A time-period dividing method is proposed for the time-of-use(TOU) charging price of plug-in electric vehicles based on a comparative analysis on time periods of TOU price in power grids and peak-valley time periods of local distribution networks. Based on the TOU charging price a mathematical optimization model is developed with two control objectives : maximizing the economic benefits of charging station and minimizing the variance of equivalent load curve. Comparing uncoordinated and coordinated charging m…
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