Assessing the Economic Viability of Electric Vehicle-to-grid Services Through Infrastructure and Market Participation Investments

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Publisher :
ISBN 13 :
Total Pages : 250 pages
Book Rating : 4.:/5 (884 download)

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Book Synopsis Assessing the Economic Viability of Electric Vehicle-to-grid Services Through Infrastructure and Market Participation Investments by : Allison Michèle Campbell

Download or read book Assessing the Economic Viability of Electric Vehicle-to-grid Services Through Infrastructure and Market Participation Investments written by Allison Michèle Campbell and published by . This book was released on 2014 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Plug-in electric vehicles (PEVs) have the potential to not only reduce CO2 emissions from transportation, but also serve as distributed banks of energy storage for grid operators in a service called Vehicle-to-Grid (V2G, V1G). The need for energy storage will become increasingly crucial as intermittent sources of renewable energy are integrated. Previous studies have claimed that providing V2G/V1G services to the grid will generate annual revenues on the order of $2,500 per PEV from the frequency regulation market (Kempton & Tomic, 2005a). In this relatively lucrative market, small power draws to and from the resource enable the correction of imbalances in the net load on the grid. Bids are secured independently for regulating the load down or up, allowing PEVs to manage the power in their batteries to either charge as normal (V1G), or both charge and discharge (V2G). No known prior studies include the cost of the infrastructure and market participation fees necessary to provide this service, suggesting that initial revenue estimates are optimistic at best. In order for a fleet operator to break even over the lifetime of the investment, an annual average market clearing price of $36/MW-h is necessary for V2G fleets and $6.40/MW-h is necessary for V1G fleets. The current average price for this service is $5/MW-h, and has been dropping over the last three years. Unless this price increases, the cost of V2G/V1G equipment and market participation declines substantially, or subsidies are introduced, it will be economically difficult for this service to move beyond the pilot project phase.

Assessing the Economic Potential of Electric Vehicles to Provide Ancillary Services

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Assessing the Economic Potential of Electric Vehicles to Provide Ancillary Services by : Alexander Schuller

Download or read book Assessing the Economic Potential of Electric Vehicles to Provide Ancillary Services written by Alexander Schuller and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Vehicle-to-Grid (V2G) concept is a promising possibility for the integration of electric vehicles (EVs) into the power grid. This article presents an economic evaluation of EVs participating in the ancillary service market (primary, secondary and tertiary regulation) for the case of Germany, based on a price data set from 2011 and 2012. We examine the economic potential of nine general options to participate in the regulation market based on real-life EV specifications, connection powers and regulation energy prices. Results show that in the most profitable case a maximum average yearly profit of 730.31 Euro per vehicle is possible for negative regulation with payment direction TSO to provider in the secondary regulation market. Furthermore a sensitivity analysis is performed for all of the analyzed participation scenarios in order to identify crucial parameters for a possible V2G implementation. Major parameters for the successful implementation of V2G are the provided power per vehicle, the time an EV is available to the grid and the variable energy storage costs it incurs.

An Assessment of the System Costs and Operational Benefits of Vehicle-to-grid Schemes

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Publisher :
ISBN 13 :
Total Pages : 384 pages
Book Rating : 4.:/5 (869 download)

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Book Synopsis An Assessment of the System Costs and Operational Benefits of Vehicle-to-grid Schemes by : Chioke Bem Harris

