scholarly journals Optimal Charging of EVs in a Real Time Pricing Electricity Market

2013 ◽  
Vol 2 (2) ◽  
pp. 337-349 ◽  
Author(s):  
Sagar Mody ◽  
Thomas Steffen
2015 ◽  
Vol 6 (6) ◽  
pp. 2714-2724 ◽  
Author(s):  
Toru Namerikawa ◽  
Norio Okubo ◽  
Ryutaro Sato ◽  
Yoshihiro Okawa ◽  
Masahiro Ono

Energies ◽  
2020 ◽  
Vol 13 (19) ◽  
pp. 5154
Author(s):  
Seyedfarzad Sarfarazi ◽  
Marc Deissenroth-Uhrig ◽  
Valentin Bertsch

In decentralized energy systems, electricity generated and flexibility offered by households can be organized in the form of community energy systems. Business models, which enable this aggregation at the community level, will impact on the involved actors and the electricity market. For the case of Germany, in this paper different aggregation scenarios are analyzed from the perspective of actors and the market. The main components in these scenarios are the Community Energy Storage (CES) technology, the electricity tariff structure, and the aggregation goal. For this evaluation, a bottom-up community energy system model is presented, in which the households and retailer are the key actors. In our model, we distinguish between the households with inflexible electricity load and the flexible households that own a heat pump or Photovoltaic (PV) storage systems. By using a game-theoretic approach and modeling the interaction between the retailer and households as a Stackelberg game, a community real-time pricing structure is derived. To find the solution of the modeled Stackelberg game, a genetic algorithm is implemented. To analyze the impact of the aggregation scenarios on the electricity market, a “Market Alignment Indicator” is proposed. The results show that under the considered regulatory framework, the deployment of a CES can increase the retailer’s operational profits while improving the alignment of the community energy system with the signals from the electricity market. Depending on the aggregation goal of the retailer, the implementation of community real-time pricing could lead to a similar impact. Moreover, such a tariff structure can lead to financial benefits for flexible households.


2021 ◽  
Vol 9 ◽  
Author(s):  
Shunjiang Wang ◽  
Yuxiu Zang ◽  
Weichun Ge ◽  
Aihua Wang ◽  
Dianyang Li ◽  
...  

Compared to the step tariff, the real-time pricing (RTP) could be more stimulated for household consumers to change their electricity consumption behaviors. It can reduce the reserve capacity, peak load, and of course the electricity bill, which could achieve the purpose of saving energy. This paper proposes a coordinated optimization algorithm and data-driven RTP strategy in electricity market. First, the electricity price is divided into two parts, basic electricity price and fluctuating price. When the electricity consumption is equal to the average daily electricity consumption, the price is defined as the basic electricity price, which is the clearing electricity price. The consumer electricity data are analyzed. A random forest algorithm is adopted to predict the load data. Optimal adjustment parameters are obtained and the load fluctuation and the fluctuation of the electricity price are further quantified. Secondly, the appliances are modeled. The operation priority is established based on the preferences of customers and the Monte Carlo method is used to form the power load curve. Then, the smart energy planning unit is proposed to optimize the appliances on/off time and running time of residential electrical appliances. An incentive mechanism is used to further standardize the temporary electricity consumption. An improved multiobjective particle swarm optimization (IMOPSO) algorithm is adopted, which adopts the linear weighted evaluation function method to maximize the consumer’s social welfare while minimizing the electricity bill. The simulation proves that the stability of the power grid is improved while obtaining the best power strategy.


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