Research Article
A Review of the Progress of Electricity Price and Market Mechanism for Vehicle-grid Integration in China
@INPROCEEDINGS{10.4108/eai.8-12-2023.2344689, author={Ye Yang and Wen Wang and Jian Qin and Lili Li and Peinan Zhang and Mingcai Wang and Shuaihua Li and Peijun Li}, title={A Review of the Progress of Electricity Price and Market Mechanism for Vehicle-grid Integration in China}, proceedings={Proceedings of the 5th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2023, December 8--10, 2023, Guangzhou, China}, publisher={EAI}, proceedings_a={MSIEID}, year={2024}, month={4}, keywords={vehicle-grid integration (vgi); time-of-use (tou) tariff; electricity market; demand response; ancillary services}, doi={10.4108/eai.8-12-2023.2344689} }- Ye Yang
Wen Wang
Jian Qin
Lili Li
Peinan Zhang
Mingcai Wang
Shuaihua Li
Peijun Li
Year: 2024
A Review of the Progress of Electricity Price and Market Mechanism for Vehicle-grid Integration in China
MSIEID
EAI
DOI: 10.4108/eai.8-12-2023.2344689
Abstract
Electric vehicles (EVs) are characterized by flexibility, which could be exploited by electricity prices and market. In recent years, demonstration pilots for vehicle-grid integration (VGI) have been launched in some provinces and cities in China, which shows the technical potential of VGI. In this article, the charging time-of-use (ToU) tariff is examined in various provinces and cities in China firstly. Then, the participation of EVs in the electricity market in typical regions in China is researched. Finally, based on the analysis, outlook and suggestions are put forward to help address the growing need for VGI in China.
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