Download or read book An Assessment of the System Costs and Operational Benefits of Vehicle-to-grid Schemes written by Chioke Bem Harris and published by . This book was released on 2013 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the emerging nationwide availability of plug-in electric vehicles (PEVs) at prices attainable for many consumers, electric utilities, system operators, and researchers have been investigating the impact of this new source of electricity demand. The presence of PEVs on the electric grid might offer benefits equivalent to dedicated utility-scale energy storage systems by leveraging vehicles' grid-connected energy storage through vehicle-to-grid (V2G) enabled infrastructure. Existing research, however, has not effectively examined the interactions between PEVs and the electric grid in a V2G system. To address these shortcomings in the literature, longitudinal vehicle travel data are first used to identify patterns in vehicle use. This analysis showed that vehicle use patterns are distinctly different between weekends and weekdays, seasonal interactions between vehicle charging, electric load, and wind generation might be important, and that vehicle charging might increase already high peak summer electric load in Texas. Subsequent simulations of PEV charging were performed, which revealed that unscheduled charging would increase summer peak load in Texas by approximately 1\%, and that uncertainty that arises from unscheduled charging would require only limited increases in frequency regulation procurements. To assess the market potential for the implementation of a V2G system that provides frequency regulation ancillary services, and might be able to provide financial incentives to participating PEV owners, a two-stage stochastic programming formulation of a V2G system operator was created. In addition to assessing the market potential for a V2G system, the model was also designed to determine the effect of the market power of the V2G system operator on prices for frequency regulation, the effect of uncertainty in real-time vehicle availability and state-of-charge on the aggregator's ability to provide regulation services, and the effect of different vehicle characteristics on revenues. Results from this model showed that the V2G system operator could generate revenue from participation in the frequency regulation market in Texas, even when subject to the uncertainty in real-time vehicle use. The model also showed that the V2G system operator would have a significant impact on prices, and thus as the number of PEVs participating in a V2G program in a given region increased, per-vehicle revenues, and thus compensation provided to vehicle owners, would decline dramatically. From these estimated payments to PEV owners, the decision to participate in a V2G program was analyzed. The balance between the estimated payments to PEV owners for participating in a V2G program and the increased probability of being left with a depleted battery as a result of V2G operations indicate that an owner of a range-limited battery electric vehicle (BEV) would probably not be a viable candidate for joining a V2G program, while a plug-in hybrid electric vehicle (PHEV) owner might find a V2G program worthwhile. Even for a PHEV owner, however, compensation for participating in a V2G program will provide limited incentive to join.

Vehicle-to-Grid

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Author :
Publisher : Springer
ISBN 13 : 3030048640
Total Pages : 237 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Vehicle-to-Grid by : Lance Noel

Download or read book Vehicle-to-Grid written by Lance Noel and published by Springer. This book was released on 2019-01-04 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​This book defines and charts the barriers and future of vehicle-to-grid technology: a technology that could dramatically reduce emissions, create revenue, and accelerate the adoption of battery electric cars. This technology connects the electric power grid and the transportation system in ways that will enable electric vehicles to store renewable energy and offer valuable services to the electricity grid and its markets. To understand the complex features of this emergent technology, the authors explore the current status and prospect of vehicle-to-grid, and detail the sociotechnical barriers that may impede its fruitful deployment. The book concludes with a policy roadmap to advise decision-makers on how to optimally implement vehicle-to-grid and capture its benefits to society while attempting to avoid the impediments discussed earlier in the book.

Research Journeys to Net Zero

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Publisher : Taylor & Francis
ISBN 13 : 1040014542
Total Pages : 186 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Research Journeys to Net Zero by : Kyungeun Sung

Download or read book Research Journeys to Net Zero written by Kyungeun Sung and published by Taylor & Francis. This book was released on 2024-04-19 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides useful insight into how academics from diverse disciplinary backgrounds, such as science, engineering, technology, social science, policy, design, architecture, built environment, business, and management, have been conducting research into how to realise net zero emissions to address climate change. This book explores the ways in which countries around the world have pledged to achieve net zero emissions through decarbonisation processes. It presents the highest calibre research and impact activities carried out in the UK, Europe, North America, Australia, Asia, and Africa. Such activities include conceptualisation, opportunity identification, specific case studies, demonstration of proof of concepts, provision of evidence, education of the general public, and knowledge transfer to companies. Further to this, the chapters also bring to light personal career journeys to net zero by current and future international research leaders. From this book, readers will gain a full understanding of net zero research via multiple disciplinary pathways, be inspired by personal accounts, and will learn key methodologies, including quantitative and qualitative approaches. The diversity of authors and topics make the book widely applicable to a range of fields, and it will be of great interest to researchers, students, practitioners, and decision makers working towards the goals of net zero and decarbonisation.

