Architectural and Algorithmic Solutions for Large-Scale PEV Integration into Power Grids

Abstract:

Electrification of the transportation market offers revenue growth for utility companies and automobile manufacturers, lower operational costs for consumers, and benefits to the environment. However, even moderate penetration of PEVs will stress the power grid. This project formulates and solves optimization problems critical to various entities in the PEV ecosystem -- PEV owners, commercial charging station owners, aggregators, and distribution companies -- at the distribution / retail level. Charging at both commercial charging stations and at residences is being considered, for both the case when PEVs only function as loads, and the case when they can also function as sources, equipped with vehicle-to-home (V2H) or vehicle-to-grid (V2G) energy reinjection capability. The focus of the project is on distributed decision making by various individual players to achieve analytical system-level performance guarantees.