Designing a transactive electric vehicle agent with customer’s participation preference

Singhal, Ankit; Hanif, Sarmad; Bhattarai, Bishnu P.; dos Reis, Fernando Bereta; Reeve, Hayden M.; Pratt, Robert G.

doi:10.1016/j.ijepes.2023.109147

Designing a transactive electric vehicle agent with customer’s participation preference

Journal Article · Mon Apr 24 00:00:00 EDT 2023 · International Journal of Electrical Power and Energy Systems

DOI:https://doi.org/10.1016/j.ijepes.2023.109147· OSTI ID:1973017

^[1]; Hanif, Sarmad ^[2]; Bhattarai, Bishnu P. ^[3]; dos Reis, Fernando Bereta ^[2]; Reeve, Hayden M. ^[2]; Pratt, Robert G. ^[2]

Indian Inst. of Technology (IIT), Delhi (India)
Pacific Northwest National Lab. (PNNL), Richland, WA (United States)
US Department of Energy (USDOE), Washington DC (United States)

The proliferation of electric vehicles (EVs) and their inherent flexibility in charging timings make them an asset to improve grid performance. In contrast to direct control by a utility or autonomous price-based charging, the transactive control framework not only provides benefits to both grid and customers but also ensures customer autonomy. In this work, we design a transactive electric vehicle (TEV) agent that incorporates the EV owner’s willingness to trade-off between savings and amenity in form of a slider, where the EV owner’s amenity is characterized as vehicle readiness. Further, a privacy-preserving bidding formulation is proposed that also represents the customer’s transactive preference. A transactive market mechanism is discussed that integrates the TEV Agents into the local retail market and reconciles with the current day-ahead and real-time market structure. It is demonstrated that the proposed slider is able to provide a preferred trade-off between savings and amenity to individual customers. At the same time, the market mechanism is shown to successfully reduce both peak prices and peak demand. A comparative investigation of V1G and V2G technologies with respect to the battery prices is also discussed. It reveals that the V2G does not offer significant additional benefits with current battery prices, but could be promising if battery costs decline in the future.

View Accepted Manuscript (DOE)

Research Organization:: Pacific Northwest National Laboratory (PNNL), Richland, WA (United States)

Sponsoring Organization:: USDOE; USDOE Office of Electricity (OE), Advanced Grid Research & Development

Grant/Contract Number:: AC05-76RL01830

OSTI ID:: 1973017

Alternate ID(s):: OSTI ID: 1971703

Report Number(s):: PNNL-SA-168418

Journal Information:: International Journal of Electrical Power and Energy Systems, Journal Name: International Journal of Electrical Power and Energy Systems Vol. 151; ISSN 0142-0615

Publisher:: ElsevierCopyright Statement

Country of Publication:: United States

Language:: English

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