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

Keywords

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

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