Abstract
The problem of energy and reserve exchange between electric vehicles (EVs) and fast charging station (FCS) is studied using a Stackelberg game. In this game, the FCS operator, who acts as a leader, needs to set its energy and reserve prices to optimize its revenue while ensuring EV users' charging demand. On the other hand, EV users, who act as the followers, needs to decide their charging and reserve strategies to optimize a tradeoff between the benefit from battery charging and reserves provision. It is shown that the proposed game possesses a social optimal Stackelberg equilibrium, in which the FCS operator optimizes its prices and the EV users choose their equilibrium strategies. A mathematical programming with equilibrium constraints (MPEC) reformulation of the game is proposed and can be solved efficiently by commercial software packages. The reformulation enables the FCS operator and EV users to reach the equilibrium and is assessed by extensive simulations.
| Original language | English |
|---|---|
| Title of host publication | 2017 IEEE Energy Conversion Congress and Exposition, ECCE 2017 |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| Pages | 1417-1424 |
| Number of pages | 8 |
| ISBN (Electronic) | 9781509029983 |
| DOIs | |
| State | Published - 3 Nov 2017 |
| Externally published | Yes |
| Event | 9th Annual IEEE Energy Conversion Congress and Exposition, ECCE 2017 - Cincinnati, United States Duration: 1 Oct 2017 → 5 Oct 2017 |
Publication series
| Name | 2017 IEEE Energy Conversion Congress and Exposition, ECCE 2017 |
|---|---|
| Volume | 2017-January |
Conference
| Conference | 9th Annual IEEE Energy Conversion Congress and Exposition, ECCE 2017 |
|---|---|
| Country/Territory | United States |
| City | Cincinnati |
| Period | 1/10/17 → 5/10/17 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
Keywords
- Fast charging station
- Regulation reserve
- Stackelberg game
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