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Pricing Strategy of Electric Vehicle Aggregators Based on Locational Marginal Price to Minimize Photovoltaic (PV) Curtailment | IEEE Journals & Magazine | IEEE Xplore

Pricing Strategy of Electric Vehicle Aggregators Based on Locational Marginal Price to Minimize Photovoltaic (PV) Curtailment


This Graphical Abstract shows the structure of the EV aggregator's scheduling proposed in this paper.

Abstract:

The global climate crisis demands urgent action to mitigate global warming. Using renewable energy sources, such as solar and wind power, for electricity generation is cr...Show More

Abstract:

The global climate crisis demands urgent action to mitigate global warming. Using renewable energy sources, such as solar and wind power, for electricity generation is crucial. This shift from centralized to distributed power systems, however, brings challenges, including voltage fluctuations and renewable energy curtailment. The rapid growth of the electric vehicle (EV) industry adds complexity, increasing overall electricity demand and straining the power supply during peak charging times. This paper proposes a scheduling strategy for EV aggregators to reduce renewable energy curtailment and stabilize grid operation by strategically scheduling EV charging. Using Multi -Agent Transport Simulation (MATSim), a traffic simulation tool, EV driving data in Denver, Colorado, USA, were modeled. The EV aggregator adjusts charging fees based on locational marginal prices, encouraging EVs to charge at different stations according to pricing. Simulations on an IEEE 33-bus system with distributed energy resources and EV charging stations validate the proposed algorithm, demonstrating its effectiveness in reducing curtailment by 12.55% and stabilizing grid operation.
This Graphical Abstract shows the structure of the EV aggregator's scheduling proposed in this paper.
Published in: IEEE Access ( Volume: 13)
Page(s): 11232 - 11247
Date of Publication: 13 January 2025
Electronic ISSN: 2169-3536

Funding Agency:

Author image of Hyunwoo Song
Department of Electrical and Computer Engineering, Inha University, Incheon, South Korea
Hyunwoo Song received the B.S. and M.S. degrees in electrical engineering from Inha University, Incheon, South Korea, in 2021 and 2024, respectively. In 2023, he was a Visiting Scholar with the National Renewable Energy Laboratory (NREL), Golden, CO, USA. His research interests include microgrids, distributed energy resources, and electric vehicles.
Hyunwoo Song received the B.S. and M.S. degrees in electrical engineering from Inha University, Incheon, South Korea, in 2021 and 2024, respectively. In 2023, he was a Visiting Scholar with the National Renewable Energy Laboratory (NREL), Golden, CO, USA. His research interests include microgrids, distributed energy resources, and electric vehicles.View more
Author image of Gab-Su Seo
Power Systems Engineering Center, National Renewable Energy Laboratory, Golden, CO, USA
Gab-Su Seo (Senior Member, IEEE) received the Ph.D. degree in electrical engineering from Seoul National University, Seoul, South Korea, in 2015.
From 2016 to 2017, he was a Research Associate with Colorado Power Electronics Center, University of Colorado, Boulder, CO, USA. Since 2018, he has been with the Power Systems Engineering Center, National Renewable Energy Laboratory (NREL), Golden, CO, USA, where he is currently ...Show More
Gab-Su Seo (Senior Member, IEEE) received the Ph.D. degree in electrical engineering from Seoul National University, Seoul, South Korea, in 2015.
From 2016 to 2017, he was a Research Associate with Colorado Power Electronics Center, University of Colorado, Boulder, CO, USA. Since 2018, he has been with the Power Systems Engineering Center, National Renewable Energy Laboratory (NREL), Golden, CO, USA, where he is currently ...View more
Author image of Dongjun Won
Department of Electrical and Computer Engineering, Inha University, Incheon, South Korea
Dongjun Won (Member, IEEE) received the B.S., M.S., and Ph.D. degrees in electrical engineering from Seoul National University, Seoul, South Korea, in 1998, 2000, and 2004, respectively. He was a Postdoctoral Fellow with the APT Center, University of Washington, Seattle, and an affiliate with the Lawrence Berkeley National Laboratory, Berkeley. Currently, he is a Professor with the School of Electrical Engineering, Inha U...Show More
Dongjun Won (Member, IEEE) received the B.S., M.S., and Ph.D. degrees in electrical engineering from Seoul National University, Seoul, South Korea, in 1998, 2000, and 2004, respectively. He was a Postdoctoral Fellow with the APT Center, University of Washington, Seattle, and an affiliate with the Lawrence Berkeley National Laboratory, Berkeley. Currently, he is a Professor with the School of Electrical Engineering, Inha U...View more

