Title :
Impact of Electric Vehicles on energy market
Author :
Dawar, Vikas ; Lesieutre, Bernard C. ; Argonne, T.P.B.
Abstract :
Vehicle to Grid (V2G) technology has opened up a gateway for electric vehicles (EV) to participate in an ISO operated electricity market. To consider the penetration of Electric Vehicles (EV) in the market, there is a need to evaluate their revenue and impact. In this paper, we calculate the revenue that EV might generate, while participating in a regulation market. We base our calculations using a PJM type operated market structure, accounting for energy, reserves, and regulation for all our evaluations.
Keywords :
electric vehicles; power markets; PJM type; electric vehicles; energy market; vehicle to grid technology; Biological system modeling; Economics; Electric vehicles; Generators; Optimization; Schedules; Spinning;
Conference_Titel :
Power and Energy Conference at Illinois (PECI), 2011 IEEE
Conference_Location :
Champaign, IL
Print_ISBN :
978-1-4244-8051-7
Electronic_ISBN :
978-1-4244-8050-0
DOI :
10.1109/PECI.2011.5740487
