Control and Optimisation szeminárium – Gargoei Loke (Durham)

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Title Analyzing the Flexibility Afforded by Smart Charging as a Multi-product Newsvendor with Indifferent Demand Abstract In this paper, we take the perspective of a smart charging operator, who needs to make a day-ahead bid on the amount of energy required on the next day, before the demand for smart charging materializes. The demand comprises the quantity of vehicles, as well as the heterogeneous degree of flexibility that each vehicle affords the charging operator, both of which are stochastic at the point of making the day-ahead bid. We cast this problem as a multi-product newsvendor prob…