IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v16y2012i3p1508-1515.html
   My bibliography  Save this article

A review on the economic dispatch and risk management of the large-scale plug-in electric vehicles (PHEVs)-penetrated power systems

Author

Listed:
  • Peng, Minghong
  • Liu, Lian
  • Jiang, Chuanwen

Abstract

Nowadays, the deterioration of ecological environment and the ever rising gas price make green transportation our relentless pursuit. Energy-saving, low-emission even zero-emission electric vehicles (EVs) have been considered as one solution to the problem. With the rapid development of plug-in electric vehicle (PHEV) and forceful support and incentives from the government, PHEV and its supporting facilities are being gradually popularized. When randomly being connected to the power grid in large scale, PHEVs will bring new challenges to power grid in operation and management. This paper presents an overall review on historical research on power system integrated with electric vehicles and especially focuses on economic dispatch of PHEV in the electricity market. The paper also discusses the joint scheduling problem considering other renewable energy resources and risk management of PHEV-penetrated power systems.

Suggested Citation

  • Peng, Minghong & Liu, Lian & Jiang, Chuanwen, 2012. "A review on the economic dispatch and risk management of the large-scale plug-in electric vehicles (PHEVs)-penetrated power systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(3), pages 1508-1515.
    • Handle: RePEc:eee:rensus:v:16:y:2012:i:3:p:1508-1515
    DOI: 10.1016/j.rser.2011.12.009
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364032111006010
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.rser.2011.12.009?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Guille, Christophe & Gross, George, 2009. "A conceptual framework for the vehicle-to-grid (V2G) implementation," Energy Policy, Elsevier, vol. 37(11), pages 4379-4390, November.
    2. Eppstein, Margaret J. & Grover, David K. & Marshall, Jeffrey S. & Rizzo, Donna M., 2011. "An agent-based model to study market penetration of plug-in hybrid electric vehicles," Energy Policy, Elsevier, vol. 39(6), pages 3789-3802, June.
    3. Hadley, Stanton W. & Tsvetkova, Alexandra A., 2009. "Potential Impacts of Plug-in Hybrid Electric Vehicles on Regional Power Generation," The Electricity Journal, Elsevier, vol. 22(10), pages 56-68, December.
    4. Kempton, Willett & Kubo, Toru, 2000. "Electric-drive vehicles for peak power in Japan," Energy Policy, Elsevier, vol. 28(1), pages 9-18, January.
    5. Wang, Jianhui & Liu, Cong & Ton, Dan & Zhou, Yan & Kim, Jinho & Vyas, Anantray, 2011. "Impact of plug-in hybrid electric vehicles on power systems with demand response and wind power," Energy Policy, Elsevier, vol. 39(7), pages 4016-4021, July.
    6. Ekman, Claus Krog, 2011. "On the synergy between large electric vehicle fleet and high wind penetration – An analysis of the Danish case," Renewable Energy, Elsevier, vol. 36(2), pages 546-553.
    7. Boqiang, Ren & Chuanwen, Jiang, 2009. "A review on the economic dispatch and risk management considering wind power in the power market," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(8), pages 2169-2174, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Richardson, David B., 2013. "Electric vehicles and the electric grid: A review of modeling approaches, Impacts, and renewable energy integration," Renewable and Sustainable Energy Reviews, Elsevier, vol. 19(C), pages 247-254.
    2. Wei Gu & Haojun Yu & Wei Liu & Junpeng Zhu & Xiaohui Xu, 2013. "Demand Response and Economic Dispatch of Power Systems Considering Large-Scale Plug-in Hybrid Electric Vehicles/Electric Vehicles (PHEVs/EVs): A Review," Energies, MDPI, vol. 6(9), pages 1-24, August.
    3. Hota, Ashish Ranjan & Juvvanapudi, Mahesh & Bajpai, Prabodh, 2014. "Issues and solution approaches in PHEV integration to smart grid," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 217-229.
    4. Noori, Mehdi & Zhao, Yang & Onat, Nuri C. & Gardner, Stephanie & Tatari, Omer, 2016. "Light-duty electric vehicles to improve the integrity of the electricity grid through Vehicle-to-Grid technology: Analysis of regional net revenue and emissions savings," Applied Energy, Elsevier, vol. 168(C), pages 146-158.
