Nash bargaining based mechanism for allocating cooperative surplus from joint planning between electric vehicle charging stations and the distribution network

The total profits of electric vehicle charging stations (EVCSs) and the concerned distribution network (DN) can be improved through joint planning. To encourage the cooperation between EVCSs and the DN on joint planning, reasonable allocation of benefits such attained is highly demanded. Given this background, a Nash bargaining based allocation mechanism for cooperative surplus/benefit gained from joint planning between EVCSs and the DN is presented. The allocation of the cooperative surplus to the EVCSs can be achieved by adjusting the price of electricity. The proposed allocation mechanism for cooperative surplus is demonstrated by an actual example in China.