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.

Optimal Bidding Strategy for Electric Vehicle Aggregators in Electricity Markets

Due to different viewpoints, procedures, limitations, and objectives, the scheduling problem of distributed energy resources (DERs) is a very important issue in power systems. This problem can be solved by considering different frameworks. Microgrids and Virtual Power Plants (VPPs) are two famous and suitable concepts by which this problem is solved within their frameworks. Each of these two solutions has its own special significance and may be employed for different purposes. Therefore, it is necessary to assess and review papers and literature in this field. In this paper, the scheduling problem of DERs is studied from various aspects such as modeling techniques, solving methods, reliability, emission, uncertainty, stability, demand response (DR), and multi-objective standpoint in the microgrid and VPP frameworks. This review enables researchers with different points of view to look for possible applications in the area of microgrid and VPP scheduling.

A comprehensive review on microgrid and virtual power plant concepts employed for distributed energy resources scheduling in power systems

ARIMA-based decoupled time series forecasting of electric vehicle charging demand for stochastic power system operation

Peer-to-peer energy systems for connected communities: A review of recent advances and emerging challenges

Building energy use is expected to grow by more than 40% in the next 20 years. Electricity remains the largest energy source consumed by buildings, and that demand is growing. To mitigate the impact of the growing demand, strategies are needed to improve buildings' energy efficiency. In residential buildings home appliances, water, and space heating are answerable for the increase of energy use, while space heating and other miscellaneous equipment are behind the increase of energy utilization in non-residential buildings. Building energy management systems support building managers and proprietors to increase energy efficiency in modern and existing buildings, non-residential and residential buildings can benefit from building energy management system to decrease energy use. Base on the type of building, different management strategies can be used to achieve energy savings. This paper presents a review of management strategies for building energy management systems for improving energy efficiency. Different management strategies are investigated in non-residential and residential buildings. Following this, the reviewed researches are discussed in terms of the type of buildings, building systems, and management strategies. Lastly, the paper discusses future challenges for the increase of energy efficiency in building energy management system.

A review of strategies for building energy management system: Model predictive control, demand side management, optimization, and fault detect & diagnosis

Modeling nonlinear incentive-based and price-based demand response programs and implementing on real power markets

An adaptive approach for distribution system reconfiguration and charging management of plug-in electric vehicles (PEV) is presented in this study. A stochastic model predictive control is applied to stochastically, adaptively, and dynamically reconfigure the system, manage the incidental charging pattern of PEVs, and deal with the variable and uncertain power of renewable energy sources. The objective function of problem is minimizing daily operation cost of system. Herein, the geography of area is considered and the behavior of PEVs’ drivers (based on their income level) is modeled with respect to the value of incentive and their hourly distance from each charging station. It is shown that behavioral model of drivers is able to affect the optimal results of problem. The simulation results demonstrate the competence of the proposed approach for cost reduction and making the problem outputs robust with respect to prediction errors.

Mehdi Rahmani-Andebili

Papers

Modeling nonlinear incentive-based and price-based demand response programs and implementing on real power markets

An Adaptive Approach for PEVs Charging Management and Reconfiguration of Electrical Distribution System Penetrated by Renewables

Modeling of interactions between market regulations and behavior of plug-in electric vehicle aggregators in a virtual power market environment

Scheduling deferrable appliances and energy resources of a smart home applying multi-time scale stochastic model predictive control

Stochastic, adaptive, and dynamic control of energy storage systems integrated with renewable energy sources for power loss minimization