Journal
WORLD ELECTRIC VEHICLE JOURNAL
Volume 12, Issue 4, Pages -Publisher
MDPI
DOI: 10.3390/wevj12040242
Keywords
EV (electric vehicle); reserve capacity market; aggregator; price policy
Funding
- Science and technology project of State Grid Corporation of China [5418-202071490A-0-0-00]
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Through experimentation, this paper shows that electric vehicles can participate in the wholesale capacity market through aggregators and achieve a win-win commercialization model by implementing smart pricing policies. Both electric vehicle owners and utilities can benefit from this process.
This paper investigates the win-win commercialization mode of aggregating electric vehicles (EVs) in demand side for ancillary service. We have conducted a half-year-long incentive verification experiment covering 10,066 electric vehicle owners in Beijing. Based on the experimental results, we develop an incentive-based mechanism that enables electric vehicles to participate the wholesale capacity market through an aggregator. The aggregator, which is held by charging service operators can make a profit by designing a smart pricing policy. In this process, not only the electric vehicle owners but also the utility can gain benefits.
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