Abstract:

A major contributor towards the smartness of any city is its people and the consideration of the benefits of the drivers becomes a key aspect in rolling out the EV charging management techniques. Therefore, in order to incorporate the preferences and behaviour of the citizens, which are the EV drivers in this case, time and cost based indicators have been developed to incorporate the response of the driver in the problem formulation for the profit maximization of the aggregator. The formulation of the multi-aggregator profit maximization along with the inclusion of driver parameters has been presented in decentralized and centralized control. A comparison in the performance of these two approaches, i.e. EVCS and BSS has been presented and their collective advantages and shortcomings have been discussed. The response of the EV driver has been evaluated for both schemes under centralized and decentralized control.