“…𝐽𝐺𝑟𝑖𝑑, 𝑡 = (𝑃𝐺𝑟𝑖𝑑, 𝑡)𝑅𝐺𝑟𝑖𝑑, 𝑡, (4) 𝐽𝐸𝑆𝑆, 𝑡 = (𝑃𝐸𝑆𝑆, 𝑡)𝑅𝐸𝑆𝑆, 𝑡, (5) In the above equation (1-5), Jgrit,t, JESS,t, Jpv,t, JEV, T represent grid, energy storage system, photovoltaic system, and electric vehicles cost at time t. It is the unit price at any time. The input data is given in the following table.…”