Demand Response for Optimisation of Power Systems Demand Due to EV Charging Load

This paper presents a novel demand response program for optimising power systems demand due to electric vehicle charging load. Based on a mathematical solution to the problem of power systems demand optimization, a demand response program which includes multiple tariffs for different groups of customers is proposed. This program takes into account consumer behaviour with and without external incentives (e.g. time-varying electricity prices). It also prices electricity over 24 hours according to the wholesale market energy price which reflects the generation marginal cost. A comparative study is carried out to evaluate the performance of the program. Three scenarios are considered, i.e. standard tariff, single-tariff and multi-tariff programs. The results show that the multi-tariff program could help utilities reduce daily cost by 1.5% and help customers save electricity bills by 7% compared to the standard tariff.