NDLI: Charging station selection and charging price decision for PEV: A two level game approach

Content Provider	IEEE Xplore Digital Library
Author	Jie Chen Bo Yang Hongbin Zhou Cailian Chen Xinping Guan
Copyright Year	2015
Description	Author affiliation: Dept. of Autom., Shanghai Jiao Tong Univ., Shanghai, China (Jie Chen; Bo Yang; Hongbin Zhou; Cailian Chen; Xinping Guan)
Abstract	In this paper, we consider the problem that a group of plug-in electric vehicles (PEVs) seek to maximize their payoff by selecting a proper charging station and the charging stations try to maximize their revenue by adjusting the electricity price according to the total demands they received. Since both the decisions of the charging stations and the PEVs should be made dynamically under competition environments, we propose a two-level game framework to model this issue. At the lower level, the PEVs need to adapt their strategies, i.e. the charging station selection, according to the service they can get from each charging station, and we formulate it as an evolutionary game and use replicator dynamics to model the charging station selection process. Also, we propose an algorithm to arrive at the evolutionary equilibrium. At the upper level, each charging station needs to set the electricity price appropriately to maximize its revenue according to the received total amount of electricity requirement from PEVs. We formulate a differential game to describe the competition among the charging stations and analyze the Nash equilibrium for both open-loop strategies and closed-loop strategies. Simulation results demonstrate that the proposed mechanism can gain a higher profit and faster convergence speed than static control.
Starting Page	9014
Ending Page	9019
File Size	194718
Page Count	6
File Format	PDF
ISBN	9789881563897
ISSN	19341768
DOI	10.1109/ChiCC.2015.7261065
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2015-07-28
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Technical Committee on Control Theory, Chinese Association of Automation
Subject Keyword	Sociology Games Charging stations Nash equilibrium Batteries Statistics Public transportation
Content Type	Text
Resource Type	Article

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