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Home / Proceedings / Proceedings of the AAAI Conference on Artificial Intelligence, 29 / No.1: The Twenty-Ninth Conference on Artificial Intelligence

Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets

March 8, 2023

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Authors

Micha Kahlen

Erasmus University Rotterdam


Wolfgang Ketter

Erasmus University Rotterdam


DOI:

10.1609/aaai.v29i1.9250


Abstract:

Electric vehicles will play a crucial role in balancing the future electrical grid, which is complicated by many intermittent renewable energy sources. We developed an algorithm that determines for a fleet of electric vehicles, which EV at what price and location to commit to the operating reserve market to either absorb excess capacity or provide electricity during shortages (vehicle-2-grid). The algorithm takes the value of immobility into account by using carsharing fees as a reference point. A virtual power plant autonomously replaces cars that are committed to the operating reserves and are then rented out, with other idle cars to pool the risks of uncertainty. We validate our model with data from a free float carsharing fleet of 500 electric vehicles. An analysis of expected future developments (2015, 2018, and 2022) in operating reserve demand and battery costs yields that the gross profits for a carsharing operator increase between 7-12% with a negligible decrease in car availability (<0.01%).

Topics: AAAI

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HOW TO CITE:

Micha Kahlen|| Wolfgang Ketter Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets Proceedings of the AAAI Conference on Artificial Intelligence, 29 (2015) .

Micha Kahlen|| Wolfgang Ketter Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets AAAI 2015, .

Micha Kahlen|| Wolfgang Ketter (2015). Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets. Proceedings of the AAAI Conference on Artificial Intelligence, 29, .

Micha Kahlen|| Wolfgang Ketter. Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets. Proceedings of the AAAI Conference on Artificial Intelligence, 29 2015 p..

Micha Kahlen|| Wolfgang Ketter. 2015. Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets. "Proceedings of the AAAI Conference on Artificial Intelligence, 29". .

Micha Kahlen|| Wolfgang Ketter. (2015) "Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets", Proceedings of the AAAI Conference on Artificial Intelligence, 29, p.

Micha Kahlen|| Wolfgang Ketter, "Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets", AAAI, p., 2015.

Micha Kahlen|| Wolfgang Ketter. "Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets". Proceedings of the AAAI Conference on Artificial Intelligence, 29, 2015, p..

Micha Kahlen|| Wolfgang Ketter. "Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets". Proceedings of the AAAI Conference on Artificial Intelligence, 29, (2015): .

Micha Kahlen|| Wolfgang Ketter. Aggregating Electric Cars to Sustainable Virtual Power Plants: The Value of Flexibility in Future Electricity Markets. AAAI[Internet]. 2015[cited 2023]; .


ISSN: 2374-3468


Published by AAAI Press, Palo Alto, California USA
Copyright 2022, Association for the Advancement of
Artificial Intelligence 1900 Embarcadero Road, Suite
101, Palo Alto, California 94303 All Rights Reserved

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