Almansour, Ibrahem, Abdullah, Gerding, Enrico and Wills, Gary (2017) An Agent Trading on Behalf of V2G Drivers in a Day-Ahead Price Market. International Conference on Vehicle Technology and Intelligent Transport Systems, , Porto, Portugal. 22 - 24 Apr 2017. 7 pp . (In Press)
Abstract
Due to the limited availability of fuel resources, there is an urgent need for converting to use renewable sources efficiently. To achieve this, power consumers should participate actively in power production and consumption. Consumers nowadays can produce power and consume a portion of it locally, and then could offer the rest of the power to the grid. Vehicle-to-grid (V2G) which is one of the most effective sustainable solutions, could provide these opportunities. V2G can be defined as a situation where electric vehicles (EVs) offer electric power to the grid when parked. We developed an agent to trade on behalf of V2G users to maximize their profits in a day-ahead price market. We then ran the proposed model in three different scenarios using an optimal algorithm and compared the results of our solution to a benchmark. We show that our solution outperforms the benchmark strategy in the proposed three scenarios 49%, 51%, and 10% respectively in terms of profit.
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- Faculties (pre 2018 reorg) > Faculty of Physical Sciences and Engineering (pre 2018 reorg) > Electronics & Computer Science (pre 2018 reorg) > Agents, Interactions & Complexity (pre 2018 reorg)
Current Faculties > Faculty of Engineering and Physical Sciences > School of Electronics and Computer Science > Electronics & Computer Science (pre 2018 reorg) > Agents, Interactions & Complexity (pre 2018 reorg)
School of Electronics and Computer Science > Electronics & Computer Science (pre 2018 reorg) > Agents, Interactions & Complexity (pre 2018 reorg)
Current Faculties > Faculty of Engineering and Physical Sciences > School of Electronics and Computer Science > Agents, Interactions and Complexity > Agents, Interactions & Complexity (pre 2018 reorg)
School of Electronics and Computer Science > Agents, Interactions and Complexity > Agents, Interactions & Complexity (pre 2018 reorg) - Faculties (pre 2018 reorg) > Faculty of Physical Sciences and Engineering (pre 2018 reorg) > Electronics & Computer Science (pre 2018 reorg) > Cyber Physical Systems (pre 2018 reorg)
Current Faculties > Faculty of Engineering and Physical Sciences > School of Electronics and Computer Science > Electronics & Computer Science (pre 2018 reorg) > Cyber Physical Systems (pre 2018 reorg)
School of Electronics and Computer Science > Electronics & Computer Science (pre 2018 reorg) > Cyber Physical Systems (pre 2018 reorg)
Current Faculties > Faculty of Engineering and Physical Sciences > School of Electronics and Computer Science > Cyber Physical Systems > Cyber Physical Systems (pre 2018 reorg)
School of Electronics and Computer Science > Cyber Physical Systems > Cyber Physical Systems (pre 2018 reorg) - Faculties (pre 2018 reorg) > Faculty of Physical Sciences and Engineering (pre 2018 reorg) > Electronics & Computer Science (pre 2018 reorg)
Current Faculties > Faculty of Engineering and Physical Sciences > School of Electronics and Computer Science > Electronics & Computer Science (pre 2018 reorg)
School of Electronics and Computer Science > Electronics & Computer Science (pre 2018 reorg)
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