Effects of Smart Charging of Multiple Electric Vehicles in Reducing Power Generation Fuel Cost

The high penetration of variable sources of renewable power generation will lead to operational difficulties in supply/demand balancing in the entire power system. The mass deployment of electric vehicles (EVs) and plug‐in hybrid vehicles (PHEVs) will also cause significant changes in electricity demand. Therefore, controlling and managing the charging time of EVs/PHEVs are effective approaches that are imperative for improving balancing in power system operation. We assumed travel patterns for EVs in a model of the future Tokyo power system and analyzed the power system loads, including the charging load of the EVs, under several charging control scenarios. We verified that charging time controls are substantially effective for reducing the fuel costs in the power system. Further, we found that load leveling under a multicar charging management scenario gave the best results in terms of the fuel costs in all cases.