Cost minimization control for electric vehicle car parks with vehicle-to-grid technology

Research output: Contribution to journalArticle

Abstract

The high demand side cost of electric vehicles (EVs) affects the wide use of EVs in practice. In this work, a electricity cost model for EVs in a smart car park has been built up, which includes key factors such as the charging and discharging costs, the battery degradation cost, the driving probability, the feed-in tariff (FIT), and the vehicle-to-grid (V2G) rebates. Each EVs’ charging and discharging status are designed through an optimization route so as to minimize the car park electricity cost. Results from comprehensive simulation studies demonstrate the potential of V2G benefits for a car park system with multiple EVs subject to EV and battery characteristics, FIT and policy support.
LanguageEnglish
Number of pages9
JournalSystems Science and Control Engineering
Publication statusAccepted/In press - 7 Sep 2019

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Cost Minimization
Electric Vehicle
Electric vehicles
Railroad cars
Grid
Costs
Electricity
Battery
Electric batteries
Route Optimization
Cost Model
Degradation
Simulation Study
Minimise
Demonstrate

Keywords

  • electric vehicle
  • demand side cost
  • battery degradation
  • charging and discharging
  • vehicle-to-grid
  • feed-in tariff

Cite this

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title = "Cost minimization control for electric vehicle car parks with vehicle-to-grid technology",
abstract = "The high demand side cost of electric vehicles (EVs) affects the wide use of EVs in practice. In this work, a electricity cost model for EVs in a smart car park has been built up, which includes key factors such as the charging and discharging costs, the battery degradation cost, the driving probability, the feed-in tariff (FIT), and the vehicle-to-grid (V2G) rebates. Each EVs’ charging and discharging status are designed through an optimization route so as to minimize the car park electricity cost. Results from comprehensive simulation studies demonstrate the potential of V2G benefits for a car park system with multiple EVs subject to EV and battery characteristics, FIT and policy support.",
keywords = "electric vehicle, demand side cost, battery degradation, charging and discharging, vehicle-to-grid, feed-in tariff",
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Cost minimization control for electric vehicle car parks with vehicle-to-grid technology. / Su, Xiaoke; Yue, Hong; Chen, Xu.

07.09.2019.

Research output: Contribution to journalArticle

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