By Topic

Optimum retailer operation considering parking lots participation in electricity market

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

3 Author(s)
Forushani, E.H. ; Dept. of Electr. & Comput. Eng., Tarbiat Modares Univ., Tehran, Iran ; Arasteh, H.R. ; Moghaddam, M.P.

Concern about environmental issues and increasing fossil fuel prices are the main drivers of moving toward electric transportation. Electric vehicles are the main components of smart grid that enables active participation of all market players and helps to more competitive market. Retailer, as a market player, should predict the customer demands and spot price of wholesale market in different time intervals and supply customer loads in order to maximise its profit. This paper has assumed that retailer could purchase electricity from both wholesale market and parking lots according to agreement contract prices in order to get maximum profit. Finally, the amount of power that retailer would purchase from wholesale market and parking lots during each hour is determined.

Published in:

Smart Grids (ICSG), 2012 2nd Iranian Conference on

Date of Conference:

24-25 May 2012