{"id":"https://openalex.org/W2585469998","doi":"https://doi.org/10.1109/tii.2017.2662069","title":"CVaR-Constrained Optimal Bidding of Electric Vehicle Aggregators in Day-Ahead and Real-Time Markets","display_name":"CVaR-Constrained Optimal Bidding of Electric Vehicle Aggregators in Day-Ahead and Real-Time Markets","publication_year":2017,"publication_date":"2017-02-01","ids":{"openalex":"https://openalex.org/W2585469998","doi":"https://doi.org/10.1109/tii.2017.2662069","mag":"2585469998"},"language":"en","primary_location":{"id":"doi:10.1109/tii.2017.2662069","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tii.2017.2662069","pdf_url":null,"source":{"id":"https://openalex.org/S184777250","display_name":"IEEE Transactions on Industrial Informatics","issn_l":"1551-3203","issn":["1551-3203","1941-0050"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Industrial Informatics","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5022306701","display_name":"Hongming Yang","orcid":"https://orcid.org/0000-0001-6760-5918"},"institutions":[{"id":"https://openalex.org/I56934997","display_name":"Changsha University of Science and Technology","ror":"https://ror.org/03yph8055","country_code":"CN","type":"education","lineage":["https://openalex.org/I56934997"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Hongming Yang","raw_affiliation_strings":["Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China","institution_ids":["https://openalex.org/I56934997"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5076460362","display_name":"Sanhua Zhang","orcid":null},"institutions":[{"id":"https://openalex.org/I56934997","display_name":"Changsha University of Science and Technology","ror":"https://ror.org/03yph8055","country_code":"CN","type":"education","lineage":["https://openalex.org/I56934997"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Sanhua Zhang","raw_affiliation_strings":["Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China","institution_ids":["https://openalex.org/I56934997"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5040046000","display_name":"Jing Qiu","orcid":"https://orcid.org/0000-0001-8507-0558"},"institutions":[{"id":"https://openalex.org/I4210101388","display_name":"Health Sciences and Nutrition","ror":"https://ror.org/0152bt112","country_code":"AU","type":"facility","lineage":["https://openalex.org/I1292875679","https://openalex.org/I2801453606","https://openalex.org/I4210101388","https://openalex.org/I4387156119"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Jing Qiu","raw_affiliation_strings":["Commonwealth Scientific and Industrial Research Organization, Mayfield West, NSW, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Commonwealth Scientific and Industrial Research Organization, Mayfield West, NSW, Australia","institution_ids":["https://openalex.org/I4210101388"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5030009104","display_name":"Duo Qiu","orcid":null},"institutions":[{"id":"https://openalex.org/I56934997","display_name":"Changsha University of Science and Technology","ror":"https://ror.org/03yph8055","country_code":"CN","type":"education","lineage":["https://openalex.org/I56934997"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Duo Qiu","raw_affiliation_strings":["Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China","institution_ids":["https://openalex.org/I56934997"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100870030","display_name":"Mingyong Lai","orcid":null},"institutions":[{"id":"https://openalex.org/I56934997","display_name":"Changsha University of Science and Technology","ror":"https://ror.org/03yph8055","country_code":"CN","type":"education","lineage":["https://openalex.org/I56934997"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Mingyong Lai","raw_affiliation_strings":["Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China","institution_ids":["https://openalex.org/I56934997"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5100366084","display_name":"Zhao Yang Dong","orcid":"https://orcid.org/0000-0001-9659-0858"},"institutions":[{"id":"https://openalex.org/I129604602","display_name":"The University of Sydney","ror":"https://ror.org/0384j8v12","country_code":"AU","type":"education","lineage":["https://openalex.org/I129604602"]},{"id":"https://openalex.org/I56934997","display_name":"Changsha University of Science and Technology","ror":"https://ror.org/03yph8055","country_code":"CN","type":"education","lineage":["https://openalex.org/I56934997"]}],"countries":["AU","CN"],"is_corresponding":false,"raw_author_name":"ZhaoYang Dong","raw_affiliation_strings":["Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China","School of Electrical and Information Engineering, University of Sydney, NSW, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Hunan Provincial Engineering Research Center of