Electric Vehicles In Shared Fleets: Mobility Management, Business Models, And Decision Support Systems

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Publisher : World Scientific
ISBN 13 : 1800611439
Total Pages : 296 pages
Book Rating : 4.8/5 (6 download)

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Book Synopsis Electric Vehicles In Shared Fleets: Mobility Management, Business Models, And Decision Support Systems by : Kenan Degirmenci

Download or read book Electric Vehicles In Shared Fleets: Mobility Management, Business Models, And Decision Support Systems written by Kenan Degirmenci and published by World Scientific. This book was released on 2022-04-28 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electrification of shared fleets offers numerous benefits, including the reduction of local emissions of pollutants, which leads to ecological improvements such as the improvement of air quality. Electric Vehicles in Shared Fleets considers a holistic concept for a socio-technical system with a focus on three core areas: integrated mobility solutions, business models for economic viability, and information systems that support decision-making for the successful implementation and operation of electric vehicles in shared fleets.In this book, we examine different aspects within these areas including multimodal mobility, grid integration of electric vehicles, shared autonomous electric vehicle services, relocation strategies in shared fleets, and the challenge of battery life of electric vehicles. Insights into the future of transport are provided, which is predicted to be shared, autonomous, and electric. This will require the expansion of the charging infrastructure to provide adequate premises for the electrification of transportation and to create market demand.

Plug-in Electric Vehicle Grid Integration

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Publisher : Artech House
ISBN 13 : 1630814733
Total Pages : 289 pages
Book Rating : 4.6/5 (38 download)

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Book Synopsis Plug-in Electric Vehicle Grid Integration by : Islam Safak Bayram

Download or read book Plug-in Electric Vehicle Grid Integration written by Islam Safak Bayram and published by Artech House. This book was released on 2017-07-31 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative new resource provides a comprehensive introduction to plug-in electric vehicles (PEVs), including critical discussions on energy storage and converter technology. The architecture and models for sustainable charging infrastructures and capacity planning of small scale fast charging stations are presented. This book considers PEVs as mobile storage units and explains how PEVS can provide services to the grid. Enabling technologies are explored, including energy storage, converter, and charger technologies for home and park charging. The adoption of EV is discussed and examples are given from the individual battery level to the city level. This book provides guidance on how to build and design sustainable transportation systems. Optimal arrival rates, optimal service rates, facility location problems, load balancing, and demand forecasts are covered in this book. Time-saving MATLAB code and background tables are included in this resource to help engineers with their projects in the field.

2017-2018 Investment Plan Update for the Alternative and Renewable Fuel and Vehicle Technology Program

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Publisher :
ISBN 13 :
Total Pages : 102 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis 2017-2018 Investment Plan Update for the Alternative and Renewable Fuel and Vehicle Technology Program by : Jacob Orenberg

Download or read book 2017-2018 Investment Plan Update for the Alternative and Renewable Fuel and Vehicle Technology Program written by Jacob Orenberg and published by . This book was released on 2017 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Collaborative Vehicle-to-grid Operations in Frequency Regulation Markets

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Collaborative Vehicle-to-grid Operations in Frequency Regulation Markets by : Ho-Yin Mak

