On the Aggregation and Monetization of Flexible Loads in the Context of EV Fleets

Abstract

In this paper, we present an approach to the price-optimized charging of electric vehicles (EVs) based on energy flexibility. Fleet operators determine the minimum and the maximum power demand to charge EVs at a specific time and share this information as so-called power corridors (PCs) with an energy aggregator. The energy aggregator collects the predicted PCs from the fleet operators located in the same market area and aggregates the PCs. The energy provider periodically sends energy prices from the market to the energy aggregator, which purchases energy when its price is opportune. The energy aggregator calculates and delivers charge plans for each fleet operator involved and thus can pass along the purchase prices. The incentive design must ensure that fleet operators are better off by disclosing their flexibility data to the aggregator. This study can contribute to a new data-driven energy market communication system by providing insights on how to leverage the energy flexibility that EVs can offer to the energy system.