Title: AGC Based Market Modeling of Deregulated Power System Employing Electric Vehicles and Battery Energy Storage System
Abstract: This paper presents market-based approach towards automatic generation control for an open market environment. Two control areas consisting integrated governing strategy for electric vehicles (EV) aggregators, battery energy storage system (BESSs) and traditional conventional resources are involved in automatic generation control framework. Each unit is employed with Generation Rate Constraint and Governor Dead Band to provide an insight to the realistic power system. Also, the test system is simulated for open market scenario to check the robustness of the system under bilateral transaction with coordinated control of EV and BESS. The large-scale EV, BESS and conventional sources from each control areas participate in the pool-co market bidding process and maximize their profit by placing revised bids to the Independent System Operator (ISO). The investigation results infer that the coordinated system with dispatchable and non dispatchable units can fully integrate the advantages of EV/BESS, but also attain the proportionate between different conventional sources, which in turn increase the frequency stability and ensure effective market clearing mechanism and economic dispatch.
Publication Year: 2022
Publication Date: 2022-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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