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.
Authors
- Roberto Moreira (ORCID: https://orcid.org/0000-0002-0583-9759)
- Gopalakrishnan Sivakumar
- Cecile Geier
- Alexander Aujla-Jones
Institutions
- EDF Energy (United Kingdom) (GB)
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