Bidirectional smart charging of electric vehicles considering user preferences, peer to peer energy trade, and provision of grid ancillary services

Electric vehicles (EVs) are witnessing increased utilization throughout the world as an alternative to fossil–fueled vehicles. The extensive deployment of EVs can bring challenges to the grid if not properly integrated. Such challenges, however, could be exploited as opportunities if the huge unused capacity of the battery storage in millions of EVs are utilized for ancillary services to the grid and peer–to–peer (PtP) energy trade. Given that …