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Currently, the utilization rate of public plug-in electric vehicle (PEV)charging stations is only 15%. During the other 85% of the time, the chargersare either idle or occupied by a fully charged PEV. Strategically switching afully charged PEV to another one waiting to charge, which we refer to asinterchange, is an indispensable measure to enhancing charging stationutilization. This paper studies the PEV charging station planning problemconsidering strategic interchange, which has not yet been well studied in theliterature. The objective is to enhance utilization rate while lowering capitalinvestment and operation cost. A new power/energy aggregation model is proposedfor interchange operation and a chance-constrained planning model withinterchange is developed for a public charging station with customer demanduncertainties. Numerical experiments are conducted to illustrate theperformance of the proposed method. Simulation results show that incorporatingstrategic interchange operation, can significantly decrease the number ofchargers, enhance utilization and economic efficiency.

Solving Overstay in PEV Charging Station Planning via Chance Constrained Optimization