Agent-based electricity market simulation with plug-in hybrid electric vehicle penetration

Author

Zhou, Zhi ; Wang, Jianhui ; Botterud, Audun

Author_Institution

Argonne Nat. Lab., Argonne, IL, USA

fYear

2011

Firstpage

1

Lastpage

2

Abstract

In this paper, we simulate an electricity market with PHEV penetration by using agent-based modeling and simulation (ABMS). We model the PHEV users as agents which have unique decision making processes to plan their daily trips and determine their charging schedules. Moreover, we study the impact of different PHEV penetration levels on the power system. The electricity demand from PHEVs is supplied by the electricity market. Based on the simulation model, we observe the PHEV owners´ payment and investigate the relation to different market structures.

Keywords

decision making; hybrid electric vehicles; power markets; ABMS; PHEV penetration; agent-based electricity market simulation; agent-based modeling-simulation; charging schedules; decision making process; electricity demand; plug-in hybrid electric vehicle penetration; power system; Electricity; Hybrid electric vehicles; Load modeling; Power markets; Power systems; Agent-based Modeling and Simulation; electricity market; plug-in hybrid electrcity vehicle (PHEV);

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Society General Meeting, 2011 IEEE

Conference_Location

San Diego, CA

ISSN

1944-9925

Print_ISBN

978-1-4577-1000-1

Electronic_ISBN

1944-9925

Type

conf

DOI

10.1109/PES.2011.6039784

Filename

6039784