A novel dynamic pricing scheme for a large-scale electric vehicle sharing network considering vehicle relocation and vehicle-grid-integration

With promising benefits such as traffic emission reduction, traffic congestion alleviation, and parking problem solving, Electric Vehicle (EV) sharing systems have attracted large attentions in recent years. Different from other business modes, customers in sharing economy systems are usually price sensitive. Therefore, it is possible to shift the usage of shared EVs through a well-designed Dynamic Pricing Scheme (DPS), with the objective of maximizing the system operator's total profit. In this study, the authors propose a novel DPS for a large-scale EV-sharing network to address the EV unbalancing issue and satisfy the vehicle-grid-integration (VGI) service based on accurate station-level demand prediction. The proposed DPS is formulated as a complex optimization problem, which includes two Price Adjustment Level (PAL) decision variables for every origin-destination pair of stations. The two PALs are employed to affect the EV-sharing demand and travel time between each station pair, respectively. Physical and operational constraints from both EV demand and VGI service aspects are also included in the proposed model. Two case study are conducted to validate the effectiveness of the proposed method.

• Record URL:
  https://doi.org/10.1016/j.ijpe.2019.06.020
• Record URL:
  http://www.sciencedirect.com/science/article/pii/S0925527319302348
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/09255273
• Supplemental Notes:
  • © 2019 Published by Elsevier B.V. Abstract reprinted with permission of Elsevier.
• Authors:
  • Ren, Shuyun
  • Luo, Fengji
  • Lei, Lin
  • Hsu, Shu-Chien
  • Li, Xuran Ivan
• Publication Date: 2019-12

Language

• English

Media Info

• Media Type: Web
• Features: Appendices; Figures; References; Tables;
• Pagination: pp 339-351
• Serial:
  • International Journal of Production Economics
  • Volume: 218
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 0925-5273
  • Serial URL: http://www.sciencedirect.com/science/journal/09255273

Subject/Index Terms

• TRT Terms: Case studies; Electric vehicles; Location; Mathematical models; Networks; Pricing; Vehicle sharing
• Candidate Terms: Vehicle infrastructure integration
• Uncontrolled Terms: Dynamic pricing
• Subject Areas: Energy; Finance; Highways; Operations and Traffic Management; Vehicles and Equipment;

Filing Info

• Accession Number: 01711755
• Record Type: Publication
• Files: TRIS
• Created Date: Jul 22 2019 8:00AM