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Deployment of the Electric Vehicle Charging Station Considering Existing Competitors
Zhao, Yiqi1; Guo, Ye1; Guo, Qinglai1,2; Zhang, Hongcai3,4; Sun, Hongbin1,2
Source PublicationIEEE Transactions on Smart Grid

The problem of optimal planning of plug-in electric vehicle (PEV) charging stations is studied. Different from many other works, we assume the station investor to be a new private entrant into the market who intends to maximize its own profit in a competitive environment. A modified Huff gravity-based model is adopted to describe the probabilistic patronizing behaviors of PEV drivers. Accordingly, a bi-level optimization model is formulated to decide not only the optimal site and size of the new charging station, but also the retail charging prices in the future operation stage. Based on the specific characteristics of the problem, the operation level sub-problem is reformulated to a convex programming and an efficient solution algorithm is designed for the overall bi-level optimization. Numerical examples of different scales demonstrate the effectiveness of the proposed modeling and computation methods, as well as the importance of considering the competitive effects when planning the charging station.

KeywordCharging Infrastructure Competition Consumer Behavior Electric Vehicle
URLView the original
Indexed BySCIE ; SSCI
WOS Research AreaEngineering
WOS SubjectEngineering, Electrical & Electronic
WOS IDWOS:000562305000049
Scopus ID2-s2.0-85090391209
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Cited Times [WOS]:8   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
Corresponding AuthorGuo, Ye
Affiliation1.Smart Grid and Renewable Energy Laboratory, Tsinghua-Berkeley Shenzhen Institute, Shenzhen, 518071, China
2.State Key Laboratory of Power Systems, Department of Electrical Engineering, Tsinghua University, Beijing, 100084, China
3.State Key Laboratory of Internet of Things for Smart City, University of Macau, Macao
4.Department of Electrical and Computer Engineering, University of Macau, Macao
Recommended Citation
GB/T 7714
Zhao, Yiqi,Guo, Ye,Guo, Qinglai,et al. Deployment of the Electric Vehicle Charging Station Considering Existing Competitors[J]. IEEE Transactions on Smart Grid,2020,11(5):4236-4248.
APA Zhao, Yiqi,Guo, Ye,Guo, Qinglai,Zhang, Hongcai,&Sun, Hongbin.(2020).Deployment of the Electric Vehicle Charging Station Considering Existing Competitors.IEEE Transactions on Smart Grid,11(5),4236-4248.
MLA Zhao, Yiqi,et al."Deployment of the Electric Vehicle Charging Station Considering Existing Competitors".IEEE Transactions on Smart Grid 11.5(2020):4236-4248.
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