Download or read book Collaborative Vehicle-to-grid Operations in Frequency Regulation Markets written by Ho-Yin Mak and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the operations of electric vehicles (EVs) providing frequency regulation services to the electric grid in vehicle-to-grid (V2G) systems. In particular, these individually-owned EVs collaboratively bid in the regulation market, coordinated by a platform that operates the network of charging equipment enabling V2G. We study how the platform determines optimal pricing incentives for drivers to plug in their EVs, taking into account their heterogeneous driving schedules. As EV adoption progresses past the nascent stage, V2G business models become more viable. V2G participation in frequency regulation provides a valuable resource to stabilize the electric grid against fluctuations between demand and supply, and complements the continued growth of clean but intermittent renewable (e.g., solar and wind) power. On the other hand, successful implementation of V2G provides another economic incentive for switching to EVs and potentially helps sustain adoption growth, especially as government subsidies phase out. Such operations are difficult to plan for, as it is important to model both the transportation (i.e., travel schedule) and energy (operations of regulation market) features of EV fleets. We model the platform's pricing optimization problem as a bilevel program: At the upper level, the platform determines hourly rebates for EVs to plug in their EVs, and capacity bids in the regulation market; At the lower level, individual travelers optimize their travel and charging schedules in response to pricing incentives. To account for uncertainties and heterogeneity in regulation market prices and travel patterns, we adopt distributionally-robust optimization techniques to formulate the problem as a mixed-integer second-order cone program, which can be efficiently solved with commercial solvers. We further derive a class of valid inequalities for the problem based on the theory of complements and substitutes of convex cost network flow problems. We conduct a computational study based on the California Household Travel Survey dataset and actual frequency regulation prices. Our results show that the ability to offer time-varying rebates and install workplace chargers can significantly improve the V2G platform's expected profits. We also find stark differences between the optimal rebate schedules under a profit-maximizing platform and the alternative model where the platform is collectively owned by the drivers. Our findings shed lights on business model design of V2G systems.

Building a Business Case for Corporate Fleets to Adopt Vehicle-to-grid Technology (V2G) and Participate in the Regulation Service Market

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Publisher :
ISBN 13 :
Total Pages : 101 pages
Book Rating : 4.:/5 (772 download)

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Book Synopsis Building a Business Case for Corporate Fleets to Adopt Vehicle-to-grid Technology (V2G) and Participate in the Regulation Service Market by : Andrés De los Ríos Vergara

Download or read book Building a Business Case for Corporate Fleets to Adopt Vehicle-to-grid Technology (V2G) and Participate in the Regulation Service Market written by Andrés De los Ríos Vergara and published by . This book was released on 2011 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric (EV) and Plug-in Hybrid Electric vehicles (PHEV) continue to gain attention and market share, not only as options for consumers but also for corporate fleets. EVs and PHEVs can contribute to lower operating costs through reduced maintenance requirements and enhanced fuel economy. In addition, a fleet of EVs or PHEVs, when parked and aggregated in a sizeable number, can provide regulation services to the grid through the electricity stored in the vehicle's batteries. This opportunity is known as Vehicle-to-grid technology (V2G). This thesis evaluates the economics for V2G-enabled fleets to participate in the regulation services market. In order to build a business case for fleet managers, we constructed a 10-year cash flow model that compares the operating, infrastructure, and capital costs, as well as the revenue opportunities for EVs, PHEVs, and ICEs. To quantify potential revenues, we adapted a tool that the ISO New England has used to simulate the revenues of participants in the regulation market for an alternative energy pilot. We show that ICEs, while having the lowest retail value, actually have the greatest NPV due to their high operating costs and inability to participate in the regulation services market. EVs have the highest retail value, but due to their large battery size are able to provide the most regulation services. The opportunity for V2G is critical for the attractiveness of the EV. PHEVs offer lower V2G revenue opportunity than the EVs but have greater operational flexibility. We determined that V2G revenue potential is driven by the charger capacity and battery size and there are tradeoffs associated with these components. A larger battery and charger will generate more money from regulation services, but their high investment cost may outweigh these benefits. The correct combination of charger capacity, battery size, and state of charge (SOC) is important. If the charger capacity is too large and SOC too high or low, a small battery can be charged or depleted too quickly, hindering its ability to provide regulation services.

