IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v188y2019ics0360544219317797.html
   My bibliography  Save this article

Stochastic parking energy pricing strategies to promote competition arena in an intelligent parking

Author

Listed:
  • Bagherzade, Shima
  • Hooshmand, Rahmat-Allah
  • Firouzmakan, Pouya
  • Khodabakhshian, Amin
  • Gholipour, Mehdi

Abstract

The use of storage systems has recently been increased to cope with the uncertainties related to renewable energy sources and also to increase the flexibility required for applying energy management system. Energy management system is considered as a key factor to enhance the effective performance of Microgrids regarding energy demand boosting. Since any parking lot with electric vehicles can participate in distribution systems as a storage unit, this paper employs a new technique for parking management system to develop competition between electric vehicles owners inside the parking lot. Parking lot is responsible to support energy management system to decrease the operation cost and to increase the reliability in grid-connected and islanding modes of Microgrid. The new method considers the stochastic behaviors of electric vehicles, including their arrivals and departures with their bids. The strategy of energy management system is based on determining the output power of generation units and the operation mode of the parking lot. This system also provides the demand response programs to consumers for load shifting. A multi-objective optimization problem is used to optimize both the operation cost and the reliability of the Microgrid. The capability of the proposed algorithm is verified by simulation results.

Suggested Citation

  • Bagherzade, Shima & Hooshmand, Rahmat-Allah & Firouzmakan, Pouya & Khodabakhshian, Amin & Gholipour, Mehdi, 2019. "Stochastic parking energy pricing strategies to promote competition arena in an intelligent parking," Energy, Elsevier, vol. 188(C).
    • Handle: RePEc:eee:energy:v:188:y:2019:i:c:s0360544219317797
    DOI: 10.1016/j.energy.2019.116084
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544219317797
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2019.116084?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Soares, João & Ghazvini, Mohammad Ali Fotouhi & Borges, Nuno & Vale, Zita, 2017. "Dynamic electricity pricing for electric vehicles using stochastic programming," Energy, Elsevier, vol. 122(C), pages 111-127.
    2. Hu, Zechun & Zhan, Kaiqiao & Zhang, Hongcai & Song, Yonghua, 2016. "Pricing mechanisms design for guiding electric vehicle charging to fill load valley," Applied Energy, Elsevier, vol. 178(C), pages 155-163.
    3. Motevasel, Mehdi & Seifi, Ali Reza & Niknam, Taher, 2013. "Multi-objective energy management of CHP (combined heat and power)-based micro-grid," Energy, Elsevier, vol. 51(C), pages 123-136.
    4. Bornapour, Mosayeb & Hooshmand, Rahmat-Allah, 2015. "An efficient scenario-based stochastic programming for optimal planning of combined heat, power, and hydrogen production of molten carbonate fuel cell power plants," Energy, Elsevier, vol. 83(C), pages 734-748.
    5. Firouzmakan, Pouya & Hooshmand, Rahmat-Allah & Bornapour, Mosayeb & Khodabakhshian, Amin, 2019. "A comprehensive stochastic energy management system of micro-CHP units, renewable energy sources and storage systems in microgrids considering demand response programs," Renewable and Sustainable Energy Reviews, Elsevier, vol. 108(C), pages 355-368.
    6. Vahidinasab, V. & Jadid, S., 2010. "Joint economic and emission dispatch in energy markets: A multiobjective mathematical programming approach," Energy, Elsevier, vol. 35(3), pages 1497-1504.
    7. Liu, Liansheng & Kong, Fanxin & Liu, Xue & Peng, Yu & Wang, Qinglong, 2015. "A review on electric vehicles interacting with renewable energy in smart grid," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 648-661.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Güven, Aykut Fatih, 2024. "Integrating electric vehicles into hybrid microgrids: A stochastic approach to future-ready renewable energy solutions and management," Energy, Elsevier, vol. 303(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zou, Wenke & Sun, Yongjun & Gao, Dian-ce & Zhang, Xu & Liu, Junyao, 2023. "A review on integration of surging plug-in electric vehicles charging in energy-flexible buildings: Impacts analysis, collaborative management technologies, and future perspective," Applied Energy, Elsevier, vol. 331(C).
