A price-responsive dispatching strategy for Vehicle-to-Grid: An economic evaluation applied to the case of Singapore

@inproceedings{Pelzer2014APD,
  title={A price-responsive dispatching strategy for Vehicle-to-Grid: An economic evaluation applied to the case of Singapore},
  author={Dominik Pelzer and David Ciechanowicz and Heiko Aydt and Alois Knoll},
  year={2014}
}
Abstract Employing electric vehicles as short-term energy storage could improve power system stability and at the same time create a new income source for vehicle owners. In this paper, the economic viability of this concept referred to as Vehicle-to-Grid is investigated. For this purpose, a price-responsive charging and dispatching strategy built upon temporally resolved electricity market data is presented. This concept allows vehicle owners to maximize returns by restricting market… CONTINUE READING

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