Optimal Behavior of Electric Vehicle Parking Lots as Demand Response Aggregation Agents

@article{Shafiekhah2016OptimalBO,
  title={Optimal Behavior of Electric Vehicle Parking Lots as Demand Response Aggregation Agents},
  author={Miadreza Shafie‐khah and Ehsan Heydarian-Forushani and Gerardo J. Os{\'o}rio and Fabio A. S. Gil and Jamshid Aghaei and Mostafa Barani and Jo{\~a}o P. S. Catal{\~a}o},
  journal={IEEE Transactions on Smart Grid},
  year={2016},
  volume={7},
  pages={2654-2665}
}
With increasing environmental concerns, the electrification of transportation plays an outstanding role in the sustainable development. In this context, plug-in electric vehicle (PEV) and demand response have indispensable impacts on the future smart grid. Since integration of PEVs into the grid is a key element to achieve sustainable energy systems, this paper presents the optimal behavior of PEV parking lots in the energy and reserve markets. To this end, a model is developed to derive… 

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