Abstract
Electric vehicles have gained mainstream popularity and are hailed as a key technology that can abate the carbon footprint of transportation systems globally. However, there are fundamental challenges that can hinder widespread adoption, e.g. potential stress caused to the electricity network due to bulk-uncontrolled charging, battery degradation and ambiguous economic case for energy services. While Smart Charging and Vehicle-to-Grid are seen as potential solutions to these key issues, their suitability, especially concerning the latter technology is still today obscure, as a plethora of criteria influence its viability. This chapter identifies the most influencing parameters that determine the feasibility of Smart Charging and Vehicle-to-Grid, finds commonalities, and traces a trend through the past years with regards to the profitability of these two technologies. The research in this chapter shows that profits from Vehicle-to-Grid services can range from 13 to 207 £/vehicle/year, depending on the technical and economic factors, which, as demonstrated in this chapter, can vary considerably from one country to another.
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Abbreviations
- DSO:
-
Distribution System Operator
- EV:
-
Electric Vehicle
- ICE:
-
Internal Combustion engine
- MOO:
-
Multi-objective optimisation
- PHEV:
-
Plug-in-hybrid electric vehicle
- PJM:
-
Pennsylvania-Jersey-Maryland
- PV:
-
Photovoltaic
- RES:
-
Renewable energy source
- SOC:
-
State of charge
- UK:
-
United Kingdom
- USA:
-
United States of America
- USD:
-
US dollar
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Das, R., Cao, Y., Wang, Y. (2023). A Review of the Trends in Smart Charging, Vehicle-to-Grid. In: Cao, Y., Zhang, Y., Gu, C. (eds) Automated and Electric Vehicle: Design, Informatics and Sustainability. Recent Advancements in Connected Autonomous Vehicle Technologies, vol 3. Springer, Singapore. https://doi.org/10.1007/978-981-19-5751-2_10
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