Price-based distributed control for networked plug-in electric vehicles

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

We introduce a framework for controlling the charging and discharging processes of plug-in electric vehicles (PEVs) via pricing strategies. Our framework consists of a hierarchical decision-making setting with two layers, which we refer to as aggregator layer and retail market layer. In the aggregator layer, there is a set of aggregators that are requested (and will be compensated for) to provide certain amount of energy over a period of time. In the retail market layer, the aggregator offers some price for the energy that PEVs may provide; the objective is to choose a pricing strategy to incentivize the PEVs so as they collectively provide the amount of energy that the aggregator has been asked for. The focus of this paper is on the decision-making process that takes places in the retail market layer, where we assume that each individual PEV is a price-anticipating decision-maker. We cast this decision-making process as a game, and provide conditions on the pricing strategy of the aggregator under which this game has a unique Nash equilibrium. We propose a distributed consensus-based iterative algorithm through which the PEVs can seek for this Nash equilibrium. Numerical simulations are included to illustrate our results.

Original languageEnglish (US)
Title of host publication2013 American Control Conference, ACC 2013
Pages5086-5091
Number of pages6
StatePublished - Sep 11 2013
Event2013 1st American Control Conference, ACC 2013 - Washington, DC, United States
Duration: Jun 17 2013Jun 19 2013

Publication series

NameProceedings of the American Control Conference
ISSN (Print)0743-1619

Other

Other2013 1st American Control Conference, ACC 2013
CountryUnited States
CityWashington, DC
Period6/17/136/19/13

ASJC Scopus subject areas

  • Electrical and Electronic Engineering

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