Network-Constrained transactive coordination for plug-in electric vehicles participation in real-time retail electricity markets

Saber, H ; Sharif University of Technology | 2021

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  1. Type of Document: Article
  2. DOI: 10.1109/TSTE.2020.3048390
  3. Publisher: Institute of Electrical and Electronics Engineers Inc , 2021
  4. Abstract:
  5. Uncoordinated adoption of plug-in electric vehicles (PEVs) imposes further load on the distribution network, and therefore may result in disruptive impacts on the grid. Transactive coordination of PEVs has been introduced as an effective approach to mitigate these negative consequences. This paper furthers efforts enabling PEVs to participate in a real-time retail electricity market under a transactive energy (TE) paradigm. In this regard, PEV owners will estimate their willingness to pay/accept using a user-friendly strategy and submit the estimated values to the retail market operator. Then using a network-constrained market clearing mechanism, the clearing prices, i.e., dual variables of active power balance constraints, will be calculated. Finally, these calculated clearing prices will be sent to whole PEVs and their actions have been determined. The proposed model is applied to the modified IEEE 33-bus test system combined with several low voltage feeders, and the results illustrate the effectiveness of the proposed model from viewpoints of PEV owners and utility. © 2010-2012 IEEE
  6. Keywords:
  7. Costs ; Power markets ; Vehicle-to-grid ; Active power ; Clearing price ; Effective approaches ; Low voltages ; Market clearing mechanisms ; Market operators ; Retail electricity markets ; Test systems ; Plug-in electric vehicles
  8. Source: IEEE Transactions on Sustainable Energy ; Volume 12, Issue 2 , 2021 , Pages 1439-1448 ; 19493029 (ISSN)
  9. URL: https://ieeexplore.ieee.org/document/9311700