Sub-Aggregator as a key enabler in harnessing demand response potential of electric vehicles

Matti Aro; Kari Maki; Pertti Jarventausta; Harri Vesa

doi:10.1109/EEM.2019.8916429

Sub-Aggregator as a key enabler in harnessing demand response potential of electric vehicles

Matti Aro, Kari Maki, Pertti Jarventausta, Harri Vesa

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review

Abstract

The necessary balance between power consumption and production is at risk due to the diminishing amount of controllable resources in the grid. Demand response has the ability to provide the needed ancillary services for the power system management and create a new stream of revenue for the flexible resource owner. The increasing amount of electric vehicles contain a huge balancing power potential due to their ability to store the electrical energy flexibly from the grid in times of long term parking. Sub-Aggregator is an actor who possesses capabilities to monitor and control distributed energy resources. In the case of electric vehicles, Sub-Aggregator plans and coordinates the smart charging of vehicles to create additional value for all participants. This paper presents a business model for aggregating distributed energy resources in a cost-efficient manner that is based on minimum investments needed.

Original language	English
Title of host publication	16th International Conference on the European Energy Market, EEM 2019
Publisher	IEEE Institute of Electrical and Electronic Engineers
ISBN (Electronic)	978-1-7281-1257-2
DOIs	https://doi.org/10.1109/EEM.2019.8916429
Publication status	Published - Sept 2019
MoE publication type	A4 Article in a conference publication
Event	16th International Conference on the European Energy Market, EEM 2019 - Ljubljana, Slovenia Duration: 18 Sept 2019 → 20 Sept 2019

Conference

Conference	16th International Conference on the European Energy Market, EEM 2019
Country/Territory	Slovenia
City	Ljubljana
Period	18/09/19 → 20/09/19

Keywords

Aggregator Business Models
Demand Response
EV Charging
Smart Grids
Sub-Aggregator

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1109/EEM.2019.8916429

Cite this

@inproceedings{b4c22ae0d8974dbb9330ef0e9c09254f,

title = "Sub-Aggregator as a key enabler in harnessing demand response potential of electric vehicles",

abstract = "The necessary balance between power consumption and production is at risk due to the diminishing amount of controllable resources in the grid. Demand response has the ability to provide the needed ancillary services for the power system management and create a new stream of revenue for the flexible resource owner. The increasing amount of electric vehicles contain a huge balancing power potential due to their ability to store the electrical energy flexibly from the grid in times of long term parking. Sub-Aggregator is an actor who possesses capabilities to monitor and control distributed energy resources. In the case of electric vehicles, Sub-Aggregator plans and coordinates the smart charging of vehicles to create additional value for all participants. This paper presents a business model for aggregating distributed energy resources in a cost-efficient manner that is based on minimum investments needed.",

keywords = "Aggregator Business Models, Demand Response, EV Charging, Smart Grids, Sub-Aggregator",

author = "Matti Aro and Kari Maki and Pertti Jarventausta and Harri Vesa",

year = "2019",

month = sep,

doi = "10.1109/EEM.2019.8916429",

language = "English",

booktitle = "16th International Conference on the European Energy Market, EEM 2019",

publisher = "IEEE Institute of Electrical and Electronic Engineers",

address = "United States",

note = "16th International Conference on the European Energy Market, EEM 2019 ; Conference date: 18-09-2019 Through 20-09-2019",

}

Aro, M , Maki, K, Jarventausta, P & Vesa, H 2019, Sub-Aggregator as a key enabler in harnessing demand response potential of electric vehicles. in 16th International Conference on the European Energy Market, EEM 2019., 8916429, IEEE Institute of Electrical and Electronic Engineers, 16th International Conference on the European Energy Market, EEM 2019, Ljubljana, Slovenia, 18/09/19. https://doi.org/10.1109/EEM.2019.8916429

Sub-Aggregator as a key enabler in harnessing demand response potential of electric vehicles. / Aro, Matti ; Maki, Kari; Jarventausta, Pertti et al.
16th International Conference on the European Energy Market, EEM 2019. IEEE Institute of Electrical and Electronic Engineers, 2019. 8916429.

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review

TY - GEN

T1 - Sub-Aggregator as a key enabler in harnessing demand response potential of electric vehicles

AU - Aro, Matti

AU - Maki, Kari

AU - Jarventausta, Pertti

AU - Vesa, Harri

PY - 2019/9

Y1 - 2019/9

N2 - The necessary balance between power consumption and production is at risk due to the diminishing amount of controllable resources in the grid. Demand response has the ability to provide the needed ancillary services for the power system management and create a new stream of revenue for the flexible resource owner. The increasing amount of electric vehicles contain a huge balancing power potential due to their ability to store the electrical energy flexibly from the grid in times of long term parking. Sub-Aggregator is an actor who possesses capabilities to monitor and control distributed energy resources. In the case of electric vehicles, Sub-Aggregator plans and coordinates the smart charging of vehicles to create additional value for all participants. This paper presents a business model for aggregating distributed energy resources in a cost-efficient manner that is based on minimum investments needed.

AB - The necessary balance between power consumption and production is at risk due to the diminishing amount of controllable resources in the grid. Demand response has the ability to provide the needed ancillary services for the power system management and create a new stream of revenue for the flexible resource owner. The increasing amount of electric vehicles contain a huge balancing power potential due to their ability to store the electrical energy flexibly from the grid in times of long term parking. Sub-Aggregator is an actor who possesses capabilities to monitor and control distributed energy resources. In the case of electric vehicles, Sub-Aggregator plans and coordinates the smart charging of vehicles to create additional value for all participants. This paper presents a business model for aggregating distributed energy resources in a cost-efficient manner that is based on minimum investments needed.

KW - Aggregator Business Models

KW - Demand Response

KW - EV Charging

KW - Smart Grids

KW - Sub-Aggregator

UR - http://www.scopus.com/inward/record.url?scp=85076754241&partnerID=8YFLogxK

U2 - 10.1109/EEM.2019.8916429

DO - 10.1109/EEM.2019.8916429

M3 - Conference article in proceedings

AN - SCOPUS:85076754241

BT - 16th International Conference on the European Energy Market, EEM 2019

PB - IEEE Institute of Electrical and Electronic Engineers

T2 - 16th International Conference on the European Energy Market, EEM 2019

Y2 - 18 September 2019 through 20 September 2019

ER -

Sub-Aggregator as a key enabler in harnessing demand response potential of electric vehicles

Abstract

Conference

Keywords

UN SDGs

Access to Document

Other files and links

Fingerprint

Cite this