Author image of Hyunwoo Song
Department of Electrical and Computer Engineering, Inha University, Incheon, South Korea
Hyunwoo Song received the B.S. and M.S. degrees in electrical engineering from Inha University, Incheon, South Korea, in 2021 and 2024, respectively. In 2023, he was a Visiting Scholar with the National Renewable Energy Laboratory (NREL), Golden, CO, USA. His research interests include microgrids, distributed energy resources, and electric vehicles.
Hyunwoo Song received the B.S. and M.S. degrees in electrical engineering from Inha University, Incheon, South Korea, in 2021 and 2024, respectively. In 2023, he was a Visiting Scholar with the National Renewable Energy Laboratory (NREL), Golden, CO, USA. His research interests include microgrids, distributed energy resources, and electric vehicles.View more
Author image of Gab-Su Seo
Power Systems Engineering Center, National Renewable Energy Laboratory, Golden, CO, USA
Gab-Su Seo (Senior Member, IEEE) received the Ph.D. degree in electrical engineering from Seoul National University, Seoul, South Korea, in 2015.
From 2016 to 2017, he was a Research Associate with Colorado Power Electronics Center, University of Colorado, Boulder, CO, USA. Since 2018, he has been with the Power Systems Engineering Center, National Renewable Energy Laboratory (NREL), Golden, CO, USA, where he is currently a Senior Electrical Engineer and leads research projects focused on power electronics and power systems applications for electric grids with high integrations of inverter-based resources. He has co-authored more than 90 IEEE journals and peer-reviewed conference papers. He co-authored the Research Roadmap on Grid-Forming Inverters (NREL, 2020). His current research interests include power electronics for renewable energy systems and microgrids and power systems engineering for grid modernization, including grid-forming inverter control and inverter-driven power systems black start for low- or zero-inertia grids to improve grid resilience and stability.
Dr. Seo is an IEEE Roadmap Working Group Chair of the International Technology Roadmap of Power Electronics for Distributed Energy Resources (ITRD)—WG3 Integration and Control of DERs. He is an Associate Editor of IEEE Transactions on Power Electronics, IEEE Journal of Emerging and Selected Topics in Power Electronics, IEEE Transactions on Industry Applications, IEEE Open Journal of Power Electronics, and Journal of Power Electronics. He is currently the Vice Chair of the IEEE Power Electronics Society Technical Committee on Sustainable Energy Systems (IEEE PELS TC5) and the IEEE PELS Denver Section. He has been listed in the World’s Top 2% Scientist by Stanford University, since 2022.
Gab-Su Seo (Senior Member, IEEE) received the Ph.D. degree in electrical engineering from Seoul National University, Seoul, South Korea, in 2015.
From 2016 to 2017, he was a Research Associate with Colorado Power Electronics Center, University of Colorado, Boulder, CO, USA. Since 2018, he has been with the Power Systems Engineering Center, National Renewable Energy Laboratory (NREL), Golden, CO, USA, where he is currently a Senior Electrical Engineer and leads research projects focused on power electronics and power systems applications for electric grids with high integrations of inverter-based resources. He has co-authored more than 90 IEEE journals and peer-reviewed conference papers. He co-authored the Research Roadmap on Grid-Forming Inverters (NREL, 2020). His current research interests include power electronics for renewable energy systems and microgrids and power systems engineering for grid modernization, including grid-forming inverter control and inverter-driven power systems black start for low- or zero-inertia grids to improve grid resilience and stability.
Dr. Seo is an IEEE Roadmap Working Group Chair of the International Technology Roadmap of Power Electronics for Distributed Energy Resources (ITRD)—WG3 Integration and Control of DERs. He is an Associate Editor of IEEE Transactions on Power Electronics, IEEE Journal of Emerging and Selected Topics in Power Electronics, IEEE Transactions on Industry Applications, IEEE Open Journal of Power Electronics, and Journal of Power Electronics. He is currently the Vice Chair of the IEEE Power Electronics Society Technical Committee on Sustainable Energy Systems (IEEE PELS TC5) and the IEEE PELS Denver Section. He has been listed in the World’s Top 2% Scientist by Stanford University, since 2022.View more
Author image of Dongjun Won
Department of Electrical and Computer Engineering, Inha University, Incheon, South Korea
Dongjun Won (Member, IEEE) received the B.S., M.S., and Ph.D. degrees in electrical engineering from Seoul National University, Seoul, South Korea, in 1998, 2000, and 2004, respectively. He was a Postdoctoral Fellow with the APT Center, University of Washington, Seattle, and an affiliate with the Lawrence Berkeley National Laboratory, Berkeley. Currently, he is a Professor with the School of Electrical Engineering, Inha University, Incheon, South Korea. His research interests include distributed energy resources, microgrids, electric vehicles, and energy storage systems.
Dongjun Won (Member, IEEE) received the B.S., M.S., and Ph.D. degrees in electrical engineering from Seoul National University, Seoul, South Korea, in 1998, 2000, and 2004, respectively. He was a Postdoctoral Fellow with the APT Center, University of Washington, Seattle, and an affiliate with the Lawrence Berkeley National Laboratory, Berkeley. Currently, he is a Professor with the School of Electrical Engineering, Inha University, Incheon, South Korea. His research interests include distributed energy resources, microgrids, electric vehicles, and energy storage systems.View more

References

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