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Game Theory Meeting Vehicle-to-Grid Regulation: Past, Present, and Future

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Synonyms

Frequency regulation; Game theory; Vehicle-to-grid

Definition

Vehicle-to-grid (V2G) regulation services are services in which plug-in electric vehicles, such as battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), or hydrogen fuel cell electric vehicles (FCEVs), communicate with the power grid so as to provide frequency regulation services to the grid by manipulating their charging or discharging rates.

Past: Historical Background

Electric Vehicle and Vehicle-to-Grid Regulation Services

Due to the worldwide concerns on global warming, many countries have established green policies to restrain the greenhouse gas emissions, such as promoting electric vehicles (EVs). Based on the report of EV sales in 2018 (Bloomberg New Energy Finance 2018), the sales of EVs will increase from 1.1 million cars worldwide in 2017 to 11 million cars in 2025 and then toward 30 million cars in 2030 (as shown in Fig. 1) as EVs become cheaper than internal combustion engine...

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Acknowledgments

This research is supported in part by the Research Grants Council, Hong Kong Special Administrative Region, China (Project No. 17261416).

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Correspondence to Ka-Cheong Leung .

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Chen, X., Leung, KC. (2018). Game Theory Meeting Vehicle-to-Grid Regulation: Past, Present, and Future. In: Shen, X., Lin, X., Zhang, K. (eds) Encyclopedia of Wireless Networks. Springer, Cham. https://doi.org/10.1007/978-3-319-32903-1_251-1

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  • DOI: https://doi.org/10.1007/978-3-319-32903-1_251-1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-32903-1

  • Online ISBN: 978-3-319-32903-1

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