Tariff Design for Residential Private Charging Posts Considering a High Penetration Rate of Electric Vehicles

Currently, the time-of-use tariff is adopted in many cities to guide the charging behavior of residential consumers. However, the penetration rate of electric vehicles (EVs) has been steadily increasing and timed charging during off-peak hours has led to issues of over-response, necessitating the design of novel tariffs for residential private charging posts. This paper proposes a time-of-use tariff with demand charge (ToU-D) to integrate the advantages of various pricing mechanisms. A mixed-integer bilevel model is constructed, with the upper-level grid company minimizing electricity purchase costs in the wholesale market and the lower-level residential consumers minimizing charging payment. The bilevel model is converted into a single-level one and solved by minimizing the duality gap. The case studies demonstrate that this tariff effectively addresses over-response issues and brings significant economic benefits to both the grid company and residential consumers.

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Publication Details

Published
2024-10-25
DOI
https://doi.org/10.1109/appeec61255.2024.10922337
Primary Topic
Electric Vehicles and Infrastructure
Type
article
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article

Tariff Design for Residential Private Charging Posts Considering a High Penetration Rate of Electric Vehicles

Yuting Mou, Bo Pan, Lele Wu, Yikang Xiao et al.
Electric Vehicles and Infrastructure
article

Tariff Design for Residential Private Charging Posts Considering a High Penetration Rate of Electric Vehicles

Yuting Mou, Bo Pan, Lele Wu, Yikang Xiao, Hao Ming
article en

Abstract

Currently, the time-of-use tariff is adopted in many cities to guide the charging behavior of residential consumers. However, the penetration rate of electric vehicles (EVs) has been steadily increasing and timed charging during off-peak hours has led to issues of over-response, necessitating the design of novel tariffs for residential private charging posts. This paper proposes a time-of-use tariff with demand charge (ToU-D) to integrate the advantages of various pricing mechanisms. A mixed-integer bilevel model is constructed, with the upper-level grid company minimizing electricity purchase costs in the wholesale market and the lower-level residential consumers minimizing charging payment. The bilevel model is converted into a single-level one and solved by minimizing the duality gap. The case studies demonstrate that this tariff effectively addresses over-response issues and brings significant economic benefits to both the grid company and residential consumers.

Southeast University (BD)
Decent work and economic growth
Openalex Percentile: Top 74%
Electric Vehicles and Infrastructure
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Tariff Design for Residential Private Charging Posts Considering a High Penetration Rate of Electric Vehicles — Yuting Mou, Bo Pan, et al. · (2024) | TGRS Research Map | TGRS