Dynamic Pricing for Electric Vehicle Charging—A Literature Review

Time-varying pricing is seen as an appropriate means for unlocking the potential flexibility from electric vehicle users. This in turn facilitates the future integration of electric vehicles and renewable energy resources into the power grid. The most complex form of time-varying pricing is dynamic...

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Main Author: Steffen Limmer
Format: Article
Language:English
Published: MDPI AG 2019-09-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/12/18/3574
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author Steffen Limmer
author_facet Steffen Limmer
author_sort Steffen Limmer
collection DOAJ
description Time-varying pricing is seen as an appropriate means for unlocking the potential flexibility from electric vehicle users. This in turn facilitates the future integration of electric vehicles and renewable energy resources into the power grid. The most complex form of time-varying pricing is dynamic pricing. Its application to electric vehicle charging is receiving growing attention and an increasing number of different approaches can be found in the literature. This work aims at providing an overview and a categorization of the existing work in this growing field of research. Furthermore, user studies and the modeling of user preferences via utility functions are discussed.
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spelling doaj.art-21187809aec5402397952cf07e9c9f972022-12-22T02:54:34ZengMDPI AGEnergies1996-10732019-09-011218357410.3390/en12183574en12183574Dynamic Pricing for Electric Vehicle Charging—A Literature ReviewSteffen Limmer0Honda Research Institute Europe GmbH, 63073 Offenbach/Main, GermanyTime-varying pricing is seen as an appropriate means for unlocking the potential flexibility from electric vehicle users. This in turn facilitates the future integration of electric vehicles and renewable energy resources into the power grid. The most complex form of time-varying pricing is dynamic pricing. Its application to electric vehicle charging is receiving growing attention and an increasing number of different approaches can be found in the literature. This work aims at providing an overview and a categorization of the existing work in this growing field of research. Furthermore, user studies and the modeling of user preferences via utility functions are discussed.https://www.mdpi.com/1996-1073/12/18/3574dynamic pricingelectric vehiclesenergy managementsmart grid
spellingShingle Steffen Limmer
Dynamic Pricing for Electric Vehicle Charging—A Literature Review
Energies
dynamic pricing
electric vehicles
energy management
smart grid
title Dynamic Pricing for Electric Vehicle Charging—A Literature Review
title_full Dynamic Pricing for Electric Vehicle Charging—A Literature Review
title_fullStr Dynamic Pricing for Electric Vehicle Charging—A Literature Review
title_full_unstemmed Dynamic Pricing for Electric Vehicle Charging—A Literature Review
title_short Dynamic Pricing for Electric Vehicle Charging—A Literature Review
title_sort dynamic pricing for electric vehicle charging a literature review
topic dynamic pricing
electric vehicles
energy management
smart grid
url https://www.mdpi.com/1996-1073/12/18/3574
work_keys_str_mv AT steffenlimmer dynamicpricingforelectricvehiclechargingaliteraturereview