Abstract
In this paper, we investigate the price competition among electric vehicle charging stations (EVCSs) with renewable power generators (RPGs). Both a large-sized EVCS (L-EVCS) and small-sized EVCSs (S-EVCSs), which have different capacities, are considered. Moreover, the price elasticity of electric vehicles (EVs), the effect of the distance between an EV and the EVCSs, and the impact of the number and type of charging outlets at the EVCSs on the behavior of EVs are taken into account. The electricity demand of the EVCSs is modeled and analyzed using a multiplicatively weighted Voronoi diagram. The price competition between EVCSs is studied by using a Stackelberg game and the electricity price is determined. Through simulations, the correctness of our analysis is validated and the payoff of the EVCSs is examined for various environments. Our results reveal that although the payoff of the EVCSs is generally small, it is higher than when the electricity from the RPGs is directly sold to the power grid. We also find that the payoff of the EVCSs is significantly affected by the elasticity of the electricity demand of the EVs. Furthermore, the payoff of the L-EVCS is inversely proportional to that of the S-EVCSs.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
