Day-ahead market; Electric vehicle flexibility; Imbalance costs; Optimization; Smart charging; Energy Engineering and Power Technology; Renewable Energy, Sustainability and the Environment; Energy (miscellaneous)
Résumé :
[en] There has been an increase in the adoption of electric vehicles (EVs) due to growing environmental concerns,technological advancements, and supportive government policies. This rapid increase in EVs necessitates energy providers to procure sufficient power to meet the charging demands. However, uncertainties in EV usage due to variable driving patterns and charging preferences make it challenging for energy providers to predict the charging demand. To address these uncertainties,energy providers can use stochastic models and trade in multiple short-term electricity markets. Moreover,when smart charging, energy providers can use the EV flexibility to charge the vehicles during lower market price periods, reducing procurement costs. Despite these strategies, there is a time lag between trading and delivery during which users could change their EV usage patterns, leading to new user requirements during delivery. This update in the user requirements creates discrepancies between procured and updated power needs, causing imbalances. Our study analyzes whether EVs possess enough flexibility to overcome their uncertainties,satisfy user energy requirements, and reduce imbalance costs. We develop a two-step approach:1) procuring energy in the day-ahead market and 2)rescheduling across each EV to meet updated requirements.We test three rescheduling strategies across 51 scenarios, reflecting the updated user requirements.Our findings reveal that, despite uncertainties, EVs have enough flexibility to meet user needs and reduce imbalance costs, with the potential for additional revenues.
Centre de recherche :
Interdisciplinary Centre for Security, Reliability and Trust (SnT) > FINATRAX - Digital Financial Services and Cross-organizational Digital Transformations
Disciplines :
Sciences informatiques Gestion des systèmes d’information Energie
Auteur, co-auteur :
CHEMUDUPATY, Raviteja ; University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX
PAVIĆ, Ivan ; University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX
Co-auteurs externes :
no
Langue du document :
Anglais
Titre :
Electric Vehicle Scheduling Strategies to Reduce the Imbalances due to User Uncertainties
Date de publication/diffusion :
2024
Nom de la manifestation :
16th International Conference on Applied Energy (ICAE2024)
Lieu de la manifestation :
Niigata, Japon
Date de la manifestation :
01-09-2024 => 05-09-2024
Manifestation à portée :
International
Titre du périodique :
Energy Proceedings
eISSN :
2004-2965
Maison d'édition :
Scanditale AB
Volume/Tome :
49
Peer reviewed :
Peer reviewed
Focus Area :
Security, Reliability and Trust
Objectif de développement durable (ODD) :
7. Energie propre et d'un coût abordable 9. Industrie, innovation et infrastructure 11. Villes et communautés durables
FNR13342933 - Paypal-fnr Pearl Chair In Digital Financial Services, 2019 (01/01/2020-31/12/2024) - Gilbert Fridgen
Intitulé du projet de recherche :
U-AGR-8002 - Enovos Inductive - CORDY Maxime
Organisme subsidiant :
FNR - Luxembourg National Research Fund Fondation Enovos
N° du Fonds :
13342933
Subventionnement (détails) :
The authors gratefully acknowledge the Fondation Enovos under the aegis of the Fondation de Luxembourg in the frame of the philanthropic funding for the research project INDUCTIVE which is the initiator of this applied research. This research was funded in part by the Luxembourg National Research Fund (FNR) and Pay-Pal, PEARL grant reference 13342933/Gilbert Fridgen. For the purpose of open access, the author has applied a Creative Commons Attribution 4.0 International (CC BY 4.0) license to any Author Accepted Manuscript version arising from this submission.
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