Abstract

This paper presents a novel transactive energy (TE) management model for real-time coordination of plug-in electric vehicles (PEVs) in the distribution network. The proposed model employs the flexibility of PEV charging through a TE market platform to reduce the total cost, voltage unbalances, and distribution transformers’ loss of life. In the proposed TE market model, the PEV owners send the information of the required reimbursement for the response and the target level of state-of-charge at departure to the retailer. Then, the retailer runs an optimization problem to determine the scheduling of PEVs by minimizing the total cost including the cost of exchanging energy with upstream grid and payment to PEVs to use their flexibility. Besides, the model predictive control approach is used to effectively integrate the upcoming system operation conditions and dealing with system uncertainties. Moreover, linearization techniques are employed to reduce the computational complexity and improve the precision of the solutions. Finally, the proposed framework is applied to the unbalanced IEEE 33-bus distribution network, and the numerical analyses illustrate the effectiveness of the proposed model.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call