Optimal vehicle-to-grid controller for energy arbitrage and frequency regulation markets

Name: Optimal vehicle-to-grid controller for energy arbitrage and frequency regulation markets
Author: Kocer, Baki, Türkyılmaz, İsmail, Poyrazoğlu, Göktürk

İsim	Optimal vehicle-to-grid controller for energy arbitrage and frequency regulation markets
Yazar	Kocer, Baki, Türkyılmaz, İsmail, Poyrazoğlu, Göktürk
Basım Tarihi:	2021
Basım Yeri	- IEEE
Konu	Electric vehicle, Energy arbitrage, Energy markets, Frequency regulation, Vehicle-to-grid
Tür	Belge
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	2-s2.0-85119097173
Kayıt Numarası	d6e5945d-d237-415a-beb6-c47aff1107aa
Lokasyon	Electrical & Electronics Engineering
Tarih	2021
Örnek Metin	Vehicle-to-Grid (V2G) is a technology that is both beneficial for electric vehicle users and the sustainability of the world. Drivers plug their vehicles into the charging station and V2G technology provides bidirectional energy flow between the vehicle's battery and the grid. In this paper, V2G applications are implemented as optimization models that maximize the profit of the vehicle owner. There are two different applications to achieve the objective: energy arbitrage and frequency regulation. With these two methods combined along with a forecasting algorithm for electricity prices, the proposed model ensures profit maximization for the vehicle owner. MATLAB was used as the development environment along with YALMIP and CPLEX. To obtain realistic results, real-time electricity prices of Energy Exchange Istanbul (EXIST) are used throughout the study. The proposed model yields maximum profit and minimum cost.
DOI	10.1109/GPECOM52585.2021.9587714

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Optimal vehicle-to-grid controller for energy arbitrage and frequency regulation markets

Yazar Kocer, Baki, Türkyılmaz, İsmail, Poyrazoğlu, Göktürk

Basım Tarihi 2021

Basım Yeri - IEEE

Konu Electric vehicle, Energy arbitrage, Energy markets, Frequency regulation, Vehicle-to-grid

Tür Belge

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 2-s2.0-85119097173

Kayıt Numarası d6e5945d-d237-415a-beb6-c47aff1107aa

Lokasyon Electrical & Electronics Engineering

Tarih 2021

Örnek Metin Vehicle-to-Grid (V2G) is a technology that is both beneficial for electric vehicle users and the sustainability of the world. Drivers plug their vehicles into the charging station and V2G technology provides bidirectional energy flow between the vehicle's battery and the grid. In this paper, V2G applications are implemented as optimization models that maximize the profit of the vehicle owner. There are two different applications to achieve the objective: energy arbitrage and frequency regulation. With these two methods combined along with a forecasting algorithm for electricity prices, the proposed model ensures profit maximization for the vehicle owner. MATLAB was used as the development environment along with YALMIP and CPLEX. To obtain realistic results, real-time electricity prices of Energy Exchange Istanbul (EXIST) are used throughout the study. The proposed model yields maximum profit and minimum cost.

DOI 10.1109/GPECOM52585.2021.9587714