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research article

Resource aware pricing for electric vehicle charging

Santoyo, Cesar
•
Nilsson, Gustav  
•
Coogan, Samuel
February 1, 2023
Automatica

Electric vehicle charging facilities offer their capacity constrained electric charge and parking to users for a fee. As electric vehicle adoption grows, so too does the potential for excessive resource utilization. In this paper, we study how prices set by the charging facility impact the likelihood that specified resource utilization levels are exceeded. Specifically, we present probabilistic bounds on the number of charging spots and the total power supply needed at a facility based on the characteristics of the arriving vehicles. We assume the charging facility either offers a set of distinct and fixed charging rates to each user or allows the user to decide a charging deadline, from which a charging rate is determined. Users arrive randomly, requiring a random amount of charge. Additionally, each user has a random impatience factor that quantifies their value of time, and a random desired time to stay at a particular location. Assuming rational user behavior, and with knowledge of the probability distribution of the random parameters, we present high-confidence bounds on the total number of vehicles parked at the station and the aggregate power use of all vehicles actively charging. We demonstrate how these bounds can be used by a charging facility to determine appropriate pricing parameters and investigate through a Monte-Carlo simulation case study the tightness of the bounds. (c) 2022 Elsevier Ltd. All rights reserved.

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Type
research article
DOI
10.1016/j.automatica.2022.110733
Web of Science ID

WOS:000928279800006

Author(s)
Santoyo, Cesar
Nilsson, Gustav  
Coogan, Samuel
Date Issued

2023-02-01

Publisher

PERGAMON-ELSEVIER SCIENCE LTD

Published in
Automatica
Volume

148

Article Number

110733

Subjects

Automation & Control Systems

•

Engineering, Electrical & Electronic

•

Engineering

Editorial or Peer reviewed

REVIEWED

Written at

EPFL

EPFL units
LUTS  
Available on Infoscience
March 27, 2023
Use this identifier to reference this record
https://infoscience.epfl.ch/handle/20.500.14299/196476
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