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Preprint (Author's original)arXiv.org - Non-exclusive license to distribute, Open
Preprint
Electric Vehicle Valet
arXiv.org
15 Nov 2018
Abstract
We propose a novel way to use Electric Vehicles (EVs) as dynamic mobile
energy storage with the goal to support grid balancing during peak load times.
EVs seeking parking in a busy/expensive inner city area, can get free parking
with a valet company in exchange for being utilized for grid support. The valet
company would have an agreement with the local utility company to receive
varying rewards for discharging EVs at designated times and locations of need
(say, where power lines are congested). Given vehicle availabilities, the valet
company would compute an optimal schedule of which vehicle to utilize where and
when so as to maximize rewards collected. Our contributions are a detailed
description of this new concept along with supporting theory to bring it to
fruition. On the theory side, we provide new hardness results, as well as
efficient algorithms with provable performance guarantees that we also test
empirically.
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Details
- Title
- Electric Vehicle Valet
- Creators
- Ali KhodabakhshOrestis PapadigenopoulosJannik MatuschkeJimmy HornEvdokia NikolovaEmmanouil Pountourakis
- Publication Details
- arXiv.org
- Resource Type
- Preprint
- Language
- English
- Academic Unit
- Computer Science (Computing)
- Other Identifier
- 991021869009004721