The Research on System of Charging Load Aggregator Participating in Market Transaction based on Internet of Vehicles

Abstract

The electric vehicle market has gained rapid growth in various countries. Electric vehicles will be one of the largest loads in the future power grid. This paper sorts out the typical models of charging load aggregators’ participation in ancillary services, demand response, and valley drop electricity curve tracing, and formulates the trading strategies of charging load aggregators in the electricity direct trading market, ancillary service market and electricity derivatives market. And then the strategy of aggregators participating in multi market coordination is proposed. Based on the contribution of aggregators to participate in market transactions, considering the willingness of different entities to participate in charging load aggregated transactions, a reasonable game model as well as a fair and reasonable value sharing mechanism is established to achieve the transmission of market trading dividends and promote the charging load aggregators to participate in the electricity market transactions.