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An Online Mechanism for Multi-speed Electric Vehicle Charging

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Auctions, Market Mechanisms, and Their Applications (AMMA 2011)

Abstract

As plug-in electric vehicles become more widespread, their charging needs to be coordinated, in order to ensure that capacity constraints are not exceeded. This is becoming particularly critical as new fast-charging technologies are being developed that place additional burden on local transformers. To address this problem, we propose a novel online mechanism in which agents representing vehicle owners are incentivised to be truthful not only about their marginal valuations for electricity units, but also about their arrival, departure and maximum charging speeds. The work extends the state of the art in several ways. We develop an online, model-free mechanism that handles multi-unit demand per period, thus accommodating vehicles with heterogeneous and flexible charging speeds; we provide competitive worst-case bounds for our mechanism; finally, we simulate the proposed online mechanism using data from a real-world trial of electric vehicles in the UK, showing that using fast charging leads to significant cost savings.

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© 2012 ICST Institute for Computer Science, Social Informatics and Telecommunications Engineering

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Robu, V., Stein, S., Gerding, E.H., Parkes, D.C., Rogers, A., Jennings, N.R. (2012). An Online Mechanism for Multi-speed Electric Vehicle Charging. In: Coles, P., Das, S., Lahaie, S., Szymanski, B. (eds) Auctions, Market Mechanisms, and Their Applications. AMMA 2011. Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering, vol 80. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-30913-7_22

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  • DOI: https://doi.org/10.1007/978-3-642-30913-7_22

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-30912-0

  • Online ISBN: 978-3-642-30913-7

  • eBook Packages: Computer ScienceComputer Science (R0)

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