Economic Assessment of Vehicle to Energy Communities

This paper investigates the commercial viability of bidirectional electric vehicle charging within V2X (Vehicle to Everything) technologies. It explores revenue streams and business cases for households and residential communities. The study assesses concerns regarding battery degradation and the potential of V2G (Vehicle-to-Grid) services. Simulation results reveal saving potential for different household archetypes, especially in urban areas with high energy consumption. Innovative business models are proposed to overcome adoption barriers. The findings stress the significance of routine usage patterns and integration with renewable energy systems for enhancing V2X technologies' commercial value.

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Publication Details

Published
2024-10-14
DOI
https://doi.org/10.1109/isgteurope62998.2024.10863107
Primary Topic
Electric Vehicles and Infrastructure
Type
article
Field-Weighted Citation Impact
0.00
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article

Economic Assessment of Vehicle to Energy Communities

Roberto Moreira, Gopalakrishnan Sivakumar, Cecile Geier, Alexander Aujla-Jones
Electric Vehicles and Infrastructure
article

Economic Assessment of Vehicle to Energy Communities

Roberto Moreira, Gopalakrishnan Sivakumar, Cecile Geier, Alexander Aujla-Jones
article en

Abstract

This paper investigates the commercial viability of bidirectional electric vehicle charging within V2X (Vehicle to Everything) technologies. It explores revenue streams and business cases for households and residential communities. The study assesses concerns regarding battery degradation and the potential of V2G (Vehicle-to-Grid) services. Simulation results reveal saving potential for different household archetypes, especially in urban areas with high energy consumption. Innovative business models are proposed to overcome adoption barriers. The findings stress the significance of routine usage patterns and integration with renewable energy systems for enhancing V2X technologies' commercial value.

EDF Energy (United Kingdom) (GB)
Affordable and clean energy
Openalex Percentile: Top 75%
Electric Vehicles and Infrastructure
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