Abstract
Vehicle-to-vehicle (V2V) energy sharing emerges as a promising solution framework that allows electric vehicles (EVs) to exchange energy, thereby mitigating the strain on existing energy infrastructure, and ultimately reducing overall charging costs. In this research, we investigate a mixed-integer V2V energy exchange problem in the presence of a central aggregator that acts as a non-profit mediator. Subsequently, we construct a combined trading and charge scheduling framework employing the Nash bargaining solution method. The proposed cooperative framework relies on a hierarchical algorithmic strategy to address the energy exchange and payment bargaining game. We devise a decentralized approach using augmented Lagrangian and the alternating direction method of multipliers to achieve a mutually beneficial trading outcome. Through a numerical case study, we demonstrate that energy trading can potentially reduce the total operation cost by up to 14.23 % and interaction with the charging station by 5.48 %.
Original language | English |
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Title of host publication | 2024 IEEE 27th International Conference on Intelligent Transportation Systems, ITSC 2024 |
Publisher | Institute of Electrical and Electronics Engineers Inc. |
Pages | 96-103 |
Number of pages | 8 |
ISBN (Electronic) | 9798331505929 |
DOIs | |
Publication status | Published - 2024 |
Externally published | Yes |
Event | 27th IEEE International Conference on Intelligent Transportation Systems, ITSC 2024 - Edmonton, Canada Duration: Sept 24 2024 → Sept 27 2024 |
Publication series
Name | IEEE Conference on Intelligent Transportation Systems, Proceedings, ITSC |
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ISSN (Print) | 2153-0009 |
ISSN (Electronic) | 2153-0017 |
Conference
Conference | 27th IEEE International Conference on Intelligent Transportation Systems, ITSC 2024 |
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Country/Territory | Canada |
City | Edmonton |
Period | 9/24/24 → 9/27/24 |
Bibliographical note
Publisher Copyright:© 2024 IEEE.
ASJC Scopus Subject Areas
- Automotive Engineering
- Mechanical Engineering
- Computer Science Applications
Keywords
- alternating direction method of multipliers
- augmented Lagrangian
- dual decomposition
- Electric vehicle
- Nash bargaining solution
- vehicle-to-vehicle energy ex-change