Conceptualization of Vehicle-to-Grid Contract Types and Their Formalization in Agent-Based Models
Joint Authors
Herder, Paulien
Park Lee, Esther H.
Lukszo, Zofia
Source
Issue
Vol. 2018, Issue 2018 (31 Dec. 2018), pp.1-11, 11 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2018-03-07
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Abstract EN
Fuel cell electric vehicles (FCEVs) have the potential to be used as flexible power plants in future energy systems.
To integrate FCEVs through vehicle-to-grid (V2G), agreements are needed between the FCEV owners and the actor that coordinates V2G on behalf of them, usually considered the aggregator.
In this paper, we argue that, depending on the purpose of providing V2G and the goal of the system or the aggregator, different types of contracts are needed, not currently considered in the literature.
We propose price-based, volume-based, and control-based contracts.
Using agent-based modeling and simulation we show how price-based contracts can be applied for selling V2G in the wholesale electricity market and how volume-based contracts can be used for balancing the local energy supply and demand in a microgrid.
The models can provide a base to explore strategies in the market and to improve performance in a system highly dependent on V2G.
American Psychological Association (APA)
Park Lee, Esther H.& Lukszo, Zofia& Herder, Paulien. 2018. Conceptualization of Vehicle-to-Grid Contract Types and Their Formalization in Agent-Based Models. Complexity،Vol. 2018, no. 2018, pp.1-11.
https://search.emarefa.net/detail/BIM-1133668
Modern Language Association (MLA)
Park Lee, Esther H.…[et al.]. Conceptualization of Vehicle-to-Grid Contract Types and Their Formalization in Agent-Based Models. Complexity No. 2018 (2018), pp.1-11.
https://search.emarefa.net/detail/BIM-1133668
American Medical Association (AMA)
Park Lee, Esther H.& Lukszo, Zofia& Herder, Paulien. Conceptualization of Vehicle-to-Grid Contract Types and Their Formalization in Agent-Based Models. Complexity. 2018. Vol. 2018, no. 2018, pp.1-11.
https://search.emarefa.net/detail/BIM-1133668
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1133668