Creé una biblioteca basada en la versión .NET 4.6.2.
A la biblioteca, agregué el paquete EntityFramework versión 6.1.3.
Creé un modelo de la siguiente manera

using System;
using System.ComponentModel.DataAnnotations;
using System.ComponentModel.DataAnnotations.Schema;

namespace Components.Models
{
  public class Session
  {
    [DatabaseGenerated(DatabaseGeneratedOption.Identity)]
    public string Id { get; set; }

    [Key]
    [Required]
    public string Identity { get; set; }

    [Required]
    public DateTime CreatedAt { get; set; }

    [Required]
    public DateTime UpdatedAt { get; set; }
  }
} 

Y el dbcontext

using System.Configuration;
using System.Data.Entity;
using System.Data.Entity.ModelConfiguration.Conventions;
using Components.Models;

namespace Components.DataContexts
{
  public class SessionContext : DbContext
  {
    public SessionContext() : base(ConfigurationManager.ConnectionStrings["sessiondb"].ConnectionString)
    {
    }

    public DbSet<Session> Sessions { get; set; }

    protected override void OnModelCreating(DbModelBuilder modelBuilder)
    {
      modelBuilder.Conventions.Remove<PluralizingEntitySetNameConvention>();
    }

  }
}

Luego intenté habilitar la migración y lo hice a través de

PM> Enable-Migrations

declaración, recibí el mensaje de error:

Exception calling "SetData" with "2" argument(s): "Type 'Microsoft.VisualStudio.ProjectSystem.VS.Implementation.Package.Automation.OAProject' in assembly 'Microsoft.VisualStudio.ProjectSystem.VS.Implementation, Version=14.1.0.0, Culture=neutral, 
PublicKeyToken=b03f5f7f11d50a3a' is not marked as serializable."At D:\C#\IndustryCloud\packages\EntityFramework.6.1.3\tools\EntityFramework.psm1:720 char:5
+     $domain.SetData('startUpProject', $startUpProject)
+     ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    + CategoryInfo          : NotSpecified: (:) [], MethodInvocationException
    + FullyQualifiedErrorId : SerializationException

System.NullReferenceException: Object reference not set to an instance of an object.
   at System.Data.Entity.Migrations.Extensions.ProjectExtensions.GetProjectTypes(Project project, Int32 shellVersion)
   at System.Data.Entity.Migrations.Extensions.ProjectExtensions.IsWebProject(Project project)
   at System.Data.Entity.Migrations.MigrationsDomainCommand.GetFacade(String configurationTypeName, Boolean useContextWorkingDirectory)
   at System.Data.Entity.Migrations.EnableMigrationsCommand.FindContextToEnable(String contextTypeName)
   at System.Data.Entity.Migrations.EnableMigrationsCommand.<>c__DisplayClass2.<.ctor>b__0()
   at System.Data.Entity.Migrations.MigrationsDomainCommand.Execute(Action command)
Object reference not set to an instance of an object.

¿Qué estoy haciendo mal?

Actualizar Aquí la estructura, cómo se construye el proyecto

En sessiontest.cs, escribí la prueba para db.

[Test]
public void InsertARow_DbInitial_ExpectDbValue()
{

  var sn = new Session()
  {
    Identity = Random.Generate(15),
    CreatedAt = DateTime.Now,
    UpdatedAt = DateTime.Now
  };

  db.Sessions.Add(sn);
  db.SaveChanges();

}

El proyecto ComponentsTest, donde escribí la prueba unitaria, la app.config tiene el siguiente aspecto:

<?xml version="1.0" encoding="utf-8"?>
<configuration>
  <connectionStrings>
    <add connectionString="Data Source=(localdb)\MSSQLLocalDB;Initial Catalog=Session;Integrated Security=True;Connect Timeout=30;Encrypt=False;TrustServerCertificate=True;ApplicationIntent=ReadWrite;MultiSubnetFailover=False" name="sessiondb" />
  </connectionStrings>
</configuration>

Y en la propia biblioteca (Componente) la aplicación.config:

<?xml version="1.0" encoding="utf-8"?>
<configuration>

  <configSections>

    <section name="entityFramework" type="System.Data.Entity.Internal.ConfigFile.EntityFrameworkSection, EntityFramework, Version=6.0.0.0, Culture=neutral, PublicKeyToken=b77a5c561934e089" requirePermission="false" />
  <!-- For more information on Entity Framework configuration, visit http://go.microsoft.com/fwlink/?LinkID=237468 --></configSections>
  <entityFramework>
    <defaultConnectionFactory type="System.Data.Entity.Infrastructure.LocalDbConnectionFactory, EntityFramework">
      <parameters>
        <parameter value="mssqllocaldb" />
      </parameters>
    </defaultConnectionFactory>
    <providers>
      <provider invariantName="System.Data.SqlClient" type="System.Data.Entity.SqlServer.SqlProviderServices, EntityFramework.SqlServer" />
    </providers>
  </entityFramework>

  <connectionStrings>
    <add connectionString="Data Source=(localdb)\MSSQLLocalDB;Initial Catalog=Session;Integrated Security=True;Connect Timeout=30;Encrypt=False;TrustServerCertificate=True;ApplicationIntent=ReadWrite;MultiSubnetFailover=False" name="sessiondb" />
  </connectionStrings>

</configuration>