Trading Aggregated Flex-Offers via Flexible Orders

Flexibility of small loads, in particular from Electric Vehicles (EVs), has recently attracted a lot of interest due to their possibility of participating in the energy market and the new commercial potentials. Different from existing works, the aggregation techniques proposed in this paper produce flexible aggregated loads from EVs taking into account technical market requirements. The produced aggregated flexible loads fulfill the energy market requirements. They can be further transformed into the so-called flexible orders and be traded in the day-ahead market by a Balance Responsible Party (BRP). As a result, the BRP achieves more than 27% cost reduction in energy purchase based on 2016 real electricity prices.