A Methodology for Explicit Representation Of The Stochastic Demand Due To Electric Vehicles in Generation Expansion Planning Problems

Authors : Hatice Tekiner Mogulkoc

Pages : 257-263

Doi:10.21541/apjes.821861

View : 30 | Download : 15

Publication Date : 2021-05-28

Article Type : Research

Abstract :Generation expansion planning (GEP) problems are solved to find the optimum investment decisions to satisfy the increasing electricity demand. Integration of electric vehicles (EVs) with the capability of charging from the grid will also increase the electricity demand of the grid. Depending on the charging/driving characteristics of users, demand curves for EVs will be shaped and it will be different on each day. Therefore, it is very crucial to represent this stochastic nature of EVs demand in the associated GEP problems. This paper is proposing a methodology to represent EVs demand realistically on GEP models. The proposed methodology starts with generating random demand patterns to demonstrate possibilities for the EVs demand patterns via Monte Carlo Simulation, then using an optimization-based model to select a representative set. Two stage stochastic programming model is proposed for GEP problems and solved to minimize the expected cost over the entire set, the representative set and the average EVs demand. The results show that GEP models with selected demand curves produce more realistic decisions (closer to the solutions obtained by using the entire demand patterns) than the decisions obtained by the models with average EVs demand. In most cases, the models using average EVs demand fail to capture the new peaks generated by EVs, therefore, they suggest less capacity expansion then the required amount. This results in more unmet demand in the system.
Keywords : Generation Expansion Planning, Electric Vehicles, Demand Stochasticity, Monte-Carlo Simulation