Abstract
Environment constraints, petroleum scarcity, high
price on fuel resources and recent advancements in battery
technology have led to emergence of Electric Vehicles (EVs).
As increasing numbers of EVs enter the electricity market,
these extra loads may cause peak load and need to be properly
controlled. In this paper, an algorithm is presented for every
individual vehicles to minimize the charging cost while satisfying
the vehicle owner’s requirements. The algorithm is based on a
given future electricity prices and uses dynamic programming.
Optimization aims to find the economically optimal solution for
each vehicle.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 4th International Workshop on Intelligent Information Management Systems and Technology |
| Publication date | 2011 |
| Publication status | Published - 2011 |
Keywords
- Electricity market
- Electric vehicles
- Optimal charge plan
- Dynamic programming