Dynamic pricing based EV load management in distribution network

Abstract

This paper presents an optimization model to optimally manage the electric vehicle (EV) charging load in distribution networks. We propose a bi-level programming model where the upper level is the load management problem, and the lower level is the charging station selection problem for EVs. The optimal solution of lower-level problem is a function in the charging price that is determined in the upper-level problem. Simulations on a power-transportation system are carried out to validate the proposed model, and analysis on load management is explored.

Keywords

• Electric vehicle
• Dynamic pricing
• Demand management
• Fast-charging infrastructure