Dynamic Time-of-use Discharging Price Strategy of Electric Vehicle Participating in Electricity Market Concerning Users Risk Appetite

Due to the dispatch strategy of electric vehicle (EV) is not implemented effectively in practice, the EV dynamic time-of-use (TOU) discharging price strategy which concerned the risk appetite of users is proposed in this paper. With the demand side response theory, comprehensively considering the EV users' psychology and profit risk, using the conditional value at risk (CVaR) as the users' risk metrics who participating the reserve capacity market, the optimal reserve capacity and automatic response decision model is established. And then, the day-ahead incentive EV discharging price based on the operation of both supply and demand sides in microgrid is proposed.