The number of Electric Vehicles (EVs) and consequently their penetration level into urban society is increasing which has imperatively reinforced the need for a joint stochastic operational planning of Transportation Network (TN) and Power Distribution Network (PDN). This paper solves a stochastic multi-agent simulation-based model with the objective of minimizing the total cost of interdependent TN and PDN systems. Capturing the temporally dynamic inter-dependencies between the coupled networks, an equilibrium solution results in optimized system cost. In addition, the impact of large-scale EV integration into the PDN is assessed through the mutual coupling of both networks by solving the optimization problems, i.e., optimal EV routing using traffic assignment problem and optimal power flow using branch flow model. Previous works in the area of joint operation of TN and PDN networks fall short in considering the time-varying and dynamic nature of all effective parameters in the coupled TN and PDN system. In this paper, a Dynamic User Equilibrium (DUE) network model is proposed to capture the optimal traffic distribution in TN as well as optimal power flow in PDN. A modified IEEE 30 bus system is adapted to a low voltage power network to examine the EV charging impact on the power grid. Our case study demonstrates the enhanced operation of the joint networks incorporating heterogeneous EV characteristics such as battery State of Charge (SoC), charging requests as well as PDN network’s marginal prices. The results of our simulations show how solving our defined coupled optimization problem reduces the total cost of the defined case study by 36% compared to the baseline scenario. The results also show a 45% improvement on the maximum EV penetration level with only minimal voltage deviation (less than 0.3%).
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