EV Aggregators and Energy Storage Units Scheduling into Ancillary Services Markets: The Concept and Recommended Practice

EV Aggregators and Energy Storage Units Scheduling into Ancillary Services Markets: The Concept and Recommended Practice

In this paper, optimization of Electric Vehicle (EV) batteries and dedicated energy storage unit charging profiles were conducted for the sake of bidding into day-ahead ancillary service markets. The aim of the optimization is to provide the maximum operational profits for both the EV aggregator and...

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Bibliographic Details
Main Authors: Abdelrahman Aldik, Tamer Khatib
Format: Article
Language:English
Published: MDPI AG 2019-12-01
Series:World Electric Vehicle Journal
Subjects:
ev aggregators
electricity markets
ancillary services
Online Access:https://www.mdpi.com/2032-6653/11/1/8
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spelling doaj-b405f09a8bb2468399529bd4941101512020-11-25T01:54:14ZengMDPI AGWorld Electric Vehicle Journal2032-66532019-12-01111810.3390/wevj11010008wevj11010008EV Aggregators and Energy Storage Units Scheduling into Ancillary Services Markets: The Concept and Recommended PracticeAbdelrahman Aldik0Tamer Khatib1Department of Electrical Engineering, King Fahd University of Petroleum & Minerals, Dhahran 31261, Saudi ArabiaDepartment of Energy Engineering, An-Najah National University, Nablus 97300, PalestineIn this paper, optimization of Electric Vehicle (EV) batteries and dedicated energy storage unit charging profiles were conducted for the sake of bidding into day-ahead ancillary service markets. The aim of the optimization is to provide the maximum operational profits for both the EV aggregator and dedicated energy storage unit administrator. Ancillary service algorithms were then introduced to simulate the response of the EV batteries and dedicated energy storage units. Results showed that the usage of dedicated energy storage units for bidding into the ancillary services markets is more profitable than the case of operating an EV aggregator.https://www.mdpi.com/2032-6653/11/1/8ev aggregatorselectricity marketsancillary services
collection DOAJ
language English
format Article
sources DOAJ
author Abdelrahman Aldik
Tamer Khatib
spellingShingle Abdelrahman Aldik
Tamer Khatib
EV Aggregators and Energy Storage Units Scheduling into Ancillary Services Markets: The Concept and Recommended Practice
World Electric Vehicle Journal
ev aggregators
electricity markets
ancillary services
author_facet Abdelrahman Aldik
Tamer Khatib
author_sort Abdelrahman Aldik
title EV Aggregators and Energy Storage Units Scheduling into Ancillary Services Markets: The Concept and Recommended Practice
title_short EV Aggregators and Energy Storage Units Scheduling into Ancillary Services Markets: The Concept and Recommended Practice
title_full EV Aggregators and Energy Storage Units Scheduling into Ancillary Services Markets: The Concept and Recommended Practice
title_fullStr EV Aggregators and Energy Storage Units Scheduling into Ancillary Services Markets: The Concept and Recommended Practice
title_full_unstemmed EV Aggregators and Energy Storage Units Scheduling into Ancillary Services Markets: The Concept and Recommended Practice
title_sort ev aggregators and energy storage units scheduling into ancillary services markets: the concept and recommended practice
publisher MDPI AG
series World Electric Vehicle Journal
issn 2032-6653
publishDate 2019-12-01
description In this paper, optimization of Electric Vehicle (EV) batteries and dedicated energy storage unit charging profiles were conducted for the sake of bidding into day-ahead ancillary service markets. The aim of the optimization is to provide the maximum operational profits for both the EV aggregator and dedicated energy storage unit administrator. Ancillary service algorithms were then introduced to simulate the response of the EV batteries and dedicated energy storage units. Results showed that the usage of dedicated energy storage units for bidding into the ancillary services markets is more profitable than the case of operating an EV aggregator.
topic ev aggregators
electricity markets
ancillary services
url https://www.mdpi.com/2032-6653/11/1/8
work_keys_str_mv AT abdelrahmanaldik evaggregatorsandenergystorageunitsschedulingintoancillaryservicesmarketstheconceptandrecommendedpractice
AT tamerkhatib evaggregatorsandenergystorageunitsschedulingintoancillaryservicesmarketstheconceptandrecommendedpractice
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