Paper Info
Title
Decentralized participation of electric vehicles in network-constrained market operation
Abstract
This paper builds on previous work by the authors in developing a novel market mechanism enabling decentralized market participation of flexibly-charging electric vehicles (EV) and addresses the challenge of incorporating the effect of the transmission network on market operation. The formulation of the proposed Lagrangian Relaxation (LR)-based mechanism is extended to account for network capacity constraints. A LR heuristic method introducing location-specific restrictions on flexible EV demand response is developed for producing high quality market clearing solutions without extensive computational requirements. Case studies on a representative model of the UK transmission network demonstrate and quantify the conditions and the extent to which the location-specific LR heuristic improves the solution with respect to previous approaches and the economic value of flexible EV market participation in relieving network congestion.
Year
DOI
Venue
2012
10.1109/ISGTEurope.2012.6465768
Innovative Smart Grid Technologies
Keywords
DocType
ISSN
demand side management,electric vehicles,power markets,power transmission economics,LR heuristic method,LR-based mechanism,Lagrangian relaxation based mechanism,UK transmission network,decentralized market participation,flexible EV demand response,flexible EV market participation,flexibly-charging electric vehicles,high quality market clearing solutions,location-specific restrictions,network capacity constraints,network congestion,network-constrained market operation,Demand side participation,Lagrangian Relaxation,Optimal Power Flow,electric vehicles,electricity markets
Conference
2165-4816 E-ISBN : 978-1-4673-2596-7
ISBN
Citations 
PageRank 
978-1-4673-2596-7
0
0.34
References 
Authors
0
2
Name
Order
Citations
PageRank
Dimitrios Papadaskalopoulos100.34
Goran Strbac27519.95