Balancing trade-offs in coordinated PHEV charging with continuous market-based control

Abstract

As the use of Plug-in Hybrid Electrical Vehicles is expected to rise, their rather high energy consumption and long charging times has the potential to impact power grid stability. While coordinated charging is generally considered the answer to such issues, often overlooked aspects in coordination schemes are reliability, fault tolerance and ease of implementation. In our research we adapt an existing market-based multi-agent coordination scheme to a real-world environment. The step from time-slots to an asynchronous and continuously moving scheme brings it closer to how an effective implementation would work and offers advantages regarding agent communication load and response time.