A Monte Carlo-Based Framework for V2G Participation Classification and Remuneration Scheme Evaluation
Building upon the Modular Vehicle-to-Grid (V2G) schemes proposed in previous work, this study adopts a method for classifying electric vehicle users based on their technical and economic availability. The considered probabilistic method evaluates the V2G participation and associated remuneration mechanisms. A Monte Carlo simulation was used to generate a distribution of user scores which determine their participation level in frequency regulation services. Based on this classification, energy contributions per level were determined and three remuneration strategies (energy-only, hybrid with fixed premium, and flat rate) were then applied and analyzed. The results show that although most customers participate at lower levels (with about 76.8% of users not participating, 16.3% in low provision level, 5.9% in medium provision level, and only around 1% in high provision level), they collectively supply a large portion of the total energy. Nevertheless, remuneration per vehicle is generally low, which questions the issue of remuneration for ancillary services and the need to find a fair balance between the technical needs of the network and the actual cost of services when applied at the individual user level.
Authors
- Davide Astolfi (ORCID: https://orcid.org/0000-0002-8409-0298)
- Rossano Musca (ORCID: https://orcid.org/0000-0002-7544-1631)
- Eleonora Riva Sanseverino (ORCID: https://orcid.org/0000-0003-0113-7650)
- Alessandra Flammini
- Antony Vasile
- Alexander Micallef
- Marco Pasetti
Institutions
- University of Malta (MT)
- University of Brescia (IT)
- University of Palermo (IT)
Publication Details
- Published
- 2025-10-20
- DOI
- https://doi.org/10.1109/isgteurope64741.2025.11305451
- Primary Topic
- Electric Vehicles and Infrastructure
- Type
- article
- Field-Weighted Citation Impact
- 0.00