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- W2551364765 abstract "Summary form only given. Without demand-side management, an increase in the number of electric vehicles (EVs) could result in overloads on distribution feeders. Aggregators could optimally manage the charging/discharging of the EVs, to not only maximize the consumers' welfare in response to real-time prices and accommodate their needs for transportation, but also to keep the distribution network within its operating limits. This paper proposes a decentralized framework in which the aggregator seeks to maximize its profits while the consumers minimize their costs in response to time-varying prices, and additional incentives provided to mitigate potential overloads in the distribution system. Test results show that a large penetration of EV penetration can then be managed without violating the capacity of the distribution network." @default.
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- W2551364765 date "2016-07-01" @default.
- W2551364765 modified "2023-09-26" @default.
- W2551364765 title "Optimal coordination and scheduling of demand response via monetary incentives" @default.
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- W2551364765 doi "https://doi.org/10.1109/pesgm.2016.7741139" @default.
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