Title
A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions
Author
Giraldo, J.S.
Arias, N.B.
Duque, E.M.S.
Hoogsteen, G.
Hurink, J.L.
Publication year
2022
Abstract
Compensation mechanisms are used to counterbalance the discomfort suffered by users due to quality service issues. Such mechanisms are currently used for different purposes in the electrical power and energy sector, e.g., power quality and reliability. This paper proposes a compensation mechanism using EV flexibility management of a set of charging sessions managed by a charging point operator (CPO). Users' preferences and bilateral agreements with the CPO are modelled via discrete utility functions for the energy not served. A mathematical proof of the proposed compensation mechanism is given and applied to a test scenario using historical data from an office building with a parking lot in the Netherlands. Synthetic data for 400 charging sessions was generated using multivariate elliptical copulas to capture the complex dependency structures in EV charging data. Numerical results validate the usefulness of the proposed compensation mechanism as an attractive measure both for the CPO and the users in case of energy not served. (C) 2022 IEEE.
Subject
Aggregators
Demand-side management
Electric vehicles
Flexibility management
Revenue adequacy
To reference this document use:
http://resolver.tudelft.nl/uuid:50e1ee0b-1143-4503-8c2c-9c0672cb2084
DOI
https://doi.org/10.1109/isgt-europe54678.2022.9960542
TNO identifier
980504
Publisher
IEEE Computer Society
ISBN
9781665480321
Source
IEEE PES Innovative Smart Grid Technologies Conference Europe, October (October)
Document type
conference paper