Household Electricity Cost Optimization with Vehicle-to-Home Technology and Mixed-Integer Linear Programming

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

5 Citations (Scopus)

Abstract

The electrification of transportation is crucial for the energy transition and electric vehicles (EVs) have benefits beyond reducing emissions. EVs can aid in demand response and be used for vehicle-to-grid (V2G) or vehicle-to-home (V2H) operations, which can enhance power grid stability and provide economic advantages for EV owners during times of high electricity demand or prices. This study evaluates the economic benefits of V2H technology for detached households with varying primary heating sources, using mixed-integer linear programming (MILP) and real-world data. Based on the results, V2H can provide significant savings for households regardless of building primary heating source.
Original languageEnglish
Title of host publication2023 International Conference on Future Energy Solutions, FES 2023
PublisherIEEE
Number of pages5
ISBN (Electronic)979-8-3503-3230-8
DOIs
Publication statusPublished - 19 Jul 2023
MoE publication typeA4 Conference publication
EventInternational Conference on Future Energy Solutions - Vaasa, Finland
Duration: 12 Jun 202314 Jun 2023

Conference

ConferenceInternational Conference on Future Energy Solutions
Abbreviated titleFES
Country/TerritoryFinland
CityVaasa
Period12/06/202314/06/2023

Keywords

  • electric vehicle
  • Vehicle-to-home
  • Demand response
  • Mixed-integer linear programming (MILP)
  • vehicle-to-grid
  • electricity cost
  • optimization

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