Learning and Optimization for Price-based Demand Response of Electric Vehicle Charging
<|reference_start|>Learning and Optimization for Price-based Demand Response of Electric Vehicle Charging: In the context of charging electric vehicles (EVs), the price-based demand response (PBDR) is becoming increasingly significant for charging load management. Such response usually encourages cost-sensitive customers to adjust their energy demand in response to changes in price for financial incentives. Thus, to model and optimize EV charging, it is important for charging station operator to model the PBDR patterns of EV customers by precisely predicting charging demands given price signals. Then the operator refers to these demands to optimize charging station power allocation policy. The standard pipeline involves offline fitting of a PBDR function based on historical EV charging records, followed by applying estimated EV demands in downstream charging station operation optimization. In this work, we propose a new decision-focused end-to-end framework for PBDR modeling that combines prediction errors and downstream optimization cost errors in the model learning stage. We evaluate the effectiveness of our method on a simulation of charging station operation with synthetic PBDR patterns of EV customers, and experimental results demonstrate that this framework can provide a more reliable prediction model for the ultimate optimization process, leading to more effective optimization solutions in terms of cost savings and charging station operation objectives with only a few training samples.<|reference_end|>
@article{gu2024learning,
    title={Learning and Optimization for Price-based Demand Response of Electric
  Vehicle Charging},
    author={Chengyang Gu, Yuxin Pan, Ruohong Liu, Yize Chen},
    journal={arXiv preprint arXiv:2404.10311},
    year={2024},
    archivePrefix={arXiv},
    eprint={2404.10311},
    primaryClass={eess.SY cs.AI cs.SY}
}