Mobility uncertainty influencing flexibility provision by electric vehicles: A research to the influence of uncertainty of movements of electric vehicles for providing flexibility to the transmission system operator to balance the electricity system

As the energy transition is expected to increase the number of imbalances in the following years, more flexibility is needed to mitigate these imbalances. Electric Vehicles (EV) can provide this flexibility by adjusting their charging speed. An aggregator can provide this flexibility of many EVs to the balancing markets. However, since EVs are...

Increasing the Market Value of Wind Power Using Improved Stochastic Process Modeling and Optimization: A Case Study of a Belgian Wind Power Producer

Wind Power Producers (WPP) incur a negative result through mandatory participation on the balancing market. This study analyzes the performance of multiple improved offering strategies for a WPP offering both on the day-ahead market and the balancing market. It does so on revenue, as well as its impact on the grid and electricity market as a...