Academic Journal

Risk-constrained offering strategies for a large-scale price-maker electric vehicle demand aggregator

التفاصيل البيبلوغرافية
العنوان: Risk-constrained offering strategies for a large-scale price-maker electric vehicle demand aggregator
المؤلفون: Mohammad Hossein Abbasi, Mehrdad Taki, Amin Rajabi, Li Li, Jiangfeng Zhang
المصدر: IET Smart Grid (2020)
بيانات النشر: Wiley, 2020.
سنة النشر: 2020
المجموعة: LCC:Electrical engineering. Electronics. Nuclear engineering
مصطلحات موضوعية: power generation economics, genetic algorithms, pricing, linear programming, optimisation, power markets, integer programming, 24-hour market horizon, intractability, traditional mathematical algorithms, evolutionary metaheuristic algorithm, stochastic problem, mixed-integer linear programming problem, nonlinear programming problem, risk-constrained offering strategies, large-scale price-maker electric vehicle demand aggregator, electric vehicle aggregator, ev, three-settlement pool-based market, energy procurement, electricity, optimised solutions, price-maker agent, purchasing energy, price-energy bids, day-ahead market, balancing markets, Electrical engineering. Electronics. Nuclear engineering, TK1-9971
الوصف: In this study, the problem of an electric vehicle (EV) aggregator participating in a three-settlement pool-based market is presented. In addition to energy procurement, it is assumed that EVs can sell electricity back to the markets. In order to obtain optimised solutions, the aggregator is considered as a price-maker agent who tries to minimise the cost of purchasing energy from the markets by offering price-energy bids in the day-ahead market and only energy bids in both adjustment and balancing markets. Since the problem is heavily constrained by equality constraints, the number of binary variables for a 24-hour market horizon is too large which leads to intractability when solved by traditional mathematical algorithms like the interior point. Therefore, an evolutionary metaheuristic algorithm based on genetic algorithms (GAs) is proposed to deal with the intractability. In this regard, first, the stochastic problem is formulated as a mixed-integer linear programming problem, and as a non-linear programming problem to be solved by CPLEX and GA, respectively. The former is used to ensure that the GA is tuned properly, and helps to avoid converging to local extremums. Furthermore, the solutions of the two formulations are compared in simulations to demonstrate GA could be faster in obtaining better results.
نوع الوثيقة: article
وصف الملف: electronic resource
اللغة: English
تدمد: 2515-2947
Relation: https://digital-library.theiet.org/content/journals/10.1049/iet-stg.2019.0210; https://doaj.org/toc/2515-2947
DOI: 10.1049/iet-stg.2019.0210
URL الوصول: https://doaj.org/article/cc608388d4754da39f46cbbd1b6d1e02
رقم الانضمام: edsdoj.608388d4754da39f46cbbd1b6d1e02
قاعدة البيانات: Directory of Open Access Journals
الوصف
تدمد:25152947
DOI:10.1049/iet-stg.2019.0210