Aggregate Electric Vehicles in Demand Side for Ancillary Service

Abstract

This paper investigates the win-win commercialization mode of aggregating electric vehicles (EVs) in demand side for ancillary service. We have conducted a half-year-long incentive verification experiment covering 10,066 electric vehicle owners in Beijing. Based on the experimental results, we develop an incentive-based mechanism that enables electric vehicles to participate the wholesale capacity market through an aggregator. The aggregator, which is held by charging service operators can make a profit by designing a smart pricing policy. In this process, not only the electric vehicle owners but also the utility can gain benefits.