Estimating the Impact of Electric Vehicle Demand Response Programs in a Grid with Varying Levels of Renewable Energy Sources: Time-of-Use Tariff versus Smart Charging

Jeon, Wooyoung; Cho, Sangmin; Lee, Seungmoon

doi:10.3390/en13174365

Cited by 27 publications

(6 citation statements)

References 16 publications

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“…(2) and (3), as well as its addresses with instrumental variables, and treatment by means of a two-stage estimation approach (Jeon et al, 2020).…”

Section: Analytical Methodologymentioning

confidence: 99%

Benefits of the Bus Rapid Transit System on the Reduction of Road TravelCrashes

Calvo,

Ospina

2024

Preprint

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In various cities worldwide, numerous studies have extensively documented the factors contributing to road accidents as a negative externality resulting from transportation activities. These factors have led to a rise in road fatalities and injuries in urban areas. However, existing literature has indicated a decline in road accidents attributed to the maintenance, construction, or expansion of innovative transportation infrastructure, effective regulation (surveillance and control), public policies, educational programmes, or advancements in vehicle safety technology. Despite this, the literature is limited in its analysis of the economic benefits arising from the reduction in urban road fatalities and injuries, and the quantitative methods used to estimate corresponding monetary values are also constrained. In accordance, the contribution of this study is to propose a quantitative approach to demonstrating economic value by means of the integration between the results of a time series model (Two-Stage ARIMAX—Autoregressive Integrated Moving Average with Exogenous and Endogenous Variables), the value of statistical life (fatalities and injuries) and avoided costs. Considering the social benefits derived from the reduction of road fatalities and injuries occasioned by the operation of the Bus Rapid Transit (BRT), TransMilenio (2000–2019), in Bogotá (Colombia), the positive impact has been in the short and long run (over a period of three years for the road fatalities and over a period of six years for the traffic injuries). JEL Classification Codes: R4; R41; D62.

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“…(2) and (3), as well as its addresses with instrumental variables, and treatment by means of a two-stage estimation approach (Jeon et al, 2020).…”

Section: Analytical Methodologymentioning

confidence: 99%

Benefits of the Bus Rapid Transit System on the Reduction of Road TravelCrashes

Calvo,

Ospina

2024

Preprint

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“…In terms of EV potential for demand management, Nazaripouya, Wang [81] examined the role of EV as a mobile and flexible energy storage system that brings new opportunities in terms of tariff and solving future tariff challenges. Jeon, Cho [90] analysed the potential value of EV demand response programs for Korea through scenario analysis. Across all scenarios it was found that there were enough benefits from demand response and EV to attract the customers, with "smart control" V2G capability delivering the largest reduction in costs.…”

Section: Relationship Between Tariff Structure and Demand Managementmentioning

confidence: 99%

Electromobility in Australia: Tariff Design Structure and Consumer Preferences for Mobile Distributed Energy Storage

et al. 2022

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The adoption of electric vehicles (EVs) may contribute to decarbonisation of the transport sector and has the potential to offer value to consumers and electricity grid operators through its energy storage capabilities. While electricity tariffs can play an important role in consumer uptake of EVs, little is known about how EV charging tariff design affects EV users’ behaviour in participating in applications that can support the electricity grid, such as those applications classed under Vehicle-to-Everything (V2X). Examining the case of Australia, this study reviews the literature on electromobility with a focus on EV charging tariffs and its impact on consumer behaviour within the V2X context. The main findings drawn from up-to-date publications show that a well-designed EV tariff structure, available parking, and EV charging facilities can increase consumer participation in V2X. However, cooperation between EV users and grid operators is needed to establish a form of controlled charging agreement to harness the full potential of the EV electricity storage system for grid stability and battery support operations. To achieve this, the right tariff structure will have to be established to incentivise EV consumers to subscribe to V2X services. We also present recommendations for EV tariff design to support Australian consumer participation in V2G. Finally, we identify research gaps for further research.

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“…The use of EVs in a VPP has been very popular recently. In [10], the use of electric vehicle demand response to reduce operating costs and improve the reliability of the power system with a large share of variable renewable sources and electric vehicles is shown. The study was based on the example of Jeju Island, located in South Korea.…”

Section: Power Quality Electric Vehicles and Economymentioning

confidence: 99%

A Case Study on Battery Energy Storage System in a Virtual Power Plant: Defining Charging and Discharging Characteristics

et al. 2020

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A virtual power plant (VPP) can be defined as the integration of decentralized units into one centralized control system. A VPP consists of generation sources and energy storage units. In this article, based on real measurements, the charging and discharging characteristics of the battery energy storage system (BESS) were determined, which represents a key element of the experimental virtual power plant operating in the power system in Poland. The characteristics were determined using synchronous measurements of the power of charge and discharge of the storage and the state of charge (SoC). The analyzed private network also includes a hydroelectric power plant (HPP) and loads. The article also examines the impact of charging and discharging characteristics of the BESS on its operation, analyzing the behavior of the storage unit for the given operation plans. The last element of the analysis is to control the power flow in the private network. The operation of the VPP for the given scenario of power flow control was examined. The aim of the scenario is to adjust the load of the private network to the level set by the function. The tests of power flow are carried out on the day on which the maximum power demand occurred. The analysis was performed for four cases: a constant value limitation when the HPP is in operation and when it is not, and two limits set by function during normal operation of the HPP. Thus, the article deals not only with the issue of determining the actual characteristics of charging and discharging the storage unit, but also their impact on the operation of the entire VPP.

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Estimating the Impact of Electric Vehicle Demand Response Programs in a Grid with Varying Levels of Renewable Energy Sources: Time-of-Use Tariff versus Smart Charging

Cited by 27 publications

References 16 publications

Benefits of the Bus Rapid Transit System on the Reduction of Road TravelCrashes

Benefits of the Bus Rapid Transit System on the Reduction of Road TravelCrashes

Electromobility in Australia: Tariff Design Structure and Consumer Preferences for Mobile Distributed Energy Storage

A Case Study on Battery Energy Storage System in a Virtual Power Plant: Defining Charging and Discharging Characteristics

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