NDLI: An Incentivized Auction-Based Group-Selling Approach for Demand Response Management in V2G Systems

Content Provider	IEEE Xplore Digital Library
Author	Ming Zeng Supeng Leng Maharjan, S. Gjessing, S. Jianhua He
Copyright Year	2005
Abstract	Vehicle-to-grid (V2G) system with efficient demand response management (DRM) is critical to solve the problem of supplying electricity by utilizing surplus electricity available at electric vehicles (EVs). An incentivized DRM approach is studied to reduce the system cost and maintain the system stability. EVs are motivated with dynamic pricing determined by the group-selling-based auction. In the proposed approach, a number of aggregators sit on the first-level auction responsible to communicate with a group of EVs. EVs as bidders consider quality of energy (QoE) requirements, and report interests and decisions on the bidding process coordinated by the associated aggregator. Auction winners are determined based on the bidding prices and the amount of electricity sold by the EV bidders. We investigate the impact of the proposed mechanism on the system performance with maximum feedback power constraints of aggregators. The designed mechanism is proven to have essential economic properties. Simulation results indicate that the proposed mechanism can reduce the system cost and offer EVs significant incentives to participate in the V2G DRM operation.
Sponsorship	IEEE Industrial Electronics Society
Starting Page	1554
Ending Page	1563
Page Count	10
File Size	1012292
File Format	PDF
ISSN	15513203
Volume Number	11
Issue Number	6
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2015-01-01
Publisher Place	U.S.A.
Access Restriction	One Nation One Subscription (ONOS)
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Games Load management Resource management Informatics Smart grids Generators Energy resources demand response management Vehicle-to-grid auction group-selling vehicle-to-grid (V2G) Auction demand response management (DRM)
Content Type	Text
Resource Type	Article
Subject	Control and Systems Engineering Information Systems Electrical and Electronic Engineering Computer Science Applications

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