Coordination of Multi-Agent Orderly Charging via an Incentive-Compatible Mechanism

As the cyber-physical system is developed into cyber-physical-social system, the importance of social factors is growing in the interaction between electric vehicle (EV) and power system. This paper aims to develop an incentive-compatible mechanism to coordinate multi-agent orderly charging. Firstly, the travel behaviors of EV cluster are simulated based on Monte Carlo sampling, and the load transfer model considering various social factors is constructed. Then, an orderly charging mechanism involving multiple agents based on Nash bargaining theory is proposed. In the first stage, the total profit of electric vehicle user, power grid company (PGC), and charge station operator is maximized. In the second stage, the revenue of each agent after participating in the cooperation is improved by transfer payment. Next, the carbon trading mechanism is applied in the incentive compatibility model, and the revenue of PGC participating in the carbon market under different scenarios and constraints are calculated. Finally, by comparing with the existing model, the simulation results show that the proposed multi-agent coordinated orderly charging model can reduce the pressure on the power grid caused by the randomness of EV travel, and through a fair profit distribution mechanism, it can maximize the social benefits of the coalition while increasing the revenue of each agent.

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Publication Details

Journal
IEEE Transactions on Smart Grid
Published
2024-11-11
DOI
https://doi.org/10.1109/tsg.2024.3495701
Citations
7
Primary Topic
Smart Grid Energy Management
Type
article
Field-Weighted Citation Impact
1.46

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article

Coordination of Multi-Agent Orderly Charging via an Incentive-Compatible Mechanism

Yan Xu, Chaoyang Sun, Jizhong Zhu, Jingxian Chen et al.
7 citations
IEEE Transactions on Smart Grid
Smart Grid Energy Management
1.46
article

Coordination of Multi-Agent Orderly Charging via an Incentive-Compatible Mechanism

Yan Xu, Chaoyang Sun, Jizhong Zhu, Jingxian Chen, Wanli Wu, Ziyu Chen
article en
7 citations

Abstract

As the cyber-physical system is developed into cyber-physical-social system, the importance of social factors is growing in the interaction between electric vehicle (EV) and power system. This paper aims to develop an incentive-compatible mechanism to coordinate multi-agent orderly charging. Firstly, the travel behaviors of EV cluster are simulated based on Monte Carlo sampling, and the load transfer model considering various social factors is constructed. Then, an orderly charging mechanism involving multiple agents based on Nash bargaining theory is proposed. In the first stage, the total profit of electric vehicle user, power grid company (PGC), and charge station operator is maximized. In the second stage, the revenue of each agent after participating in the cooperation is improved by transfer payment. Next, the carbon trading mechanism is applied in the incentive compatibility model, and the revenue of PGC participating in the carbon market under different scenarios and constraints are calculated. Finally, by comparing with the existing model, the simulation results show that the proposed multi-agent coordinated orderly charging model can reduce the pressure on the power grid caused by the randomness of EV travel, and through a fair profit distribution mechanism, it can maximize the social benefits of the coalition while increasing the revenue of each agent.

IEEE Transactions on Smart GridVol. 16(2)
Nanyang Technological University (SG), University of Washington (US), South China University of Technology (CN)
National Natural Science Foundation of China, China Postdoctoral Science Foundation, Basic and Applied Basic Research Foundation of Guangdong Province
Openalex Percentile: Top 17%
Smart Grid Energy Management
1.46
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