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

Woongsup Lee, Lin Xiang, Robert Schober, Vincent W.S. Wong

Research output: Chapter in Book/Report/Conference proceedingConference contribution

18 Citations (Scopus)

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.

Original languageEnglish
Title of host publication2013 IEEE International Conference on Smart Grid Communications, SmartGridComm 2013
Pages145-150
Number of pages6
DOIs
Publication statusPublished - 2013
Event2013 IEEE International Conference on Smart Grid Communications, SmartGridComm 2013 - Vancouver, BC, Canada
Duration: 2013 Oct 212013 Oct 24

Publication series

Name2013 IEEE International Conference on Smart Grid Communications, SmartGridComm 2013

Conference

Conference2013 IEEE International Conference on Smart Grid Communications, SmartGridComm 2013
Country/TerritoryCanada
CityVancouver, BC
Period13/10/2113/10/24

All Science Journal Classification (ASJC) codes

  • Hardware and Architecture

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