Electric Vehicles and the Future of Energy Efficient Transportation

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Publisher : IGI Global
ISBN 13 : 1799876284
Total Pages : 293 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Electric Vehicles and the Future of Energy Efficient Transportation by : Subramaniam, Umashankar

Download or read book Electric Vehicles and the Future of Energy Efficient Transportation written by Subramaniam, Umashankar and published by IGI Global. This book was released on 2021-04-16 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electric vehicle market has been gradually gaining prominence in the world due to the rise in pollution levels caused by traditional IC engine-based vehicles. The advantages of electric vehicles are multi-pronged in terms of cost, energy efficiency, and environmental impact. The running and maintenance cost are considerably less than traditional models. The harmful exhaust emissions are reduced, besides the greenhouse gas emissions, when the electric vehicle is supplied from a renewable energy source. However, apart from some Western nations, many developing and underdeveloped countries have yet to take up this initiative. This lack of enthusiasm has been primarily attributed to the capital investment required for charging infrastructure and the slow transition of energy generation from the fossil fuel to the renewable energy format. Currently, there are very few charging stations, and the construction of the same needs to be ramped up to supplement the growth of electric vehicles. Grid integration issues also crop up when the electric vehicle is used to either do supply addition to or draw power from the grid. These problems need to be fixed at all the levels to enhance the future of energy efficient transportation. Electric Vehicles and the Future of Energy Efficient Transportation explores the growth and adoption of electric vehicles for the purpose of sustainable transportation and presents a critical analysis in terms of the economics, technology, and environmental perspectives of electric vehicles. The chapters cover the benefits and limitations of electric vehicles, techno-economic feasibility of the technologies being developed, and the impact this has on society. Specific points of discussion include electric vehicle architecture, wireless power transfer, battery management, and renewable resources. This book is of interest for individuals in the automotive sector and allied industries, policymakers, practitioners, engineers, technicians, researchers, academicians, and students looking for updated information on the technology, economics, policy, and environmental aspects of electric vehicles.

Understanding Drivers of Electrification of Transportation Systems in a Commercial Context (Band 118)

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Publisher : Cuvillier Verlag
ISBN 13 : 3736967055
Total Pages : 207 pages
Book Rating : 4.7/5 (369 download)

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Book Synopsis Understanding Drivers of Electrification of Transportation Systems in a Commercial Context (Band 118) by : Christine Harnischmacher

Download or read book Understanding Drivers of Electrification of Transportation Systems in a Commercial Context (Band 118) written by Christine Harnischmacher and published by Cuvillier Verlag. This book was released on 2022-11-16 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mitigation of global climate change poses one of the major challenges of the twenty-first century. Governments all around the world have set ambitious climate- and energy- specific targets that shape the development of the energy and transportation sectors. Increasing the share of renewable energies in the energy mix and substituting conventional vehicles with electric vehicles (EVs) at the same time poses significant challenges for the power grid. The coupling of the energy and transportation sectors offers a promising increase in energy efficiency, as the EVs’ batteries can be used as storage for the provision of utility services by supplying power to the grid for stabilization. This is known as the vehicle-to-grid (V2G) application. Thus, suitable V2G applications can contribute to the security of energy supply while at the same time promoting electrified transportation and the integration of renewables. These applications are especially efficient in a commercial context, where the capacities of several batteries can easily be aggregated. This thesis investigates the role of IS for the electrification and V2G integration of commercial fleets. Four studies were conducted and are compiled in this dissertation that demonstrate the feasibility and provide guidelines for incorporating commercial electrified fleets as an active component of the energy economic value chain. The understanding gained enables viewing fleet electrification and V2G integration as IS enabled amplification of the energy economic value chain towards ecological sustainability.

