Incentivised Charging Scheduling for Electrical Vehicles (INDUCTIVE)

INDUCTIVE aims to develop smart charging solutions that benefit both energy suppliers and customers.

The project at a glance

Start date:

04 Jan 2021
Duration in months:

24
Funding:

Fondation Enovos
Principal Investigator(s):

Yves LE TRAON

Gilbert FRIDGEN

Maxime CORDY

Michael SCHÖPF (external)

About

The increase of Electrical Vehicles (EVs) poses a challenge for the electricity system, as it may cause high load peaks in certain hours and may thus increase the energy invoice of EV owners. The project INDUCTIVE (Incentivized charging scheduling for electric vehicles) tackles this challenge and aims to develop the means for electricity suppliers to gain control over power consumption patterns of EV charging. By exploiting the flexibility in each EV charging timespan, the overall load on the electricity system can be balanced and electricity will be procured at lower prices. This strategy would not only reduce the suppliers’ procurement costs and the invoices of their customers, but it would also improve their competitiveness to private-owned energy generation and storage technologies. To achieve this objective, INDUCTIVE will investigate the feasibility of developing three necessary enablers: (1) an estimation of the potential earnings of energy suppliers exploiting the flexibility of coordinated EV charging; (2) an incentive scheme determining proper incentives that suppliers can offer to customers in exchange of their flexibility; (3) a decision-making system that can schedule the charging timespan of the EV fleet to optimize the economic benefits while satisfying the customer requirements.

Organisation and Partners

Digital Financial Services and Cross-Organisational Digital Transformations Research Group (FINATRAX)
Interdisciplinary Centre for Security, Reliability and Trust (SnT)
Security Reasoning and Validation Research Group (SERVAL)