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  4. A Pricing Mechanism for Balancing the Charging of Ride-Hailing Electric Vehicle Fleets
 
conference paper

A Pricing Mechanism for Balancing the Charging of Ride-Hailing Electric Vehicle Fleets

Maljkovic, Marko  
•
Nilsson, Gustav  
•
Geroliminis, Nikolas  
January 1, 2022
2022 European Control Conference (Ecc)
European Control Conference (ECC)

Both ride-hailing services and electric vehicles are becoming increasingly popular and it is likely that charging management of the ride-hailing vehicles will be a significant part of the ride-hailing company's operation in the near future. Motivated by this, we propose a game theoretic model for charging management, where we assume that it is the fleet-operator that wants to minimize its operational cost, which among others include the price of charging. To avoid overcrowded charging stations, a central authority will design pricing policies to incentivize the vehicles to spread out among the charging stations, in a setting where several ride-hailing companies compete about the resources. We show that it is possible to construct pricing policies that make the Nash-equilibrium between the companies follow the central authority's target value when the desired load is feasible. Moreover, we provide a decentralized algorithm for computation of the equilibrium and conclude the paper with a numerical example illustrating the results.

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Type
conference paper
DOI
10.23919/ECC55457.2022.9838005
Web of Science ID

WOS:000857432300272

Author(s)
Maljkovic, Marko  
Nilsson, Gustav  
Geroliminis, Nikolas  
Date Issued

2022-01-01

Publisher

IEEE

Publisher place

New York

Published in
2022 European Control Conference (Ecc)
ISBN of the book

978-3-907144-07-7

Start page

1976

End page

1981

Subjects

Automation & Control Systems

•

Automation & Control Systems

•

congestion

Editorial or Peer reviewed

REVIEWED

Written at

EPFL

EPFL units
LUTS  
Event nameEvent placeEvent date
European Control Conference (ECC)

London, ENGLAND

Jul 12-15, 2022

Available on Infoscience
October 24, 2022
Use this identifier to reference this record
https://infoscience.epfl.ch/handle/20.500.14299/191525
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