Co-optimizing Consumption and EV Charging under Net Energy Metering

Fuente: arXiv
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Main Authors: Jeon, Minjae, Tong, Lang, Zhao, Qing
Format: Preprint
Published: 2022
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author Jeon, Minjae
Tong, Lang
Zhao, Qing
author_facet Jeon, Minjae
Tong, Lang
Zhao, Qing
contents We consider the co-optimization of flexible household consumption, electric vehicle charging, and behind-the-meter distributed energy resources under the net energy metering tariff. Using a stochastic dynamic programming formulation, we show that the solution to the dynamic programming co-optimization is a procrastination threshold policy that delays and minimizes electricity purchasing for EV charging in each time interval. The policy thresholds can be computed off-line, simplifying the continuous action space dynamic optimization to decoupled closed-form charging and consumption decisions. Empirical studies using renewable, consumption, and EV data demonstrate the benefits of co-optimization.
format Preprint
id arxiv_https___arxiv_org_abs_2211_11088
institution arXiv
publishDate 2022
record_format arxiv
spellingShingle Co-optimizing Consumption and EV Charging under Net Energy Metering
Jeon, Minjae
Tong, Lang
Zhao, Qing
Systems and Control
We consider the co-optimization of flexible household consumption, electric vehicle charging, and behind-the-meter distributed energy resources under the net energy metering tariff. Using a stochastic dynamic programming formulation, we show that the solution to the dynamic programming co-optimization is a procrastination threshold policy that delays and minimizes electricity purchasing for EV charging in each time interval. The policy thresholds can be computed off-line, simplifying the continuous action space dynamic optimization to decoupled closed-form charging and consumption decisions. Empirical studies using renewable, consumption, and EV data demonstrate the benefits of co-optimization.
title Co-optimizing Consumption and EV Charging under Net Energy Metering
topic Systems and Control
url https://arxiv.org/abs/2211.11088