Analyzing the effect of various PEV owner's charging tariffs on PEV PL's market equilibrium

Nilufar Neyestani; Maziar Yazdani Damavandi; João P.S. Catalão

doi:10.1109/EUROCON.2015.7313763

Analyzing the effect of various PEV owner's charging tariffs on PEV PL's market equilibrium

Nilufar Neyestani, Maziar Yazdani Damavandi, João P.S. Catalão

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

1 Citation (Scopus)

Abstract

In this paper, an innovative bi-level model is developed for the interactions of the plug-in electric vehicle (PEV) parking lot (PL) with the upstream markets through an aggregator in the system. The preferences of the PEVs on using the PL are also considered in the study. The PEVs have a choice in participating in grid-to-vehicle or vehicle-to-grid modes with fixed or flexible amount of departed state of charge (SOC). The PL assigns various tariffs for different requirements of the PEVs. In this study, the mutual effect of the variation of PEV tariffs and the PL's behavior in the market is investigated. It is shown that the preferences of PEVs can significantly affect the PL's strategy. The changes of the equilibrium prices for PL and aggregator interaction are thoroughly analyzed in response to changes in PEV tariffs to illustrate their influence on their behavior.

Original language	English
Title of host publication	IEEE EUROCON 2015 - International Conference on Computer as a Tool (EUROCON)
Publisher	Institute of Electrical and Electronics Engineers
Pages	1-6
Number of pages	6
ISBN (Electronic)	978-1-4799-8569-2
DOIs	https://doi.org/10.1109/EUROCON.2015.7313763
Publication status	Published - 2 Nov 2015
Externally published	Yes

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10.1109/EUROCON.2015.7313763

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title = "Analyzing the effect of various PEV owner's charging tariffs on PEV PL's market equilibrium",

abstract = "In this paper, an innovative bi-level model is developed for the interactions of the plug-in electric vehicle (PEV) parking lot (PL) with the upstream markets through an aggregator in the system. The preferences of the PEVs on using the PL are also considered in the study. The PEVs have a choice in participating in grid-to-vehicle or vehicle-to-grid modes with fixed or flexible amount of departed state of charge (SOC). The PL assigns various tariffs for different requirements of the PEVs. In this study, the mutual effect of the variation of PEV tariffs and the PL's behavior in the market is investigated. It is shown that the preferences of PEVs can significantly affect the PL's strategy. The changes of the equilibrium prices for PL and aggregator interaction are thoroughly analyzed in response to changes in PEV tariffs to illustrate their influence on their behavior.",

author = "Nilufar Neyestani and Damavandi, {Maziar Yazdani} and Catal{\~a}o, {Jo{\~a}o P.S.}",

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doi = "10.1109/EUROCON.2015.7313763",

language = "English",

pages = "1--6",

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Analyzing the effect of various PEV owner's charging tariffs on PEV PL's market equilibrium. / Neyestani, Nilufar; Damavandi, Maziar Yazdani; Catalão, João P.S.
IEEE EUROCON 2015 - International Conference on Computer as a Tool (EUROCON). Institute of Electrical and Electronics Engineers, 2015. p. 1-6 7313763.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

TY - GEN

T1 - Analyzing the effect of various PEV owner's charging tariffs on PEV PL's market equilibrium

AU - Neyestani, Nilufar

AU - Damavandi, Maziar Yazdani

AU - Catalão, João P.S.

PY - 2015/11/2

Y1 - 2015/11/2

N2 - In this paper, an innovative bi-level model is developed for the interactions of the plug-in electric vehicle (PEV) parking lot (PL) with the upstream markets through an aggregator in the system. The preferences of the PEVs on using the PL are also considered in the study. The PEVs have a choice in participating in grid-to-vehicle or vehicle-to-grid modes with fixed or flexible amount of departed state of charge (SOC). The PL assigns various tariffs for different requirements of the PEVs. In this study, the mutual effect of the variation of PEV tariffs and the PL's behavior in the market is investigated. It is shown that the preferences of PEVs can significantly affect the PL's strategy. The changes of the equilibrium prices for PL and aggregator interaction are thoroughly analyzed in response to changes in PEV tariffs to illustrate their influence on their behavior.

AB - In this paper, an innovative bi-level model is developed for the interactions of the plug-in electric vehicle (PEV) parking lot (PL) with the upstream markets through an aggregator in the system. The preferences of the PEVs on using the PL are also considered in the study. The PEVs have a choice in participating in grid-to-vehicle or vehicle-to-grid modes with fixed or flexible amount of departed state of charge (SOC). The PL assigns various tariffs for different requirements of the PEVs. In this study, the mutual effect of the variation of PEV tariffs and the PL's behavior in the market is investigated. It is shown that the preferences of PEVs can significantly affect the PL's strategy. The changes of the equilibrium prices for PL and aggregator interaction are thoroughly analyzed in response to changes in PEV tariffs to illustrate their influence on their behavior.

U2 - 10.1109/EUROCON.2015.7313763

DO - 10.1109/EUROCON.2015.7313763

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SP - 1

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BT - IEEE EUROCON 2015 - International Conference on Computer as a Tool (EUROCON)

PB - Institute of Electrical and Electronics Engineers

ER -

Analyzing the effect of various PEV owner's charging tariffs on PEV PL's market equilibrium

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