IENE showcased the role of PEV Aggregators in EI/Elsevier London “Energy Systems Conference”

IENE showcased the role of PEV Aggregators in EI/Elsevier London “Energy Systems Conference”IENE took part in this year's "Energy Systems Conference 2018”, which was held on June 19-20, in London, UK and was organized by Elsevier and Energy Institute. IENE was represented by its Research Associate, Mr. Alexandros Perellis, who participated with a poster presentation on the topic of "Electric Vehicle Charging Strategies and the Role of PEV Aggregators”

IENE took part in this year's "Energy Systems Conference 2018”, which was held on June 19-20, in London, UK and was organized by Elsevier and Energy Institute. IENE was represented by its Research Associate, Mr. Alexandros Perellis, who participated with a poster presentation on the topic of "Electric Vehicle Charging Strategies and the Role of PEV Aggregators”.

The presentation by Mr. Perellis approached the charging of Plug-in Electric Vehicles (PEVs) as an integrated flexible load and highlighted the need of a central strategic planning and control of charging operations for ancillary service provision operated by Aggregators who actively participate in day-ahead, intraday and balancing electricity market.

The presence of IENE in the conference was highly relevant, as the conference panelists, namely Dermot Nolan, Chief Executive Officer of OFGEM and Anthony Froggatt, Senior Research Fellow in Energy, Environment and Resources of Catham House (UK), highlighted the need of the UK’s and global power system to adapt to the challenges induced by the transition to electric mobility. Furthermore, the work of Mr Perellis indicated the need of compensation of market entities participating in a centralized PEV charging market for providing grid stability and marginal price of electricity minimization services, and how these compensations are expected to reduce charging prices, further enhancing the EV market expansion.

The emergence of PEV charging market entities, PEV Aggregators, will be decisive for the introduction of EVs in the Motor Vehicle Market. Furthermore, in the new framework, the power system is transformed to facilitate high charging loads of 10kW to 30kW or even higher per charging operation, while securing the functionality of its components. PEV Aggregators fill an important gap in the market by making each EV a demand response unit for ancillary service provision and in some cases a Virtual Power Plant, acting as a spinning reserve to facilitate imbalances in the power market. Moreover, the research work highlighted that, in order to enhance the socioeconomic role of PEV Aggregators, it is important to actively monitor the technological evolution of EVs and evaluate cost-benefit interactions between Aggregators and other market entities; thus ensuring their incorporation to the operational framework of the PEV charging industry.

EVENTS Decarbonization Policies in South East Europe – between climate change and war Webinar IENE: Energy Security in SE Europe and the East Mediterranean 27th Annual National Energy and Development Conference IENE Workshop: Prospects for the Implementation of CCUS Technologies  in Greece and SE Europe

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PUBLICATIONS The Greek Energy Sector 2023 South East Europe Energy Outlook 2021/2022 Long-Term Gas Contracting Terms, definitions, pricing - Therory and practice More

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