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Impact of Electricity Prices and Tariffs on Smart Charging: A Comparison Between Norway and Denmark Using Receding Horizon Optimization

  • Norwegian University of Science and Technology

Research output: Contribution to conferencePaperResearchpeer-review

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Abstract

With the growing number of electric vehicles (EVs) in Denmark and Norway, the need for efficient control of charging stations increases. This paper compares smart charging strategies using a receding horizon optimization method, focusing on the different electricity pricing systems in both countries. By optimizing EV charging based on hourly electricity prices, we aim to reduce costs for charging point operators (CPOs). The results show that being a CPO in Norway is 1.4 times more profitable in terms of operational costs than in Denmark, with on average 1116 € more profit for Norway per year in more favorable scenario with high energy delivery rate for EVs.
Original languageEnglish
Publication date2025
Number of pages5
Publication statusPublished - 2025
Event7th International Electric Vehicle Technology Conference 2025 - Yokohama, Japan
Duration: 19 May 202521 May 2025

Conference

Conference7th International Electric Vehicle Technology Conference 2025
Country/TerritoryJapan
CityYokohama
Period19/05/202521/05/2025

Bibliographical note

Copyright © 2025 Society of Automotive Engineers of Japan, Inc.

Keywords

  • Smart charging
  • Receding horizon optimization
  • Electric vehicles
  • Pricing mechanisms

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