E3S Web Conf.
Volume 236, 20213rd International Conference on Energy Resources and Sustainable Development (ICERSD 2020)
|Number of page(s)||4|
|Section||New Energy Technology and Clean Energy Production and Transformation|
|Published online||09 February 2021|
Micro-market Operation Strategy Based on Two-way Bidding of Electric Vehicles and Battery Energy Storage
1 China Southern Power Grid Electric Vehicle Service Co., Ltd, 518116 Xinghe world phase III, Longgang District, Shenzhen, China
2 Chengdu HuaMod Technologies Co., Ltd, 610200 Xinglonghu Tianfu New Economic Industrial Park, Chengdu, Sichuan, China
* Corresponding author:email@example.com
To solve the problem that charging is constrained by the capacity of distribution facilities under high penetration of electric vehicles (EVs), this paper proposes to improve EV charging capacity through battery energy storage (BES) and presents the design of a locally organized market, namely micro-market, that manages the energy transactions between EVs and the BES. When the load of a distribution system approaches its limit, additional EV charging demand is met by the BES, and the price is determined in an automated two-way bidding process. This mechanism can increase EV charging capacity as well as provide an additional revenue stream for the BES in distribution systems. The presented micro-market design ensures the balance between revenue and expenditure of market participants. The organization and settlement process of the micro-market are demonstrated using an example case, and the effectiveness of the design is proved.
© The Authors, published by EDP Sciences 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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