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 proceedingConference article in proceedingsScientificpeer-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 languageEnglish
    Title of host publication16th International Conference on the European Energy Market, EEM 2019
    PublisherIEEE Institute of Electrical and Electronic Engineers
    ISBN (Electronic)978-1-7281-1257-2
    DOIs
    Publication statusPublished - Sep 2019
    MoE publication typeA4 Article in a conference publication
    Event16th International Conference on the European Energy Market, EEM 2019 - Ljubljana, Slovenia
    Duration: 18 Sep 201920 Sep 2019

    Conference

    Conference16th International Conference on the European Energy Market, EEM 2019
    CountrySlovenia
    CityLjubljana
    Period18/09/1920/09/19

    Fingerprint

    Energy resources
    Electric vehicles
    Parking
    Electric power utilization
    Costs
    Industry
    Resources
    Electric vehicle
    Grid
    Demand response
    Enablers
    System management
    Owners
    Business model
    Energy
    Power system
    Ancillary services
    Revenue

    Keywords

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

    Cite this

    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 . https://doi.org/10.1109/EEM.2019.8916429
    Aro, Matti ; Maki, Kari ; Jarventausta, Pertti ; Vesa, Harri. / Sub-Aggregator as a key enabler in harnessing demand response potential of electric vehicles. 16th International Conference on the European Energy Market, EEM 2019. IEEE Institute of Electrical and Electronic Engineers , 2019.
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    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.",
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    author = "Matti Aro and Kari Maki and Pertti Jarventausta and Harri Vesa",
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    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; Vesa, Harri.

    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 proceedingConference article in proceedingsScientificpeer-review

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    Aro M, Maki K, Jarventausta P, Vesa H. 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. IEEE Institute of Electrical and Electronic Engineers . 2019. 8916429 https://doi.org/10.1109/EEM.2019.8916429