Pricing Mechanism for Charging Facilities Based on Shapley Value

With the rapid development of the electric vehicle (EV) industry as a key component of low-carbon transportation, the demand for charging infrastructure has significantly increased. A well-designed pricing mechanism directly influences EV users' charging behavior, the operational efficiency of charging facilities, and grid stability. Existing pricing models, including fixed pricing, time-of-use (TOU) pricing, and dynamic pricing, have limitations in adapting to demand fluctuations and ensuring fairness in cost distribution. This paper proposes a novel pricing mechanism for charging facilities based on the Shapley value, which ensures fair revenue allocation by considering users' contributions. The proposed model aims to enhance grid stability, improve operational efficiency, and create a fairer pricing structure. Empirical analysis using real-world data demonstrates the effectiveness of this approach in balancing grid load and optimizing pricing strategies.

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Publication Details

Published
2025-04-25
DOI
https://doi.org/10.1109/ceepe64987.2025.11034152
Primary Topic
Electric Vehicles and Infrastructure
Type
article
Field-Weighted Citation Impact
0.00

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article

Pricing Mechanism for Charging Facilities Based on Shapley Value

Yunan Wang, D. Y. Lin, Yun Zhou, Yu Jiang et al.
Electric Vehicles and Infrastructure
article

Pricing Mechanism for Charging Facilities Based on Shapley Value

Yunan Wang, D. Y. Lin, Yun Zhou, Yu Jiang, Yifan Cao, Tang Xiao
article en

Abstract

With the rapid development of the electric vehicle (EV) industry as a key component of low-carbon transportation, the demand for charging infrastructure has significantly increased. A well-designed pricing mechanism directly influences EV users' charging behavior, the operational efficiency of charging facilities, and grid stability. Existing pricing models, including fixed pricing, time-of-use (TOU) pricing, and dynamic pricing, have limitations in adapting to demand fluctuations and ensuring fairness in cost distribution. This paper proposes a novel pricing mechanism for charging facilities based on the Shapley value, which ensures fair revenue allocation by considering users' contributions. The proposed model aims to enhance grid stability, improve operational efficiency, and create a fairer pricing structure. Empirical analysis using real-world data demonstrates the effectiveness of this approach in balancing grid load and optimizing pricing strategies.

Shanghai Jiao Tong University (CN)
State Grid Shanghai Municipal Electric Power Company
Openalex Percentile: Top 88%
Electric Vehicles and Infrastructure
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