This chapter analyzes the bidding strategy problem of an aggregator managing a set of electric vehicles. The electric vehicle aggregator determines the bidding decisions in the market that minimize the charging costs of electric vehicles and, at the same time, meets the driving requirements of electric vehicle users. The models developed in this chapter take into account the uncertainty in both market prices and driving needs using a set of scenarios, which allows formulating the problem using a stochastic programming approach. The impact of the bidding decisions of the electric vehicle aggregator on market prices is also addressed in the decision-making tool. A number of illustrative examples explain how to formulate and solve this type of problems.
Bidding Strategy of an Electric Vehicle Aggregator
Green Energy,Technology
2023-01-02
45 pages
Article/Chapter (Book)
Electronic Resource
English
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