Biding strategy of vehicle parking for participating in energy and spinning reserve markets

2014, Volume 8, Issue 4

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Frontiers in Energy >> 2014, Volume 8, Issue 4 doi: 10.1007/s11708-014-0333-7

Biding strategy of vehicle parking for participating in energy and spinning reserve markets

1. Ilam Electrical Power Distribution Company, Ilam 69315-516, Iran.2. Faculty of Engineering, Ilam University, Ilam 69315-516,Iran.3. Department of Electrical Engineering, Ilam Branch, Islamic Azad University, Ilam 69315-516, Iran

Accepted: 2014-11-24 Available online: 2015-01-09

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Abstract

In this paper a model for suggesting a smart parking that involves a set of electric cars is presented to auction the management ability and correct parking planning in reserve spinning market, secondary energy market and grid. Parking interest under various scenarios is analyzed and its effective results are presented by a valid model. Besides, particle swarm optimization algorithm is used for calculating maximum benefit.

Keywords

vehicle-to-grid (V2G) ; spinning reserve ; energy secondary market ; smart parking

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