Distributed efficient charging coordinations for electric vehicles under progressive second price auction mechanism

Suli Zou, Zhongjing Ma*, Xiangdong Liu

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

8 Citations (Scopus)

Abstract

We designed a distributed charging coordination method for electric vehicles over a multi-time interval with the so-called progressive second price (PSP) auction mechanism which was proposed by Lasar and Semret in order to efficiently allocate the divisible resources among multi agents. The incentive compatibility holds for the auction games under the PSP mechanism. However due to the cross-elastic correlation among the different charging instants, the marginal valuation of an individual agent at each instant is determined by both the demand at this instant and the total demand at the whole interval. This phenomena makes the underlying auction games distinct from those studied in the literature. As a main contribution of the paper, we showed that the efficient bid profile over the multi-time interval is a Nash equilibrium of the auction systems.

Original languageEnglish
Title of host publication2013 IEEE 52nd Annual Conference on Decision and Control, CDC 2013
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages550-555
Number of pages6
ISBN (Print)9781467357173
DOIs
Publication statusPublished - 2013
Event52nd IEEE Conference on Decision and Control, CDC 2013 - Florence, Italy
Duration: 10 Dec 201313 Dec 2013

Publication series

NameProceedings of the IEEE Conference on Decision and Control
ISSN (Print)0743-1546
ISSN (Electronic)2576-2370

Conference

Conference52nd IEEE Conference on Decision and Control, CDC 2013
Country/TerritoryItaly
CityFlorence
Period10/12/1313/12/13

Keywords

  • Auction
  • Efficient charging coordinations
  • Game theory
  • Nash equilibrium
  • Plug-in electric vehicles
  • Progressive second price auction mechanism

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