JournalElectric Power Systems Research
Volume190
DOIs
Publication statusPublished - Jan 2021
MoE publication typeA1 Journal article-refereed

Keywords

  • Ancillary service
  • Electrical vehicle charging stations
  • Frequency containment reserves markets

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