Optimal Framework to Maximize the Workplace Charging Station Owner Profit while Compensating Electric Vehicles Users

Table 1

The optimization model parameters.

Parameters	Symbol	Value
EVs’ number	N	50
Battery degradation cost		0.032
DAEP		Dynamic
Electricity price from EV to grid		Dynamic
Electricity price from PV to grid		Dynamic
The incremental cost of the PV		0.097
Maximum EVs’ charger		6.6
EV charging and discharging efficiency
EVs’ maximum capacity		24
Maximum state of charge		80
Minimum state of charge		20
DC-DC converter efficiency		98
Inverter efficiency		98
Maximum power transfer from the grid to the EVs		200
EVs’ consumption		0.17
The number of MCS iteration		5000