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Title: A Real-Time Greedy-Index Dispatching Policy for using PEVs to Provide Frequency Regulation Service

Journal Article · · IEEE Transactions on Smart Grid

This paper presents a real-time, greedy-index based dispatching policy (GIDP) for dispatching plug-in electric vehicles (PEVs) to maximize the aggregator’s profit by providing frequency regulation services. A new service cost allocation mechanism is proposed to award PEVs by the amount of service they provide, compensation for delayed-charging, and reduction of battery lifetime because of battery degradation. The proposed GIDP transforms a high-dimensional optimization problem into the one-dimensional space while preserving its solution optimality. By solving the transformed problem in real time, the global optimality of the GIDP solution can be guaranteed by the mathematically proved “indexability”. In Part II of this paper, we present case studies for validating its solution optimality and comparing its performance with two other algorithms.

Research Organization:
Pacific Northwest National Lab. (PNNL), Richland, WA (United States)
Sponsoring Organization:
USDOE
DOE Contract Number:
AC05-76RL01830
OSTI ID:
1490046
Report Number(s):
PNNL-SA-119165
Journal Information:
IEEE Transactions on Smart Grid, Vol. 10, Issue 1; ISSN 1949-3053
Publisher:
IEEE
Country of Publication:
United States
Language:
English

Cited By (1)


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