Summary
This paper presents a resiliency‐oriented multi‐objective approach for optimal allocation of electric vehicles' (EV) charging station (EVCS) within distribution network. In addition, the effect of implementation of the demand response programs (DRP) is considered while allocating EVCSs. For this purpose, an appropriate modeling for considering various uncertainties such as consumption load, energy price, and initial state of EV charge are firstly presented. Moreover, the uncertainty and dynamic risk of wind speed during extreme weather conditions, as an important parameter that affects lines outage and grid resiliency, are accurately modeled. In the proposed methodology of this paper, the benefits obtained by ENS reduction and power loss is optimally shared with the EVCS owner to incentivize the investors to cooperate with DISCO and to invest in the construction of EVCS. The formulated problem is solved by utilization of an NSGA‐II‐based method embedded by scenario‐based approach and Monte‐Carlo method. The proposed formulation is applied to a standard network (IEEE 9 buses), and related Pareto‐front solutions for an economic‐resilient EVCS allocation, while maximizing benefits of Distribution Company Operator (DISCO) and EVCS owner are calculated. The results show that, in case of allocation two EVCSs and applying DRP program, total profits of DISCO is increased by 36.70% and 40.07%, respectively, compared with traditional grid that there is no EVCS or DRP implementation. Moreover, applying DRP, with its positive effect on peak load and power losses, reduces the EVCS capacities.