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Abstract
The widespread adoption of electric vehicles (EVs) presents urgent demands for the efficient operation of fast-charging stations (FCSs), which must accommodate diverse user preferences, high mobility, and spatiotemporal traffic variability. As these systems scale, one critical challenge lies in dynamically responding to the price-sensitive behavior of EV users under complex spatiotemporal conditions and pricing strategies. This paper proposes a data-driven, agent-based pricing framework for FCSs that captures both individual decision-making dynamics and collective behavior of EV fleets. Compared to conventional studies that rely on macroscopic traffic flow models (e.g., user equilibrium formulations) or regression-based charging load forecasts, this paper introduces a fine-grained, data-driven, agent-based pricing framework that captures both the microscopic decision-making dynamics of EVs and the emergent collective behaviors across large fleets. We first formulate a graph-embedded Markov Decision Process to simulate EV drivers’ route and charging choices, incorporating transportation and charging network features. A scalable multi-agent deep reinforcement learning (MA-DRL) algorithm with count-based abstraction is then proposed to jointly learn decentralized EV policies and enable collective coordination. To bridge behavioral modeling and demand forecasting, a deep Graph Attention Network (GAT) is trained to approximate the nonlinear, high-dimensional mapping between FCS attributes. Finally, an agent-based pricing model is designed to optimize FCS profits while accounting for users’ price sensitivity and electricity market constraints, with nodal prices obtained from a lower-level power distribution network optimization. Simulation results validate the framework’s effectiveness in modeling price-responsive EV charging behaviors and achieving economically efficient station operation under dynamic conditions. © 2026 IEEE.
| Original language | English |
|---|---|
| Journal | IEEE Transactions on Smart Grid |
| DOIs | |
| Publication status | Online published - 15 May 2026 |
Funding
This research is supported by JC STEM Lab of Future Energy Systems (2025-0039), Global STEM Professorship (GSP313), and a Startup Grant of City University of Hong Kong (Data Driven Real Time Smart Energy Management System Supporting Energy Transition). This work is also supported by “Smart Grid-National Science and Technology Major Project” (2026ZD0809800). This work is also jointly supported by Huawei Technologies Co., Ltd (9229217).
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
Research Keywords
- agent-based pricing
- charging pricing strategy
- Electric vehicle
- multi-agent deep reinforcement learning
RGC Funding Information
- RGC-funded
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DON_RMG: Research on Electricity Price Forecasting, Photovoltaic-StorageCharging Coordination, and Power Market Trading Strategies - RMGS
TAO, Y. (Principal Investigator / Project Coordinator) & DONG, Z. Y. (Co-Investigator)
1/09/25 → …
Project: Research
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