Valuing Plug-In Hybrid Electric Vehicles' Battery Capacity Using a Real Options Framework

2009 ◽  
Author(s):  
Derek Lemoine
Keyword(s):  
Real Options ◽  
Electric Vehicles ◽  
Hybrid Electric Vehicles ◽  
Battery Capacity ◽  
Hybrid Electric

scholarly journals Swarm Intelligence-Based Smart Energy Allocation Strategy for Charging Stations of Plug-In Hybrid Electric Vehicles

2015 ◽  
Vol 2015 ◽  
pp. 1-10 ◽  
Author(s):  
Imran Rahman ◽  
Pandian M. Vasant ◽  
Balbir Singh Mahinder Singh ◽  
M. Abdullah-Al-Wadud
Keyword(s):  
Electric Vehicles ◽  
Hybrid Electric Vehicles ◽  
Optimization Techniques ◽  
Allocation Strategy ◽  
Technical Problems ◽  
Highly Nonlinear ◽  
Battery Capacity ◽  
Smart Charging ◽  
Hybrid Electric ◽  
Charging Stations

Recent researches towards the use of green technologies to reduce pollution and higher penetration of renewable energy sources in the transportation sector have been gaining popularity. In this wake, extensive participation of plug-in hybrid electric vehicles (PHEVs) requires adequate charging allocation strategy using a combination of smart grid systems and smart charging infrastructures. Daytime charging stations will be needed for daily usage of PHEVs due to the limited all-electric range. Intelligent energy management is an important issue which has already drawn much attention of researchers. Most of these works require formulation of mathematical models with extensive use of computational intelligence-based optimization techniques to solve many technical problems. In this paper, gravitational search algorithm (GSA) has been applied and compared with another member of swarm family, particle swarm optimization (PSO), considering constraints such as energy price, remaining battery capacity, and remaining charging time. Simulation results obtained for maximizing the highly nonlinear objective function evaluate the performance of both techniques in terms of best fitness.

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