Electric Transportation and Smart Distribution Network, Changsha University of Science and Technology, Changsha, China","institution_ids":["https://openalex.org/I56934997"]},{"raw_affiliation_string":"School of Electrical and Information Engineering, University of Sydney, NSW, Australia","institution_ids":["https://openalex.org/I129604602"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":5.773,"has_fulltext":false,"cited_by_count":121,"citation_normalized_percentile":{"value":0.96586022,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":100},"biblio":{"volume":"13","issue":"5","first_page":"2555","last_page":"2565"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10768","display_name":"Electric Vehicles and Infrastructure","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10768","display_name":"Electric Vehicles and Infrastructure","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T12617","display_name":"Energy, Environment, and Transportation Policies","score":0.9959999918937683,"subfield":{"id":"https://openalex.org/subfields/2105","display_name":"Renewable Energy, Sustainability and the Environment"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bidding","display_name":"Bidding","score":0.8083412647247314},{"id":"https://openalex.org/keywords/cvar","display_name":"CVAR","score":0.6579941511154175},{"id":"https://openalex.org/keywords/expected-shortfall","display_name":"Expected shortfall","score":0.6495673060417175},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.5767431259155273},{"id":"https://openalex.org/keywords/arbitrage","display_name":"Arbitrage","score":0.512374758720398},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.49194738268852234},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.45731163024902344},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4465557634830475},{"id":"https://openalex.org/keywords/forward-contract","display_name":"Forward contract","score":0.43708354234695435},{"id":"https://openalex.org/keywords/news-aggregator","display_name":"News aggregator","score":0.4309608042240143},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.4287574887275696},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.4186149835586548},{"id":"https://openalex.org/keywords/market-price","display_name":"Market price","score":0.41370683908462524},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3874739408493042},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3635398745536804},{"id":"https://openalex.org/keywords/risk-management","display_name":"Risk management","score":0.24150967597961426},{"id":"https://openalex.org/keywords/futures-contract","display_name":"Futures contract","score":0.1621379852294922},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.15649297833442688},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.13827598094940186},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.10671335458755493},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.09819561243057251}],"concepts":[{"id":"https://openalex.org/C9233905","wikidata":"https://www.wikidata.org/wiki/Q3276328","display_name":"Bidding","level":2,"score":0.8083412647247314},{"id":"https://openalex.org/C2779922397","wikidata":"https://www.wikidata.org/wiki/Q5014755","display_name":"CVAR","level":4,"score":0.6579941511154175},{"id":"https://openalex.org/C5496284","wikidata":"https://www.wikidata.org/wiki/Q5420856","display_name":"Expected shortfall","level":3,"score":0.6495673060417175},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.5767431259155273},{"id":"https://openalex.org/C160623529","wikidata":"https://www.wikidata.org/wiki/Q273088","display_name":"Arbitrage","level":2,"score":0.512374758720398},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.49194738268852234},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.45731163024902344},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4465557634830475},{"id":"https://openalex.org/C38904191","wikidata":"https://www.wikidata.org/wiki/Q744762","display_name":"Forward contract","level":3,"score":0.43708354234695435},{"id":"https://openalex.org/C180505990","wikidata":"https://www.wikidata.org/wiki/Q498267","display_name":"News aggregator","level":2,"score":0.4309608042240143},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4287574887275696},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.4186149835586548},{"id":"https://openalex.org/C64112148","wikidata":"https://www.wikidata.org/wiki/Q160151","display_name":"Market price","level":2,"score":0.41370683908462524},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3874739408493042},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3635398745536804},{"id":"https://openalex.org/C32896092","wikidata":"https://www.wikidata.org/wiki/Q189447","display_name":"Risk