A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions

Juan S. Giraldo; Nataly Bañol Arias; Edgar Mauricio Salazar Duque; Johann L. Hurink; Gerwin Hoogsteen

doi:10.1109/ISGT-Europe54678.2022.9960542

A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions

Juan S. Giraldo, Nataly Bañol Arias, Edgar Mauricio Salazar Duque, Johann L. Hurink, Gerwin Hoogsteen

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

2 Citations (Scopus)

17 Downloads (Pure)

Abstract

Compensation mechanisms are used to counterbalance the discomfort suffered by users due to quality service issues. Such mechanisms are currently used for different purposes in the electrical power and energy sector, e.g., power quality and reliability. This paper proposes a compensation mechanism using EV flexibility management of a set of charging sessions managed by a charging point operator (CPO). Users’ preferences and bilateral agreements with the CPO are modelled via discrete utility functions for the energy not served. A mathematical proof of the proposed compensation mechanism is given and applied to a test scenario using historical data from an office building with a parking lot in the Netherlands. Synthetic data for 400 charging sessions was generated using multivariate elliptical copulas to capture the complex dependency structures in EV charging data. Numerical results validate the usefulness of the proposed compensation mechanism as an attractive measure both for the CPO and the users in case of energy not served.

Original language	English
Title of host publication	2022 IEEE PES Innovative Smart Grid Technologies Conference Europe (ISGT-Europe)
Number of pages	5
ISBN (Electronic)	978-1-6654-8032-1
DOIs	https://doi.org/10.1109/ISGT-Europe54678.2022.9960542
Publication status	Published - 28 Nov 2022
Event	2022 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe - University of Novi Sad, Novi Sad, Serbia Duration: 10 Oct 2022 → 12 Oct 2022 https://ieee-isgt-europe.org/

Conference

Conference	2022 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe
Abbreviated title	ISGT Europe 2022
Country/Territory	Serbia
City	Novi Sad
Period	10/10/22 → 12/10/22
Internet address	https://ieee-isgt-europe.org/

Keywords

22/4 OA procedure

Access to Document

10.1109/ISGT-Europe54678.2022.9960542

ArticleFinal published version, 2.27 MBLicence: Taverne

2 Citations
1 Preprint

A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions
Giraldo, J. S., Bañol Arias, N., Duque, E. M. S., Hoogsteen, G. & Hurink, J. L., 31 May 2022, ArXiv.org, 6 p.
Research output: Working paper › Preprint › Academic

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Cite this

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title = "A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions",

abstract = "Compensation mechanisms are used to counterbalance the discomfort suffered by users due to quality service issues. Such mechanisms are currently used for different purposes in the electrical power and energy sector, e.g., power quality and reliability. This paper proposes a compensation mechanism using EV flexibility management of a set of charging sessions managed by a charging point operator (CPO). Users{\textquoteright} preferences and bilateral agreements with the CPO are modelled via discrete utility functions for the energy not served. A mathematical proof of the proposed compensation mechanism is given and applied to a test scenario using historical data from an office building with a parking lot in the Netherlands. Synthetic data for 400 charging sessions was generated using multivariate elliptical copulas to capture the complex dependency structures in EV charging data. Numerical results validate the usefulness of the proposed compensation mechanism as an attractive measure both for the CPO and the users in case of energy not served.",

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author = "Giraldo, {Juan S.} and {Ba{\~n}ol Arias}, Nataly and Duque, {Edgar Mauricio Salazar} and Hurink, {Johann L.} and Gerwin Hoogsteen",

note = "Funding Information: This work was supported by the Netherlands Enterprise Agency (RVO) DEI+ project 120037 and by the Dutch ministries of EZK and BKZ project MOOI32005. Publisher Copyright: {\textcopyright} 2022 IEEE.; 2022 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe, ISGT Europe 2022 ; Conference date: 10-10-2022 Through 12-10-2022",

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day = "28",

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Giraldo, JS, Bañol Arias, N, Duque, EMS, Hurink, JL & Hoogsteen, G 2022, A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions. in 2022 IEEE PES Innovative Smart Grid Technologies Conference Europe (ISGT-Europe). 2022 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe, Novi Sad, Serbia, 10/10/22. https://doi.org/10.1109/ISGT-Europe54678.2022.9960542

A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions. / Giraldo, Juan S.; Bañol Arias, Nataly; Duque, Edgar Mauricio Salazar et al.
2022 IEEE PES Innovative Smart Grid Technologies Conference Europe (ISGT-Europe). 2022.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

TY - GEN

T1 - A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions

AU - Giraldo, Juan S.

AU - Bañol Arias, Nataly

AU - Duque, Edgar Mauricio Salazar

AU - Hurink, Johann L.

AU - Hoogsteen, Gerwin

N1 - Funding Information: This work was supported by the Netherlands Enterprise Agency (RVO) DEI+ project 120037 and by the Dutch ministries of EZK and BKZ project MOOI32005. Publisher Copyright: © 2022 IEEE.

PY - 2022/11/28

Y1 - 2022/11/28

N2 - Compensation mechanisms are used to counterbalance the discomfort suffered by users due to quality service issues. Such mechanisms are currently used for different purposes in the electrical power and energy sector, e.g., power quality and reliability. This paper proposes a compensation mechanism using EV flexibility management of a set of charging sessions managed by a charging point operator (CPO). Users’ preferences and bilateral agreements with the CPO are modelled via discrete utility functions for the energy not served. A mathematical proof of the proposed compensation mechanism is given and applied to a test scenario using historical data from an office building with a parking lot in the Netherlands. Synthetic data for 400 charging sessions was generated using multivariate elliptical copulas to capture the complex dependency structures in EV charging data. Numerical results validate the usefulness of the proposed compensation mechanism as an attractive measure both for the CPO and the users in case of energy not served.

AB - Compensation mechanisms are used to counterbalance the discomfort suffered by users due to quality service issues. Such mechanisms are currently used for different purposes in the electrical power and energy sector, e.g., power quality and reliability. This paper proposes a compensation mechanism using EV flexibility management of a set of charging sessions managed by a charging point operator (CPO). Users’ preferences and bilateral agreements with the CPO are modelled via discrete utility functions for the energy not served. A mathematical proof of the proposed compensation mechanism is given and applied to a test scenario using historical data from an office building with a parking lot in the Netherlands. Synthetic data for 400 charging sessions was generated using multivariate elliptical copulas to capture the complex dependency structures in EV charging data. Numerical results validate the usefulness of the proposed compensation mechanism as an attractive measure both for the CPO and the users in case of energy not served.

KW - 22/4 OA procedure

U2 - 10.1109/ISGT-Europe54678.2022.9960542

DO - 10.1109/ISGT-Europe54678.2022.9960542

M3 - Conference contribution

BT - 2022 IEEE PES Innovative Smart Grid Technologies Conference Europe (ISGT-Europe)

T2 - 2022 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe

Y2 - 10 October 2022 through 12 October 2022

ER -

A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions

Abstract

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Research output

A Compensation Mechanism for EV Flexibility Services using Discrete Utility Functions

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