2014 · 98 citations · 9 references
Mathematical ProgrammingEngineeringIncluding Vehicle-to-gridGame TheoryHybrid Electric VehiclePlug-in Electric VehiclesOperations ResearchPower MarketCombinatorial OptimizationElectricity SupplyMechanism DesignMean FieldElectrical EngineeringLarge PopulationsElectricity MarketSmart GridEnergy ManagementMean Field GameEnergy PolicyBusinessNash EquilibriumDemand Response
Constrained charging control of large populations of Plug-in Electric Vehicles (PEVs) is addressed using mean field game theory. We consider PEVs as heterogeneous agents, with different charging constraints (plug-in times and deadlines). The agents minimize their own charging cost, but are weakly coupled by the common electricity price. We propose an iterative algorithm that, in the case of an infinite population, converges to the Nash equilibrium associated with a related decentralized optimization problem. In this way we approximate the centralized optimal solution, which in the unconstrained case fills the overnight power demand valley, via a decentralized procedure. The benefits of the proposed formulation in terms of convergence behavior and overall charging cost are illustrated through numerical simulations.
9
Jean‐Michel Lasry, Pierre-Louis Lions · Japanese journal of mathematics · 2007 · 2.5K citations
Minyi Huang, Peter E. Caines, Roland P. Malhamé · IEEE Transactions on Automatic Control · 2007 · 1.1K citations