management","level":2,"score":0.24150967597961426},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.1621379852294922},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.15649297833442688},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.13827598094940186},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.10671335458755493},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.09819561243057251},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/tii.2017.2662069","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tii.2017.2662069","pdf_url":null,"source":{"id":"https://openalex.org/S184777250","display_name":"IEEE Transactions on Industrial Informatics","issn_l":"1551-3203","issn":["1551-3203","1941-0050"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Industrial Informatics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","display_name":"Peace, Justice and strong institutions","score":0.4699999988079071}],"awards":[{"id":"https://openalex.org/G4047292021","display_name":null,"funder_award_id":"71420107027","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G6955123106","display_name":null,"funder_award_id":"91547113","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G7836420710","display_name":"\u667a\u80fd\u7535\u7f51\u73af\u5883\u4e0b\u9762\u5411\u9700\u6c42\u54cd\u5e94\u7684\u7535\u4ef7\u673a\u5236\u8bbe\u8ba1\u53ca\u5e02\u573a\u884c\u4e3a\u7814\u7a76","funder_award_id":"71331001","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W1647779468","https://openalex.org/W1985015679","https://openalex.org/W1988156359","https://openalex.org/W1993196546","https://openalex.org/W1997408294","https://openalex.org/W2009022268","https://openalex.org/W2013615215","https://openalex.org/W2024974439","https://openalex.org/W2025406696","https://openalex.org/W2025925080","https://openalex.org/W2032489938","https://openalex.org/W2045674374","https://openalex.org/W2046673941","https://openalex.org/W2058124535","https://openalex.org/W2072230340","https://openalex.org/W2075484602","https://openalex.org/W2080544073","https://openalex.org/W2113138664","https://openalex.org/W2120885393","https://openalex.org/W2128471850","https://openalex.org/W2143514150","https://openalex.org/W2153955158","https://openalex.org/W2185544366","https://openalex.org/W2279029373","https://openalex.org/W2314678619","https://openalex.org/W2323926927","https://openalex.org/W2346176107","https://openalex.org/W2426966667","https://openalex.org/W2909033383","https://openalex.org/W4229785982"],"related_works":["https://openalex.org/W4316167276","https://openalex.org/W2002736235","https://openalex.org/W2232143283","https://openalex.org/W1647779468","https://openalex.org/W48101171","https://openalex.org/W2989754218","https://openalex.org/W3124407081","https://openalex.org/W2096554740","https://openalex.org/W3096753274","https://openalex.org/W3124108412"],"abstract_inverted_index":{"An":[0],"electric":[1,9],"vehicle":[2],"aggregator":[3],"(EVA)":[4],"that":[5,124],"manages":[6],"geographically":[7],"dispersed":[8],"vehicles":[10],"offers":[11],"an":[12,26,103],"opportunity":[13],"for":[14],"the":[15,31,44,52,62,76,80,83,108,114,118,140],"demand":[16],"side":[17],"to":[18,29,60,88],"participate":[19],"in":[20,69,117,131],"electricity":[21,66,132],"markets.":[22],"This":[23],"paper":[24],"proposes":[25],"optimization":[27,98],"model":[28,56,99,126],"determine":[30],"day-ahead":[32],"inflexible":[33],"bidding":[34,38,55,84],"and":[35,49,93,147],"real-time":[36],"flexible":[37],"under":[39],"market":[40,47,137],"uncertainties.":[41],"Based":[42,112],"on":[43,113],"relationship":[45],"between":[46,82],"price":[48,73,115],"bid":[50,143],"price,":[51,144],"proposed":[53],"optimal":[54],"of":[57,65,79,142,149],"EVA":[58],"aims":[59],"minimize":[61],"conditional":[63,96,109],"expectation":[64,97,104],"purchase":[67],"cost":[68,78,146],"two":[70],"markets":[71],"considering":[72],"volatility.":[74],"Moreover,":[75],"penalty":[77],"deviation":[81],"quantities":[85],"is":[86,100,127],"included":[87],"avoid":[89],"large":[90],"power":[91],"variation":[92],"arbitrage.":[94],"The":[95],"formulated":[101],"as":[102],"minimization":[105],"problem":[106],"with":[107],"value-at-risk":[110],"constraints.":[111],"data":[116],"PJM":[119],"market,":[120],"simulation":[121],"results":[122],"verify":[123],"our":[125],"a":[128],"decision-making":[129],"tool":[130],"markets,":[133],"which":[134],"can":[135],"help":[136],"players":[138],"comprehend":[139],"variants":[141],"expected":[145],"probability":[148],"successful":[150],"bidding.":[151]},"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":9},{"year":2024,"cited_by_count":11},{"year":2023,"cited_by_count":18},{"year":2022,"cited_by_count":18},{"year":2021,"cited_by_count":20},{"year":2020,"cited_by_count":19},{"year":2019,"cited_by_count":12},{"year":2018,"cited_by_count":9},{"year":2017,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}