PV-Powered Charging Station with Energy Cost Optimization via V2G Services

Abstract

Satisfying the increased power demand of electric vehicles (EVs) charged by clean energy sources will become an important aspect that impacts the sustainability and the carbon emissions of the smart grid. A photovoltaic (PV)-powered charging station (PVCS) formed by PV modules and a stationary storage system with a public grid connection can provide cost-efficient and reliable charging strategies for EV batteries. Moreover, the utilization of vehicle-to-grid (V2G) service is a promising solution, as EVs spend most of their time idle in charging stations. As a result, V2G services have the potential to provide advantages to both public grid operators and EV users. In this paper, an energy management algorithm of a PVCS formulated with mixed-integer linear programming is presented to minimize the total energy cost of the participation of EV users in V2G service. Simulation results demonstrate that the proposed optimization method satisfies EV user demands while providing V2G service and highlights the benefits of the V2G service where the determined costs of the proposed algorithm perform significantly better compared to the baseline scenario (simulation without optimization).