    5. Oussama Ouramdane & Elhoussin Elbouchikhi & Yassine Amirat & Ehsan Sedgh Gooya, 2021. "Optimal Sizing and Energy Management of Microgrids with Vehicle-to-Grid Technology: A Critical Review and Future Trends," Energies, MDPI, vol. 14(14), pages 1-45, July.
    6. Zhong, Jin & He, Lina & Li, Canbing & Cao, Yijia & Wang, Jianhui & Fang, Baling & Zeng, Long & Xiao, Guoxuan, 2014. "Coordinated control for large-scale EV charging facilities and energy storage devices participating in frequency regulation," Applied Energy, Elsevier, vol. 123(C), pages 253-262.
    7. Liu, Wen & Hu, Weihao & Lund, Henrik & Chen, Zhe, 2013. "Electric vehicles and large-scale integration of wind power – The case of Inner Mongolia in China," Applied Energy, Elsevier, vol. 104(C), pages 445-456.
    8. Esteban, Miguel & Zhang, Qi & Utama, Agya & Tezuka, Tetsuo & Ishihara, Keiichi N., 2010. "Methodology to estimate the output of a dual solar-wind renewable energy system in Japan," Energy Policy, Elsevier, vol. 38(12), pages 7793-7802, December.
    9. Bellekom, Sandra & Benders, René & Pelgröm, Steef & Moll, Henk, 2012. "Electric cars and wind energy: Two problems, one solution? A study to combine wind energy and electric cars in 2020 in The Netherlands," Energy, Elsevier, vol. 45(1), pages 859-866.
    10. Schill, Wolf-Peter, 2011. "Electric Vehicles in Imperfect Electricity Markets: The case of Germany," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 39(10), pages 6178-6189.
    11. Xiaohua Zhang & Jun Xie & Zhengwei Zhu & Jianfeng Zheng & Hao Qiang & Hailong Rong, 2016. "Smart Grid Cost-Emission Unit Commitment via Co-Evolutionary Agents," Energies, MDPI, vol. 9(10), pages 1-13, October.
    12. Soares M.C. Borba, Bruno & Szklo, Alexandre & Schaeffer, Roberto, 2012. "Plug-in hybrid electric vehicles as a way to maximize the integration of variable renewable energy in power systems: The case of wind generation in northeastern Brazil," Energy, Elsevier, vol. 37(1), pages 469-481.
    13. Schill, Wolf-Peter & Gerbaulet, Clemens, 2015. "Power System Impacts of Electric Vehicles in Germany: Charging with Coal or Renewables," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 156, pages 185-196.
    14. Schücking, Maximilian & Jochem, Patrick & Fichtner, Wolf & Wollersheim, Olaf & Stella, Kevin, 2017. "Charging strategies for economic operations of electric vehicles in commercial applications," MPRA Paper 91599, University Library of Munich, Germany.
    15. Zhao, Yang & Noori, Mehdi & Tatari, Omer, 2017. "Boosting the adoption and the reliability of renewable energy sources: Mitigating the large-scale wind power intermittency through vehicle to grid technology," Energy, Elsevier, vol. 120(C), pages 608-618.
    16. Nurre, Sarah G. & Bent, Russell & Pan, Feng & Sharkey, Thomas C., 2014. "Managing operations of plug-in hybrid electric vehicle (PHEV) exchange stations for use with a smart grid," Energy Policy, Elsevier, vol. 67(C), pages 364-377.
    17. Wu, Di & Aliprantis, Dionysios C., 2013. "Modeling light-duty plug-in electric vehicles for national energy and transportation planning," Energy Policy, Elsevier, vol. 63(C), pages 419-432.
    18. Osmani, Atif & Zhang, Jun & Gonela, Vinay & Awudu, Iddrisu, 2013. "Electricity generation from renewables in the United States: Resource potential, current usage, technical status, challenges, strategies, policies, and future directions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 454-472.
    19. Taljegard, M. & Göransson, L. & Odenberger, M. & Johnsson, F., 2017. "Spacial and dynamic energy demand of the E39 highway – Implications on electrification options," Applied Energy, Elsevier, vol. 195(C), pages 681-692.
    20. Li, Canbing & Shi, Haiqing & Cao, Yijia & Wang, Jianhui & Kuang, Yonghong & Tan, Yi & Wei, Jing, 2015. "Comprehensive review of renewable energy curtailment and avoidance: A specific example in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 1067-1079.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:rensus:v:16:y:2012:i:3:p:1508-1515. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.