Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/28588
Title: Challenges in Future Competition of Electric Vehicle Charging Management and Solutions
Authors: Xu, NZ
Chung, CY
Keywords: Aggregator
Correlated equilibrium
Demand-side management (DSM)
Electric vehicle (EV) charging
Mechanism design
Nash equilibrium
Price of anarchy (PoA)
Issue Date: 2015
Publisher: Institute of Electrical and Electronics Engineers
Source: IEEE transactions on smart grid, 2015, v. 6, no. 3, p. 1323-1331 How to cite?
Journal: IEEE transactions on smart grid 
Abstract: In the foreseeable future, power grids will be managed largely with demand-side management (DSM) programs. With the growing population of electric vehicles (EVs) and the emergence of aggregators, DSM will surely introduce more intense competition to the markets. Since EV charging produces a large amount of time-flexible load in power systems, competition of its management could become a major game. This paper first formulates the game of EV charging management to describe this major form of the future DSM competition and then studies three challenges inherent in it: 1) inefficiency of Nash equilibria; 2) the game of chicken; and 3) cheating on private information. It is found that a central regulator is required to prevent these drawbacks. Solutions are proposed and a central governing procedure is also presented. The notion of the game of EV charging management is compatible with DSM programs that are able to schedule load flexibly over multiple time periods.
URI: http://hdl.handle.net/10397/28588
ISSN: 1949-3053
EISSN: 1949-3061
DOI: 10.1109/TSG.2014.2373401
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