Shared Autonomous Electric Vehicles:
The success of modern ride-sharing platforms crucially depends on the profit of the ride-sharing fleet operating companies, and how efficiently the resources are managed. Further, ride-sharing allows sharing costs and, hence, reduces the congestion and emission by making better use of vehicle capacities. The figure alongside depicts the improved performance of proposed strategy, DeepPool, for ride-sharing. The number of customers accepted are higher for same number of vehicles used and ride-sharing improves the costs, travel times, and number of customers served.
Pricing for Electric Vehicle Charging:
Electric Vehicles (EVs) have several advantages over the traditional gasoline powered
vehicles. For example, EVs are more environment friendly and more energy efficient. However, a wide
deployment of EVs requires an extensive network of charging stations which can be capable of charging large
number of vehicles. Thus, the profitability of the stations becomes important. We proposed a novel menu-based
pricing mechanism where a menu for different options of the amount of charge, waiting time in the
charging station, and the amount of car battery that can be utilized for Vehicle-to-Grid (V2G) participation
is provided to the user (as shown alongside). The pricing mechanism is easy to implement and is preferable as compared to the
auction mechanisms in such markets. The optimal price menus for socially welfare and profit maximizing
objectives are derived.
- A. Ghosh and V. Aggarwal, "Menu-Based Pricing for Charging of Electric Vehicles with Vehicle-to-Grid Service," IEEE Transactions on Vehicular Technology, vol. 67, no. 11, pp. 10268-10280, Nov. 2018.
- Arnob Ghosh and V. Aggarwal, "Control of Charging of Electric Vehicles through Menu-Based Pricing," IEEE Transactions on Smart Grid, vol. 9, no. 6, pp. 5918-5929, Nov. 2018.
- Arnob Ghosh and V. Aggarwal, “Menu-Based Pricing for Profitable Electric Vehicle Charging with Vehicle-to-Grid Service,” in Proc. IEEE SPCOM, Jul 2018.
- A. Ghosh and V. Aggarwal, "Electric Vehicle Charging with Menu-Based Pricing," in Proc. IEEE ICC (SAC Symposium Communications for the Smart Grid), May 2017.
Blockchain for Energy Exchange:
The continuing proliferation of the distributed energy resources
(e.g., PV arrays, solar rooftops, energy storage units)
have transformed the notion of traditional users of energy.
The consumers can now also produce, and reduce the burden
of the grid. Other users can buy the energy directly from
those intermittent sellers. We denote the consumers with the
capability of producing energies as prosumers. The prosumers can exchange necessary energies among themselves. The proliferation
of the secure distributed database such as blockchain
can facilitate such an exchange. Such local exchange is also
useful as the transmission loss will be lower as compared to
the scenario where the grid has to serve the users. The figure alongside (taken from http://adgefficiency.com/blockchain-energy-part-one/) indicates the modern change in the energy systems, where the prosumers can share resources in a local market (e.g., blockchain) in addition to the central market with the grid. In such setup, a proper distributed incentive-based mechanisms are essential, which is the focus of our research.
- A. Ghosh, V. Aggarwal, and H. Wan, "Strategic Prosumers: How to set the prices Dynamically in a Tiered Market?," Accepted to IEEE Transactions on Industrial Informatics, Nov 2018.