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Agent-based Coordination Mechanisms in Smart Electricity Markets

Electric Vehicles (EVs) and their integration in the smart grid are challenges that sustainable societies have to tackle. Uncontrolled EV charging increases peak power demand, which needs extra grid infrastructure to be covered effectively and consequently this solution is costly. We propose coordination mechanisms using decentralized, centralized and hybrid principles in order to schedule EV charging in a beneficial way for EV owners, smart grid and the environment. We evaluate each mechanism under realistic conditions and show their benefits in different market environments.