Vehicle-to-grid power fundamentals. The aspects of measuring costs, potential benefits and socio-technical barriers for sustainable improvement of the transport sector in Nordic countries

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3668648069
Total Pages : 16 pages
Book Rating : 4.6/5 (686 download)

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Book Synopsis Vehicle-to-grid power fundamentals. The aspects of measuring costs, potential benefits and socio-technical barriers for sustainable improvement of the transport sector in Nordic countries by : Jobaire Alam

Download or read book Vehicle-to-grid power fundamentals. The aspects of measuring costs, potential benefits and socio-technical barriers for sustainable improvement of the transport sector in Nordic countries written by Jobaire Alam and published by GRIN Verlag. This book was released on 2018-02-27 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Study from the year 2016 in the subject Energy Sciences, grade: A, Aalborg University, language: English, abstract: Electric power vehicles are exceptionally complementary as systems for managing energy and power. Nordic countries have been considered as one of the frontrunners for electrification in their transport sector. So, this study is to investigate the current concerns of costs, potential benefits and socio-technical challenges of vehicle-to-grid transition for sustainable improvement in Scandinavian transport sector. Literature review section presents a clear understanding of previous researches around this topic. However, very few researches have been conducted in Scandinavia around this issue. This study intends to adopt qualitative method with a multi criteria analysis. According to the expected result of this study, Electric Vehicles and V2G contribute to the national energy systems, which allow integration of much higher levels of wind electricity and also greatly reduces national CO2 emissions. Various previous studies show that transition to vehicle-to-grid technology has much to offer to society. Researchers further added that reducing petroleum use would help insulate oil importing economies from petroleum price spikes and shocks to the global market. It would also greatly improve the quality of the environment, displacing noxious emissions and the health, ecological, and climate-changed damages. Five Nordic countries are considered as pioneers in the world for renewable energy system. Various studies about Scandinavian transportation and energy system presented that V2G technology offers the motorists potential cost savings from their use of electricity as a fuel instead of gasoline. It is farther explained that, technological alternatives and energy planes play a significant role in Scandinavia. It is widely accepted that Nordic countries have been become frontrunner for electrification in their transport sectors, with the growth in travel demand including climate change and oil demand at a global scale. Therefore, it is a major concern to assess the cost & potential benefits of socio-technical perspective of V2G technology in these countries.

Electric Vehicle Integration in a Smart Microgrid Environment

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Publisher : CRC Press
ISBN 13 : 1000393046
Total Pages : 411 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Electric Vehicle Integration in a Smart Microgrid Environment by : Mohammad Saad Alam

Download or read book Electric Vehicle Integration in a Smart Microgrid Environment written by Mohammad Saad Alam and published by CRC Press. This book was released on 2021-08-19 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric Vehicle Integration in a Smart Microgrid Environment The growing demand for energy in today’s world, especially in the Middle East and Southeast Asia, has been met with massive exploitation of fossil fuels, resulting in an increase in environmental pollutants. In order to mitigate the issues arising from conventional internal combustion engine-powered vehicles, there has been a considerable acceleration in the adoption of electric vehicles (EVs). Research has shown that the impact of fossil fuel use in transportation and surging demand in power owing to the growing EV charging infrastructure can potentially be minimalized by smart microgrids. As EVs find wider acceptance with major advancements in high efficiency drivetrain and vehicle design, it has become clear that there is a need for a system-level understanding of energy storage and management in a microgrid environment. Practical issues, such as fleet management, coordinated operation, repurposing of batteries, and environmental impact of recycling and disposal, need to be carefully studied in the context of an ageing grid infrastructure. This book explores such a perspective with contributions from leading experts on planning, analysis, optimization, and management of electrified transportation and the transportation infrastructure. The primary purpose of this book is to capture state-of-the-art development in smart microgrid management with EV integration and their applications. It also aims to identify potential research directions and technologies that will facilitate insight generation in various domains, from smart homes to smart cities, and within industry, business, and consumer applications. We expect the book to serve as a reference for a larger audience, including power system architects, practitioners, developers, new researchers, and graduate-level students, especially for emerging clean energy and transportation electrification sectors in the Middle East and Southeast Asia.

