Stackelberg game based energy and reserve management for a fast electric vehicle charging station

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

6 Scopus citations

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 languageEnglish
Title of host publication2017 IEEE Energy Conversion Congress and Exposition, ECCE 2017
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1417-1424
Number of pages8
ISBN (Electronic)9781509029983
DOIs
StatePublished - 3 Nov 2017
Externally publishedYes
Event9th Annual IEEE Energy Conversion Congress and Exposition, ECCE 2017 - Cincinnati, United States
Duration: 1 Oct 20175 Oct 2017

Publication series

Name2017 IEEE Energy Conversion Congress and Exposition, ECCE 2017
Volume2017-January

Conference

Conference9th Annual IEEE Energy Conversion Congress and Exposition, ECCE 2017
Country/TerritoryUnited States
CityCincinnati
Period1/10/175/10/17

Keywords

  • Fast charging station
  • Regulation reserve
  • Stackelberg game

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