Journal
IEEE TRANSACTIONS ON SMART GRID
Volume 6, Issue 3, Pages 1341-1352Publisher
IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC
DOI: 10.1109/TSG.2014.2375067
Keywords
Aggregator; demand response; demand-side management (DSM); electric vehicles (EVs); incentives
Categories
Funding
- National Science Foundation [1239408]
- Div Of Electrical, Commun & Cyber Sys
- Directorate For Engineering [1239408, 1239224] Funding Source: National Science Foundation
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Without demand-side management, an increase in the number of electric vehicles (EVs) could result in overloads on distribution feeders. Aggregators could optimally manage the charging/discharging of the EVs, to not only maximize the consumers' welfare in response to real-time prices and accommodate their needs for transportation, but also to keep the distribution network within its operating limits. This paper proposes a decentralized framework in which the aggregator seeks to maximize its profits while the consumers minimize their costs in response to time-varying prices, and additional incentives provided to mitigate potential overloads in the distribution system. Test results show that a large penetration of EV penetration can then be managed without violating the capacity of the distribution network.
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