Technical Economic Analysis on V2G Mode Shifting Peak Load

Abstract:

As the electric vehicles (EVs) such as hybrid, battery, and fuel cell cars have become common in market, there is an opportunity to apply vehicle-to-grid (V2G) power. This article introduces the concept of V2G and uses equations to calculate the capacity for grid power from defined electric drive vehicles. Further this paper evaluates the revenue and costs for V2G mode from selling electricity into market. The results show that developing V2G mode provides electric vehicles owners and electric utilities additional revenue, stability and reliability of the electric grid, lower-cost storage for intermittent power resources.

• Periodical: Advanced Materials Research (Volumes 860-863)
• Pages: 1105-1109
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.860-863.1105
• Online since: December 2013
• Authors: Meng Jie Wu*, Qiang Qiang Liao, Guo Ding Zhou, Xiao Lin Liu, Shen Yang Zhang
• Keywords: Electric Vehicle (EV), Peak Load, V2G

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