Stochastic Charging Coordination Method for Electric Vehicle (EV) Aggregator Considering Uncertainty in EV Departures
Youngwook Kim, Seongbae Kong, Sung‐Kwan Joo
Abstract
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Youngwook Kim, Seongbae Kong, Sung‐Kwan Joo
Abstract
Open-access reader
This paper presents a stochastic method for an electric vehicle (EV) aggregator to coordinate EV charging schedule considering uncertainty in EV departures.The EV aggregator is responsible for managing the charging schedule of EVs while participating in the electricity markets.The managed EV charging can provide additional revenues to the aggregator from regulation market participation and charging cost reductions to EV owners.The aggregator needs to coordinate the charging schedule considering various uncertain factors such as electricity market prices and the stochastic characteristics of EVs.In this paper, the EV charging scheduling problem incorporating uncertainty in EV departures is formulated as a stochastic optimization problem.A stochastic optimization method is used to solve the EV charging scheduling problem.Latin hypercube sampling (LHS) and a scenario-reduction method are also applied to reduce the computational efforts of the proposed method.The results of a numerical example are presented to show the effectiveness of the proposed stochastic EV charging coordination method.
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This paper presents a stochastic method for an electric vehicle (EV) aggregator to coordinate EV charging schedule considering uncertainty in EV departures.The EV aggregator is responsible for managing the charging schedule of EVs while participating in the electricity markets.The managed EV charging can provide additional revenues to the aggregator from regulation market participation and charging cost reductions to EV owners.The aggregator needs to coordinate the charging schedule considering various uncertain factors such as electricity market prices and the stochastic characteristics of EVs.In this paper, the EV charging scheduling problem incorporating uncertainty in EV departures is formulated as a stochastic optimization problem.A stochastic optimization method is used to solve the EV charging scheduling problem.Latin hypercube sampling (LHS) and a scenario-reduction method are also applied to reduce the computational efforts of the proposed method.The results of a numerical example are presented to show the effectiveness of the proposed stochastic EV charging coordination method.
Key concepts: News aggregator, Schedule, Electric vehicle, Latin hypercube sampling, Computer science, Mathematical optimization, Scheduling (production processes), Stochastic optimization