Risk-based operation of plug-in electric vehicles in a microgrid using downside risk constraints method
by Liang Ran; Jian Yu; Zhiwen Ma; Caiyan Liu
International Journal of Vehicle Information and Communication Systems (IJVICS), Vol. 9, No. 4, 2024

Abstract: To achieve the benefits as much as possible, it is required to identify the available PEV capacity and prepare scheduling plans based on that. The analysis revealed that the risk-based scheduling of the microgrid could reduce the financial risk completely from $9.89 to $0.00 and increases the expected operation cost by 24% from $91.38 to $112.94, in turn. This implies that the risk-averse decision-maker tends to spend more money to reduce the expected risk-in-cost by using the proposed downside risk management technique. At the end, by the help of fuzzy satisfying method, the suitable risk-averse strategy is determined for the studied case.

Online publication date: Mon, 07-Oct-2024

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