    2. Firouzmakan, Pouya & Hooshmand, Rahmat-Allah & Bornapour, Mosayeb & Khodabakhshian, Amin, 2019. "A comprehensive stochastic energy management system of micro-CHP units, renewable energy sources and storage systems in microgrids considering demand response programs," Renewable and Sustainable Energy Reviews, Elsevier, vol. 108(C), pages 355-368.
    3. Syed Ali Abbas Kazmi & Muhammad Khuram Shahzad & Akif Zia Khan & Dong Ryeol Shin, 2017. "Smart Distribution Networks: A Review of Modern Distribution Concepts from a Planning Perspective," Energies, MDPI, vol. 10(4), pages 1-47, April.
    4. Adil Amin & Wajahat Ullah Khan Tareen & Muhammad Usman & Haider Ali & Inam Bari & Ben Horan & Saad Mekhilef & Muhammad Asif & Saeed Ahmed & Anzar Mahmood, 2020. "A Review of Optimal Charging Strategy for Electric Vehicles under Dynamic Pricing Schemes in the Distribution Charging Network," Sustainability, MDPI, vol. 12(23), pages 1-28, December.
    5. Liang, Yanni & Zhang, Xingping, 2018. "Battery swap pricing and charging strategy for electric taxis in China," Energy, Elsevier, vol. 147(C), pages 561-577.
    6. Ji, Zhenya & Huang, Xueliang, 2018. "Plug-in electric vehicle charging infrastructure deployment of China towards 2020: Policies, methodologies, and challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 710-727.
    7. Qi, Wei & Shen, Bo & Zhang, Hongcai & Shen, Zuo-Jun Max, 2017. "Sharing demand-side energy resources - A conceptual design," Energy, Elsevier, vol. 135(C), pages 455-465.
    8. Phillip K. Agbesi & Rico Ruffino & Marko Hakovirta, 2023. "The development of sustainable electric vehicle business ecosystems," SN Business & Economics, Springer, vol. 3(8), pages 1-59, August.
    9. Østergaard, P.A. & Lund, H. & Thellufsen, J.Z. & Sorknæs, P. & Mathiesen, B.V., 2022. "Review and validation of EnergyPLAN," Renewable and Sustainable Energy Reviews, Elsevier, vol. 168(C).
    10. Shafqat Jawad & Junyong Liu, 2020. "Electrical Vehicle Charging Services Planning and Operation with Interdependent Power Networks and Transportation Networks: A Review of the Current Scenario and Future Trends," Energies, MDPI, vol. 13(13), pages 1-24, July.
    11. Alqahtani, Mohammed & Hu, Mengqi, 2022. "Dynamic energy scheduling and routing of multiple electric vehicles using deep reinforcement learning," Energy, Elsevier, vol. 244(PA).
    12. Géremi Gilson Dranka & Paula Ferreira, 2020. "Electric Vehicles and Biofuels Synergies in the Brazilian Energy System," Energies, MDPI, vol. 13(17), pages 1-22, August.
    13. Martínez-Lao, Juan & Montoya, Francisco G. & Montoya, Maria G. & Manzano-Agugliaro, Francisco, 2017. "Electric vehicles in Spain: An overview of charging systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 970-983.
    14. Laura Canale & Anna Rita Di Fazio & Mario Russo & Andrea Frattolillo & Marco Dell’Isola, 2021. "An Overview on Functional Integration of Hybrid Renewable Energy Systems in Multi-Energy Buildings," Energies, MDPI, vol. 14(4), pages 1-33, February.
    15. Bhowmik, Chiranjib & Bhowmik, Sumit & Ray, Amitava & Pandey, Krishna Murari, 2017. "Optimal green energy planning for sustainable development: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 71(C), pages 796-813.
    16. Soares, J. & Silva, M. & Sousa, T. & Vale, Z. & Morais, H., 2012. "Distributed energy resource short-term scheduling using Signaled Particle Swarm Optimization," Energy, Elsevier, vol. 42(1), pages 466-476.
    17. Riccardo Iacobucci & Benjamin McLellan & Tetsuo Tezuka, 2018. "The Synergies of Shared Autonomous Electric Vehicles with Renewable Energy in a Virtual Power Plant and Microgrid," Energies, MDPI, vol. 11(8), pages 1-20, August.
    18. Liang, Yanan & Kleijn, René & Tukker, Arnold & van der Voet, Ester, 2022. "Material requirements for low-carbon energy technologies: A quantitative review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 161(C).
    19. Cui, Yunfei & Geng, Zhiqiang & Zhu, Qunxiong & Han, Yongming, 2017. "Review: Multi-objective optimization methods and application in energy saving," Energy, Elsevier, vol. 125(C), pages 681-704.
    20. Nor Liza Tumeran & Siti Hajar Yusoff & Teddy Surya Gunawan & Mohd Shahrin Abu Hanifah & Suriza Ahmad Zabidi & Bernardi Pranggono & Muhammad Sharir Fathullah Mohd Yunus & Siti Nadiah Mohd Sapihie & Asm, 2023. "Model Predictive Control Based Energy Management System Literature Assessment for RES Integration," Energies, MDPI, vol. 16(8), pages 1-27, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:188:y:2019:i:c:s0360544219317797. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.