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Price based optimization for electrical vehicle charging scheduling

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

2 Scopus citations

Abstract

A price-based model to control electric vehicles is proposed to schedule the charging decision process. This approach can be used as price planner for fleet operators in indirect methods for charging management. The Electrical Vehicle aggregator has the capability to buy energy in the wholesale electricity market and sell it to its customers. The fleet operator objective is to design dynamic prices for consumers with the aim of maximizing profits. A bilevel optimization problem is posed to depict the game between the involved agents. Extensive simulations are employed to assess the model performance, comparing the solution with a fixed pricing model. It is shown that the proposed price-based scheme is the most effective in achieving load shifting and maximizing aggregator profit.

Original languageEnglish
Title of host publication2019 IEEE Vehicle Power and Propulsion Conference, VPPC 2019 - Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728112497
DOIs
StatePublished - Oct 2019
Externally publishedYes
Event2019 IEEE Vehicle Power and Propulsion Conference, VPPC 2019 - Hanoi, Viet Nam
Duration: 14 Oct 201917 Oct 2019

Publication series

Name2019 IEEE Vehicle Power and Propulsion Conference, VPPC 2019 - Proceedings

Conference

Conference2019 IEEE Vehicle Power and Propulsion Conference, VPPC 2019
Country/TerritoryViet Nam
CityHanoi
Period14/10/1917/10/19

Keywords

  • Demand response
  • Demand side management
  • EV Aggregator
  • Electric vehicles
  • Electrical Vehicle Charging
  • Stackelberg game

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