LCS-FY2015-PP-19
Design and Evaluation of Frequency Regulation Market Using Conventional Power Plants and Electric Vehicles
Summary
Nowadays, technologies on demand response are drawing attention to secure the stability of power systems. In particular, EVs, electric vehicles, are anticipated to contribute to the load frequency control using their batteries through V2G.
In the U.S., demand-side resources such as EVs are integrated into ancillary services market to control frequency or secure reserve margin. In this paper, we proposed the design of frequency regulation market. Then we evaluated the economic value of EVs for ancillary services, and examine the potential of diffusion.