Related papers: Contract Design for V2G Smart Energy Trading
Although the specific structures of electricity markets are diverse around the world, they were all conceived on the premise of predictable, controllable generation with nonnegligible marginal costs. Recent changes, specifically, the…
The increased penetration of electrical vehicles (EVs) in the distribution system creates a power system with many small moving batteries. With better charging technologies and market structures, the opportunity of using EVs for reliability…
Averting the effects of anthropogenic climate change requires a transition from fossil fuels to low-carbon technology. A way to achieve this is to decarbonize the electricity grid. However, further efforts must be made in other fields such…
Forecasting the flexibility potential of Vehicle-to-Everything (V2X) systems is important for the future of energy networks, where the integration of renewable energy sources and electric vehicles poses significant challenges. In this…
This paper presents an integrated model for bidding energy storage in day-ahead and real-time markets to maximize profits. We show that in integrated two-stage bidding, the real-time bids are independent of day-ahead settlements, while the…
An electric vehicle (EV) may be used as energy storage which allows the bi-directional electricity flow between the vehicle's battery and the electric power grid. In order to flatten the load profile of the electricity system, EV scheduling…
Agent-based solutions lend themselves well to address privacy concerns and the computational scalability needs of future distributed electric grids and end-use energy exchanges. Decentralized decision-making methods are the key to enabling…
The mitigation of climate change requires a fundamental transition of the energy system. Affordability, reliability and the reduction of greenhouse gas emissions constitute central but often conflicting targets for this energy transition.…
Peer-to-peer (P2P) electricity markets enable prosumers to minimize their costs, which has been extensively studied in recent research. However, there are several challenges with P2P trading when physical network constraints are also…
Effective energy management of electric vehicle (EV) charging stations is critical to supporting the transport sector's sustainable energy transition. This paper addresses the EV charging coordination by considering vehicle-to-vehicle (V2V)…
Recent innovations in Information and Communication Technologies (ICT) provide new opportunities and challenges for integration of distributed energy resources (DERs) into the energy supply system as active market players. By increasing…
Connected braking can reduce fatal collisions in connected and autonomous vehicles (CAVs) by using reliable, low-latency 5G New Radio (NR) links, especially NR Sidelink Vehicle-to-Everything (V2X). In rural areas, road side units are sparse…
As a critical component of modern infrastructure, data centers account for a huge amount of power consumption and greenhouse gas emission. This paper studies the electricity purchase strategy for a data center to lower its energy cost while…
The rapid increase in Electric Vehicle (EV) adoption provides a promising solution for reducing carbon emissions and fossil fuel dependency in transportation systems. However, the increasing numbers of EVs pose significant challenges to the…
Traditional smart grid energy auctions cannot directly be integrated in blockchain due to its decentralized nature. Therefore, research works are being carried out to propose efficient decentralized auctions for energy trading. Since,…
Detailed scheduling has traditionally been optimized for the reduction of makespan and manufacturing costs. However, growing awareness of environmental concerns and increasingly stringent regulations are pushing manufacturing towards…
5G Vehicle-to-Everything (V2X) is a promising technology to satisfy the increasing demands of intelligent transportation systems. Emerging V2X applications with a high level of automation impose very strict requirements on latency (less…
This paper examines the electrification of transportation as a response to environmental challenges caused by fossil fuels, exploring the potential of battery electric vehicles and hydrogen fuel cell vehicles as alternative solutions.…
With a growing share of electric vehicles (EVs) in our distribution grids, the need for smart charging becomes indispensable to minimise grid reinforcement. To circumvent the associated capacity limitations, this paper evaluates the…
This paper studies the feasibility of integrating a community energy storage (CES) system with rooftop photovoltaic (PV) power generation for demand-side management of a neighbourhood while maintaining the distribution network voltages…