Publication:
Multiple Vickrey Auctions for Sustainable Electric Vehicle Charging

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dc.conference.date2019, december, 15-18
dc.conference.placeMunich, Germany
dc.conference.title40th International Conference on Information Systems
dc.contributor.authorValogianni, Konstantina
dc.contributor.authorGupta, Alok
dc.contributor.authorKetter, Wolfgang
dc.contributor.authorSen, Soumya
dc.contributor.authorHeck, Eric van
dc.contributor.rorhttps://ror.org/02jjdwm75
dc.date.accessioned2024-11-12T15:48:52Z
dc.date.available2024-11-12T15:48:52Z
dc.date.issued2019-12
dc.description.abstractElectric vehicles (EVs) are important contributors to a sustainable future. However, uncontrolled EV charging in the smart grid is expected to stress its infrastructure, as it needs to accommodate extra electricity demand coming from EV charging. We propose an auction mechanism to optimally schedule EV charging in a sustainable manner so that the grid is not overloaded. Our solution has lower computational complexity, compared to state-of-the-art mechanisms, making it easily applicable to practice. Our mechanism creates electricity peak demand reduction, which is important for improving sustainability in the grid, and provides optimized charging speed design recommendations so that raw materials are not excessively used. We prove the optimal conditions that must hold, so that different stakeholder objectives are satisfied. We validate our mechanism on real-world data and examine how different trade-offs affect social welfare and revenues, providing a holistic view to grid stakeholders that need to satisfy potentially conflicting objectives.
dc.description.peerreviewedno
dc.description.statusPublished
dc.formatapplication/pdf
dc.identifier.citationValogianni, Konstantina; Gupta, Alok; Ketter, Wolfgang; Sen, Soumya; and van Heck, Eric, "Multiple Vickrey Auctions for Sustainable Electric Vehicle Charging" (2019). ICIS 2019 Proceedings. 1. https://aisel.aisnet.org/icis2019/sustainable_is/sustainable_is/1
dc.identifier.officialurlhttps://aisel.aisnet.org/icis2019/sustainable_is/sustainable_is/1/
dc.identifier.urihttps://hdl.handle.net/20.500.14417/3338
dc.language.isoen
dc.page.total17
dc.publisherInternational Conference on Information Systems (ICIS)
dc.relation.departmentInformation Systems & Technology
dc.relation.entityIE University
dc.relation.schoolIE Business School
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject.keywordElectric mobility
dc.subject.keywordGreen IS
dc.subject.keywordSustainability
dc.subject.keywordIntelligent agents
dc.subject.keywordSmart markets
dc.titleMultiple Vickrey Auctions for Sustainable Electric Vehicle Charging
dc.typeinfo:eu-repo/semantics/conferenceObject
dc.version.typeAccepted
dspace.entity.typePublication
relation.isAuthorOfPublication176a05d2-7442-4e6e-a6da-dcf2f9063787
relation.isAuthorOfPublication.latestForDiscovery176a05d2-7442-4e6e-a6da-dcf2f9063787
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