Analysis of the behavior of electric vehicle charging stations with renewable generations

Lee W, Xiang L, Schober R, Wong VW (2013)


Publication Type: Conference contribution

Publication year: 2013

Pages Range: 145-150

Conference Proceedings Title: 2013 IEEE International Conference on Smart Grid Communications, SmartGridComm 2013

Event location: Vancouver CA

ISBN: 9781479915262

DOI: 10.1109/SmartGridComm.2013.6687948

Abstract

In this paper, we study the competitive interactions between electric vehicle charging stations (EVCSs) with renewable electricity generation facilities (REGFs). As electric vehicles (EVs) become more popular, there will be a competition between neighboring EVCSs to attract more EVs. Therefore, an EVCS is likely to set its electricity price by taking into account the competition with neighboring EVCSs, such that its revenue is maximized. We model the competitive interactions between EVCSs by using game theory. In this paper, we show that the game played by EVCSs is a supermodular game and there exists a unique pure Nash equilibrium for best response algorithms with arbitrary initial policy. Simulation results confirm the convergence of the game between EVCSs. The results also verify that it is beneficial for both EVs and EVCSs to have REGFs and all EVCSs will have REGFs in the long run. © 2013 IEEE.

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APA:

Lee, W., Xiang, L., Schober, R., & Wong, V.W. (2013). Analysis of the behavior of electric vehicle charging stations with renewable generations. In 2013 IEEE International Conference on Smart Grid Communications, SmartGridComm 2013 (pp. 145-150). Vancouver, CA.

MLA:

Lee, William, et al. "Analysis of the behavior of electric vehicle charging stations with renewable generations." Proceedings of the 2013 IEEE International Conference on Smart Grid Communications, SmartGridComm 2013, Vancouver 2013. 145-150.

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