Blat-Belmonte, Benjamin ; Massat, Simon ; Rinderknecht, Stephan (2023)
Optimal energy purchasing and balancing services provision of a bus fleet operator.
EEEIC / I&CPS Europe. Madrid (06.-09.06.2023)
doi: 10.1109/EEEIC/ICPSEurope57605.2023.10194656
Conference or Workshop Item, Bibliographie
Abstract
The EU aims to reduce carbon emissions by increasing the use of renewable energy. However, the volatility of wind and solar power can cause issues for the power grid. Sector coupling can help to ensure grid reliability. Electric vehicles can be used for sector coupling through vehicle-to-grid technology. This requires coordination between vehicle owners, electricity producers, and grid operators. However, frequent full battery cycles accelerate aging and increase total cost of ownership. Our method optimizes the benefits of sector coupling for a bus fleet operator, considering aging mechanisms, and shows significant advantages during regular operation under the assumptions of perfect foresight regarding price development, i.e. the consistent achievement of median market prices. We investigate different scenarios for the amount of actual control energy activated and demonstrate that it is economically feasible to participate in the energy-only balancing market already for a share as low as one percent control energy of the offered capacity.
| Item Type: | Conference or Workshop Item |
|---|---|
| Erschienen: | 2023 |
| Creators: | Blat-Belmonte, Benjamin ; Massat, Simon ; Rinderknecht, Stephan |
| Type of entry: | Bibliographie |
| Title: | Optimal energy purchasing and balancing services provision of a bus fleet operator |
| Language: | English |
| Date: | 9 June 2023 |
| Place of Publication: | Piscataway, NJ |
| Publisher: | IEEE |
| Book Title: | 2023 IEEE International Conference on Environment and Electrical Engineering and 2023 IEEE Industrial and Commercial Power Systems Europe (EEEIC / I&CPS Europe) |
| Event Title: | EEEIC / I&CPS Europe |
| Event Location: | Madrid |
| Event Dates: | 06.-09.06.2023 |
| DOI: | 10.1109/EEEIC/ICPSEurope57605.2023.10194656 |
| URL / URN: | https://ieeexplore.ieee.org/document/10194656 |
| Abstract: | The EU aims to reduce carbon emissions by increasing the use of renewable energy. However, the volatility of wind and solar power can cause issues for the power grid. Sector coupling can help to ensure grid reliability. Electric vehicles can be used for sector coupling through vehicle-to-grid technology. This requires coordination between vehicle owners, electricity producers, and grid operators. However, frequent full battery cycles accelerate aging and increase total cost of ownership. Our method optimizes the benefits of sector coupling for a bus fleet operator, considering aging mechanisms, and shows significant advantages during regular operation under the assumptions of perfect foresight regarding price development, i.e. the consistent achievement of median market prices. We investigate different scenarios for the amount of actual control energy activated and demonstrate that it is economically feasible to participate in the energy-only balancing market already for a share as low as one percent control energy of the offered capacity. |
| Uncontrolled Keywords: | energy flexibility, energy system, electric vehicles, MILP, optimization, sector coupling |
| Divisions: | 16 Department of Mechanical Engineering 16 Department of Mechanical Engineering > Institute for Mechatronic Systems in Mechanical Engineering (IMS) |
| Date Deposited: | 05 Sep 2023 05:37 |
| Last Modified: | 16 Oct 2023 13:56 |
| PPN: | 511281684 |
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