Vehicle-to-Home and Vehicle-to-Building: A Techno-Economic Analysis Under Varying Charging Methods and Tariff

Electric vehicles (EVs) can be used as energy storage as well as flexible loads in modern power systems. The use of bidirectional EV chargers enables energy arbitrage in smart houses and buildings by facilitating vehicle-to-home (V2H) and vehicle-to-building (V2B). This article presents a comprehensive techno-economic analysis of V2H and V2B systems, with a focus on the impact of various tariff structures on their feasibility and economic viability. The study considers real-life residential and workplace load profiles, as well as the variability in solar photovoltaic (PV) generation, to design cost-effective V2H and V2B charging schedules. The synergies and trade-offs between different tariff structures for V2H and V2B technology are analyzed, identifying key factors that influence system profitability and scalability across various market contexts. The economic viability of transitioning between different types of charging is assessed for both household and building applications. The results suggest that the proposed approach helps in developing an adequate cost-effective framework that helps in realizing techno-economic benefits of V2H and V2B systems.

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Publication Details

Journal
IEEE Transactions on Transportation Electrification
Published
2024-11-27
DOI
https://doi.org/10.1109/tte.2024.3508265
Citations
4
Primary Topic
Transportation and Mobility Innovations
Type
article
Field-Weighted Citation Impact
0.81

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article

Vehicle-to-Home and Vehicle-to-Building: A Techno-Economic Analysis Under Varying Charging Methods and Tariff

Angshu Plavan Nath, Zakir Hussain Rather, Ariel Liebman, Pratosh P. Patankar et al.
4 citations
IEEE Transactions on Transportation Electrification
Transportation and Mobility Innovations
0.81
article

Vehicle-to-Home and Vehicle-to-Building: A Techno-Economic Analysis Under Varying Charging Methods and Tariff

Angshu Plavan Nath, Zakir Hussain Rather, Ariel Liebman, Pratosh P. Patankar, Suryanarayana Doolla
article en
4 citations

Abstract

Electric vehicles (EVs) can be used as energy storage as well as flexible loads in modern power systems. The use of bidirectional EV chargers enables energy arbitrage in smart houses and buildings by facilitating vehicle-to-home (V2H) and vehicle-to-building (V2B). This article presents a comprehensive techno-economic analysis of V2H and V2B systems, with a focus on the impact of various tariff structures on their feasibility and economic viability. The study considers real-life residential and workplace load profiles, as well as the variability in solar photovoltaic (PV) generation, to design cost-effective V2H and V2B charging schedules. The synergies and trade-offs between different tariff structures for V2H and V2B technology are analyzed, identifying key factors that influence system profitability and scalability across various market contexts. The economic viability of transitioning between different types of charging is assessed for both household and building applications. The results suggest that the proposed approach helps in developing an adequate cost-effective framework that helps in realizing techno-economic benefits of V2H and V2B systems.

IEEE Transactions on Transportation ElectrificationVol. 11(2)
Indian Institute of Technology Bombay (IN), Monash University (AU)
Shakti Sustainable Energy Foundation
Decent work and economic growth
Openalex Percentile: Top 28%
Transportation and Mobility Innovations
0.81
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