The Vehicle-to-Grid Concept with Respect to the Preferences of Electric Vehicle Drivers and Charging Station Operators
Recent events in Europe show the necessity of speeding up the transition to local renewable energy sources utilization within countries’ power systems. Moreover, the share of electric vehicles is gradually increasing within the Europe market. To utilize renewable energy sources with intermittent cha...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-05-01
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| Series: | Applied Sciences |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2076-3417/12/11/5476 |
| _version_ | 1797494174482694144 |
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| author | Martina Kajanova Peter Bracinik |
| author_facet | Martina Kajanova Peter Bracinik |
| author_sort | Martina Kajanova |
| collection | DOAJ |
| description | Recent events in Europe show the necessity of speeding up the transition to local renewable energy sources utilization within countries’ power systems. Moreover, the share of electric vehicles is gradually increasing within the Europe market. To utilize renewable energy sources with intermittent character to supply power for this increasing demand for electric vehicle charging, the vehicle-to-grid concept must be applied. However, for this concept to be successful, it should be beneficial for electric vehicle drivers and charging station operators. As a result, the focus of this research is on developing a charging/discharging control algorithm that adheres to the above assumptions. The use of the proposed control mechanism in case studies demonstrates that if electric vehicle drivers declare their preferences truthfully, the social welfare of all participants can be maximized. To prevent one of the drivers from trying to disrupt the social welfare concept in their favor by reporting false preferences, the incentive mechanism is proposed as well. The case studies show that the incentive mechanism results in the increased cost of the participant trying to disrupt the social welfare while decreasing the cost of all the others. Therefore, truth-telling and thus maximizing the social welfare of all participants in the system is an optimal strategy for each of them. |
| first_indexed | 2024-03-10T01:30:34Z |
| format | Article |
| id | doaj.art-54d1a7fba5434d70939c8e79003272ed |
| institution | Directory Open Access Journal |
| issn | 2076-3417 |
| language | English |
| last_indexed | 2024-03-10T01:30:34Z |
| publishDate | 2022-05-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Applied Sciences |
| spelling | doaj.art-54d1a7fba5434d70939c8e79003272ed2023-11-23T13:42:22ZengMDPI AGApplied Sciences2076-34172022-05-011211547610.3390/app12115476The Vehicle-to-Grid Concept with Respect to the Preferences of Electric Vehicle Drivers and Charging Station OperatorsMartina Kajanova0Peter Bracinik1Faculty of Electrical Engineering and Information Technology, University of Zilina, 010 26 Zilina, SlovakiaFaculty of Electrical Engineering and Information Technology, University of Zilina, 010 26 Zilina, SlovakiaRecent events in Europe show the necessity of speeding up the transition to local renewable energy sources utilization within countries’ power systems. Moreover, the share of electric vehicles is gradually increasing within the Europe market. To utilize renewable energy sources with intermittent character to supply power for this increasing demand for electric vehicle charging, the vehicle-to-grid concept must be applied. However, for this concept to be successful, it should be beneficial for electric vehicle drivers and charging station operators. As a result, the focus of this research is on developing a charging/discharging control algorithm that adheres to the above assumptions. The use of the proposed control mechanism in case studies demonstrates that if electric vehicle drivers declare their preferences truthfully, the social welfare of all participants can be maximized. To prevent one of the drivers from trying to disrupt the social welfare concept in their favor by reporting false preferences, the incentive mechanism is proposed as well. The case studies show that the incentive mechanism results in the increased cost of the participant trying to disrupt the social welfare while decreasing the cost of all the others. Therefore, truth-telling and thus maximizing the social welfare of all participants in the system is an optimal strategy for each of them.https://www.mdpi.com/2076-3417/12/11/5476electric vehiclesvehicle-to-gridcharging stationoptimal controlincentivesmechanism design |
| spellingShingle | Martina Kajanova Peter Bracinik The Vehicle-to-Grid Concept with Respect to the Preferences of Electric Vehicle Drivers and Charging Station Operators Applied Sciences electric vehicles vehicle-to-grid charging station optimal control incentives mechanism design |
| title | The Vehicle-to-Grid Concept with Respect to the Preferences of Electric Vehicle Drivers and Charging Station Operators |
| title_full | The Vehicle-to-Grid Concept with Respect to the Preferences of Electric Vehicle Drivers and Charging Station Operators |
| title_fullStr | The Vehicle-to-Grid Concept with Respect to the Preferences of Electric Vehicle Drivers and Charging Station Operators |
| title_full_unstemmed | The Vehicle-to-Grid Concept with Respect to the Preferences of Electric Vehicle Drivers and Charging Station Operators |
| title_short | The Vehicle-to-Grid Concept with Respect to the Preferences of Electric Vehicle Drivers and Charging Station Operators |
| title_sort | vehicle to grid concept with respect to the preferences of electric vehicle drivers and charging station operators |
| topic | electric vehicles vehicle-to-grid charging station optimal control incentives mechanism design |
| url | https://www.mdpi.com/2076-3417/12/11/5476 |
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