A genuine V2V market mechanism aiming for maximum revenue of each EV owner based on non-cooperative game model

Li, Zekai; Lei, Xiang; Shang, Yitong; Jia, Youwei; Jian, Linni

doi:10.1016/j.jclepro.2023.137586

Cited by 9 publications

(3 citation statements)

References 36 publications

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“…Figure 2. Global short-term EV share of new passenger vehicle sale by region [14] Few research has investigated electric vehicle routing problems (EVRPs) that account for both vehicle charge scheduling and routing. The issue of traffic jams has received a lot of attention.…”

Section: Figure 1 Historical Progression Of Electric Vehiclementioning

confidence: 99%

“…Time-dependent travel speeds as a solution with consideration of congestion tolls in EVRP with time windows (EVRPTW) is proposed in [12]. When a fault occurs, the safety of an EV's distribution system, the microgrid (MG) can disengage from it and operate independently, attempting to compensate for the grid's reliability Moreover, as mentioned in [13,14], the MG can boost acceptance of distributed generation (DG)into the existing grid while meeting local consumer power requirements. Figure 2 depicts the global market share of short-term electric vehicle new passenger vehicle sales by region.…”

Section: Figure 1 Historical Progression Of Electric Vehiclementioning

confidence: 99%

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Optimization Strategies for Electric Vehicle Charging and Routing: A Comprehensive Review

Shanmugam,

Thomas

2024

Gazi University Journal of Science

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Based on information from recent research, by 2045, Electric Vehicles (EV) will dominate the roads with presence of more than 80% of its kind. Hence, these vehicles' grid level penetration will increase proportionally, which challenges the existing grid infrastructure in terms of its reliability and energy management capabilities. New techniques to store and consume massive quantities of energy from the power grid, as well as infusing the captive energy within the EV in response to grid demands, are emerging with the advent of electric vehicles. Everything could be handled smoothly only if we schedule the EV operation (charging/discharging) more optimally and efficiently using scheduling algorithms. Despite the existence of many routings and charging schedule computations, nature-inspired optimization approaches might play a critical role in responding to such routing challenges. Researchers have created several optimum scheduling approaches, such as Dynamic Programming, Differential Evolutionary Optimization Techniques, Collaborative Optimization Scheduling, Two-stage optimal scheduling strategy, and so on. The optimum schedule review examines the operation of an EV fleet while considering uncertainty sources and varied EV operating circumstances by integrating heuristic and meta-heuristic techniques. This paper exhibits a deep review on the various EV optimal scheduling techniques and adopted algorithms which are the emerging best practices like predictive analytics, dynamic routing, user centric planning, multi-objective optimization, etc. that reflect the industry's focus on leveraging advanced technologies, data-driven decision-making, and collaborative approaches to enhance the efficiency and sustainability of electric vehicle routing and charging scheduling.

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Section: Figure 1 Historical Progression Of Electric Vehiclementioning

confidence: 99%

Section: Figure 1 Historical Progression Of Electric Vehiclementioning

confidence: 99%

Optimization Strategies for Electric Vehicle Charging and Routing: A Comprehensive Review

Shanmugam,

Thomas

2024

Gazi University Journal of Science

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“…Many studies have utilized game theory to achieve benefit sharing in energy systems. Li et al [31] introduced a vehicle-to-vehicle market mechanism that allows electric vehicle owners to establish distributed electricity markets within distribution networks, to engage in electricity trading. This mechanism aims to maximize the revenue of each electric vehicle owner while also developing a noncooperative game model for the allocation of electric vehicle energy.…”

Section: Literature Reviewmentioning

confidence: 99%

V2G Carbon Accounting and Revenue Allocation: Balancing EV Contributions in Distribution Systems

Yu,

Lei,

Shao

et al. 2024

Electronics

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Accurate carbon emission accounting for electric vehicles (EVs) is particularly important, especially for those participating in the carbon market. However, the participation of numerous EVs in vehicle-to-grid (V2G) scheduling complicates the precise accounting of individual EV emissions. This paper presents a novel approach to carbon accounting and benefits distribution for EVs. It includes a low-carbon dispatch model for a distribution system (DS), aimed at reducing total emissions through strategic EV charging scheduling. Further, an improved carbon emission flow accounting model is proposed to calculate the carbon reduction of EVs before and after low-carbon dispatch. It enables real-time carbon flow tracking during EV charging and discharging, then accurately quantifies the carbon reduction amount. Additionally, it employs the Shapley value method to ensure equitable distribution of carbon revenue, balancing low-carbon operation costs and carbon reduction contributions. A case study based on a 31-node campus distribution network demonstrated that effective scheduling of 1296 EVs can significantly reduce system carbon emissions. This method can accurately account for the carbon emissions of EVs under different charging states, and provides a balanced analysis of EV carbon reduction contributions and costs, advocating for fair revenue allocation.

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A survey on enhancing grid flexibility through bidirectional interactive electric vehicle operations

Ullah,

Hussain,

Mahrouch

et al. 2024

Energy Reports

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A genuine V2V market mechanism aiming for maximum revenue of each EV owner based on non-cooperative game model

Cited by 9 publications

References 36 publications

Optimization Strategies for Electric Vehicle Charging and Routing: A Comprehensive Review

Optimization Strategies for Electric Vehicle Charging and Routing: A Comprehensive Review

V2G Carbon Accounting and Revenue Allocation: Balancing EV Contributions in Distribution Systems

A survey on enhancing grid flexibility through bidirectional interactive electric vehicle operations

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