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Reinforcement Mechanism Design for Electric Vehicle Demand Response in Microgrid Charging Stations

2020· article· en· W3091196590 on OpenAlexaff
Luyang Hou, Shuai Ma, Jun Yan, Chun Wang, Jia Yuan Yu

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldEngineering
TopicSmart Grid Energy Management
Canadian institutionsConcordia University
Fundersnot available
KeywordsReinforcement learningDynamic pricingMarkov decision processRevenueComputer scienceDemand responseRevenue managementElectricity pricingMechanism designElectricityQ-learningLagrangian relaxationMicrogridCharging stationOperations researchMarkov processScheduling (production processes)Electric vehicleElectricity marketMicroeconomicsMathematical optimizationBusinessEconomicsControl (management)EngineeringPower (physics)

Abstract

fetched live from OpenAlex

Reinforcement learning has become an important scheduling solution with many successes in markets with dynamic pricing options, e.g., electric vehicle charging in a deregulated electricity market. However, the highly-uncertain requests and partially-unknown individual preferences remain major challenges to effective demand responses in the user-centric environment. For charging stations who aim to maximize the long-term revenue in this fast-growing market, an accurate estimate of user's sensitivity, or acceptance, of the prices they offered to the potential customers is the key to the success of dynamic pricing. While most existing pricing schemes assume users will consistently follow stable patterns that are observable or inferrable by the charging service provider, it remains crucial to consider how users may be influenced by historic prices they have observed and react strategically to decide optimal charging demands that can maximize their utilities. To overcome this limitation, this paper presents a new framework based on reinforcement mechanism design to determine the optimal charging price in a mechanism design setting, which can optimize the long-term revenue of charging stations as well as the social welfare of users with private utility functions. Specifically, the strategic interaction between the station and users is modelled as a discrete finite Markov decision process, a Q-learning-based dynamic pricing mechanism is proposed to explore how price affects users' demands over a sequence of time. The experiments demonstrate that our pricing mechanism outperforms the predetermined time-of-use pricing in maximizing the long-term revenue of the charging station.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.915
Threshold uncertainty score0.519

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.022
GPT teacher head0.216
Teacher spread0.194 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations10
Published2020
Admission routes1
Has abstractyes

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