Cost-effective and emission-aware dispatch strategy for a smart EV charging parking lot
The growing adoption of electric vehicles (EVs) necessitates intelligent charging strategies to alleviate grid congestion and control rising operational costs. This study introduces an IoT-enabled centralized energy management framework for a PV-BESS-EV integrated smart parking system, leveraging real-time data on carbon emissions, grid pricing, and solar irradiance. A key innovation is its bi-objective optimization model, which simultaneously minimizes both cost and carbon footprint, setting it apart from traditional single-objective approaches. The study evaluates teaching-learning-based optimization (TLBO) and particle swarm optimization (PSO) for addressing the system’s nonlinear challenges. Results indicate that TLBO offers faster convergence and greater robustness, leading to improved load flattening, enhanced PV utilization, and stable battery energy storage system (BESS) state of charge (SoC). Overall, the framework provides a scalable solution that effectively balances economic and environmental objectives for modern grid-integrated EV charging systems.