Peer-to-peer energy market between electric vehicles

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dc.contributor.authorÁlvaro-Hermana, Roberto
dc.contributor.authorMerino, Julia
dc.contributor.authorFraile-Ardanuy, Jesús
dc.contributor.authorCastanõ-Solis, Sandra
dc.contributor.authorJiménez, David
dc.contributor.institutionTecnalia Research & Innovation
dc.date.accessioned2024-07-24T11:52:50Z
dc.date.available2024-07-24T11:52:50Z
dc.date.issued2020-01-01
dc.descriptionPublisher Copyright: © The Institution of Engineering and Technology 2020.
dc.description.abstractElectric vehicles (EVs) are a major component of future electric grids, both for the increase in electricity demand and the flexibility they can add to the grid. Vehicle-to-grid and vehicle-to-building pilots have been tested and some have been approved by grid operators, but the EVs’ possibilities shall be further enhanced. In previous works, the authors proposed a peer-to-peer energy market between EVs that largely reduced the expenses of their costly day-charging. This chapter further expands the model by taking into account the long-term effects of the market, which reduce the impact of the electric grid prices forecast on the market. The ratio between EVs that offer energy and those that demand energy is shown to be a good indicator for the market price forecast. Almost all energy demand occurs in pairs zone-time in which the number of offering EVs is more than five times the number of demanding EVs, for which the market price is very close to the electricity price at night.en
dc.description.statusPeer reviewed
dc.format.extent32
dc.identifier.citationÁlvaro-Hermana , R , Merino , J , Fraile-Ardanuy , J , Castanõ-Solis , S & Jiménez , D 2020 , Peer-to-peer energy market between electric vehicles . in ICT for Electric Vehicle Integration with the Smart Grid . Institution of Engineering and Technology , pp. 175-206 . https://doi.org/10.1049/pbtr016e_ch7
dc.identifier.doi10.1049/pbtr016e_ch7
dc.identifier.isbn9781785617621
dc.identifier.urihttps://hdl.handle.net/11556/2232
dc.identifier.urlhttp://www.scopus.com/inward/record.url?scp=85114589793&partnerID=8YFLogxK
dc.language.isoeng
dc.publisherInstitution of Engineering and Technology
dc.relation.ispartofICT for Electric Vehicle Integration with the Smart Grid
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.subject.keywordsCostly day-charging
dc.subject.keywordsDemand energy
dc.subject.keywordsElectric grid prices forecast
dc.subject.keywordsElectric vehicle charging
dc.subject.keywordsElectric vehicles
dc.subject.keywordsElectricity demand
dc.subject.keywordsElectricity price
dc.subject.keywordsEVs
dc.subject.keywordsGrid operators
dc.subject.keywordsMarket price forecast
dc.subject.keywordsPeer-to-peer energy market
dc.subject.keywordsPower markets
dc.subject.keywordsPower system economics
dc.subject.keywordsPricing
dc.subject.keywordsVehicle-to-building pilots
dc.subject.keywordsVehicle-to-grid
dc.subject.keywordsVehicle-to-grid
dc.subject.keywordsGeneral Engineering
dc.subject.keywordsSDG 7 - Affordable and Clean Energy
dc.titlePeer-to-peer energy market between electric vehiclesen
dc.typebook part
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