Electric Vehicle Business Models

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Publisher : Springer
ISBN 13 : 3319122444
Total Pages : 247 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Electric Vehicle Business Models by : David Beeton

Download or read book Electric Vehicle Business Models written by David Beeton and published by Springer. This book was released on 2014-12-27 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: This contributed volume collects insights from industry professionals, policy makers and researchers on new and profitable business models in the field of electric vehicles (EV) for the mass market. This book includes approaches that address the optimization of total cost of ownership. Moreover, it presents alternative models of ownership, financing and leasing. The editors present state-of-the-art insights from international experts, including real-world case studies. The volume has been edited in the framework of the International Energy Agency’s Implementing Agreement for Cooperation on Hybrid and Electric Vehicles (IA-HEV). The target audience primarily comprises practitioners and decision makers but the book may also be beneficial for research experts and graduate students.

Economic Feasibility Analysis of Vehicle-to-grid Service from an EV Owner's Perspective in the German Electricity Market

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (119 download)

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Book Synopsis Economic Feasibility Analysis of Vehicle-to-grid Service from an EV Owner's Perspective in the German Electricity Market by : Prasad Prakash Malya

Download or read book Economic Feasibility Analysis of Vehicle-to-grid Service from an EV Owner's Perspective in the German Electricity Market written by Prasad Prakash Malya and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Overcoming Barriers to Electric-Vehicle Deployment

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Publisher : National Academies Press
ISBN 13 : 0309284511
Total Pages : 102 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Overcoming Barriers to Electric-Vehicle Deployment by : National Research Council

Download or read book Overcoming Barriers to Electric-Vehicle Deployment written by National Research Council and published by National Academies Press. This book was released on 2013-06-18 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electric vehicle offers many promises-increasing U.S. energy security by reducing petroleum dependence, contributing to climate-change initiatives by decreasing greenhouse gas (GHG) emissions, stimulating long-term economic growth through the development of new technologies and industries, and improving public health by improving local air quality. There are, however, substantial technical, social, and economic barriers to widespread adoption of electric vehicles, including vehicle cost, small driving range, long charging times, and the need for a charging infrastructure. In addition, people are unfamiliar with electric vehicles, are uncertain about their costs and benefits, and have diverse needs that current electric vehicles might not meet. Although a person might derive some personal benefits from ownership, the costs of achieving the social benefits, such as reduced GHG emissions, are borne largely by the people who purchase the vehicles. Given the recognized barriers to electric-vehicle adoption, Congress asked the Department of Energy (DOE) to commission a study by the National Academies to address market barriers that are slowing the purchase of electric vehicles and hindering the deployment of supporting infrastructure. As a result of the request, the National Research Council (NRC)-a part of the National Academies-appointed the Committee on Overcoming Barriers to Electric-Vehicle Deployment. This committee documented their findings in two reports-a short interim report focused on near-term options, and a final comprehensive report. Overcoming Barriers to Electric-Vehicle Deployment fulfills the request for the short interim report that addresses specifically the following issues: infrastructure needs for electric vehicles, barriers to deploying the infrastructure, and possible roles of the federal government in overcoming the barriers. This report also includes an initial discussion of the pros and cons of the possible roles. This interim report does not address the committee's full statement of task and does not offer any recommendations because the committee is still in its early stages of data-gathering. The committee will continue to gather and review information and conduct analyses through late spring 2014 and will issue its final report in late summer 2014. Overcoming Barriers to Electric-Vehicle Deployment focuses on the light-duty vehicle sector in the United States and restricts its discussion of electric vehicles to plug-in electric vehicles (PEVs), which include battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). The common feature of these vehicles is that their batteries are charged by being plugged into the electric grid. BEVs differ from PHEVs because they operate solely on electricity stored in a battery (that is, there is no other power source); PHEVs have internal combustion engines that can supplement the electric power train. Although this report considers PEVs generally, the committee recognizes that there are fundamental differences between PHEVs and BEVs.