Real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach

In this paper, the aggregation of electric vehicles (EVs) and fast charging station (FCS) is modeled as a leader-followers game to provide regulation reserves for power systems. The leader of the game is FCS operator, who manages local sources and sets energy/reserve prices for EVs to increase its r...

Full description

Saved in:
Bibliographic Details
Main Authors: Zhao, Tianyang, Li, Yuanzheng, Pan, Xuewei, Wang, Peng, Zhang, Jianhua
Other Authors: School of Electrical and Electronic Engineering
Format: Article
Language:English
Published: 2020
Subjects:
Online Access:https://hdl.handle.net/10356/139788
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
id sg-ntu-dr.10356-139788
record_format dspace
spelling sg-ntu-dr.10356-1397882020-05-21T08:08:35Z Real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach Zhao, Tianyang Li, Yuanzheng Pan, Xuewei Wang, Peng Zhang, Jianhua School of Electrical and Electronic Engineering Engineering::Electrical and electronic engineering Fast Charging Station Regulation Reserve In this paper, the aggregation of electric vehicles (EVs) and fast charging station (FCS) is modeled as a leader-followers game to provide regulation reserves for power systems. The leader of the game is FCS operator, who manages local sources and sets energy/reserve prices for EVs to increase its revenue, with the consideration of uncertain renewable sources and reserves called by the independent system operator. On the other hand, EVs act as the followers to obtain a tradeoff between the benefits from energy consumption and reserves provision, by deciding their charging and reserve strategies. The proposed game is reformulated as a bi-level optimization problem, which is solved by a mathematical programming with equilibrium constraints method. Furthermore, the existence of Stackelberg equilibriums has been proved. Effectiveness of the proposed game is verified by both single-period and multiple-periods simulation study. Simulation results demonstrate that the proposed game can increase the benefits of FCS operator and EVs simultaneously, compared with the centralized management method. 2020-05-21T08:08:35Z 2020-05-21T08:08:35Z 2017 Journal Article Zhao, T., Li, Y., Pan, X., Wang, P., & Zhang, J. (2018). Real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach. IEEE Transactions on Smart Grid, 9(5), 5357-5370. doi:10.1109/TSG.2017.2687522 1949-3053 https://hdl.handle.net/10356/139788 10.1109/TSG.2017.2687522 2-s2.0-85049380412 5 9 5357 5370 en IEEE Transactions on Smart Grid © 2017 IEEE. All rights reserved.
institution Nanyang Technological University
building NTU Library
country Singapore
collection DR-NTU
language English
topic Engineering::Electrical and electronic engineering
Fast Charging Station
Regulation Reserve
spellingShingle Engineering::Electrical and electronic engineering
Fast Charging Station
Regulation Reserve
Zhao, Tianyang
Li, Yuanzheng
Pan, Xuewei
Wang, Peng
Zhang, Jianhua
Real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach
description In this paper, the aggregation of electric vehicles (EVs) and fast charging station (FCS) is modeled as a leader-followers game to provide regulation reserves for power systems. The leader of the game is FCS operator, who manages local sources and sets energy/reserve prices for EVs to increase its revenue, with the consideration of uncertain renewable sources and reserves called by the independent system operator. On the other hand, EVs act as the followers to obtain a tradeoff between the benefits from energy consumption and reserves provision, by deciding their charging and reserve strategies. The proposed game is reformulated as a bi-level optimization problem, which is solved by a mathematical programming with equilibrium constraints method. Furthermore, the existence of Stackelberg equilibriums has been proved. Effectiveness of the proposed game is verified by both single-period and multiple-periods simulation study. Simulation results demonstrate that the proposed game can increase the benefits of FCS operator and EVs simultaneously, compared with the centralized management method.
author2 School of Electrical and Electronic Engineering
author_facet School of Electrical and Electronic Engineering
Zhao, Tianyang
Li, Yuanzheng
Pan, Xuewei
Wang, Peng
Zhang, Jianhua
format Article
author Zhao, Tianyang
Li, Yuanzheng
Pan, Xuewei
Wang, Peng
Zhang, Jianhua
author_sort Zhao, Tianyang
title Real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach
title_short Real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach
title_full Real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach
title_fullStr Real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach
title_full_unstemmed Real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach
title_sort real-time optimal energy and reserve management of electric vehicle fast charging station : hierarchical game approach
publishDate 2020
url https://hdl.handle.net/10356/139788
_version_ 1681056682026729472