A Hierarchical Stochastic Model Predictive Control Framework for Integrated Request-aware Charge Scheduling and Service Allocation
Evaluation of this approach using a state-of-the-art commercial solver with stochastic EV rental requests under different confidence levels and time-varying electricity prices demonstrates significant benefits of the integrated mechanism design, including a reduction in charging costs and battery capacity degradation compared to the prevailing business-as-usual (BAU) approach and state of the art Laxity-based charging (LC) approach.