Impact of V2G, V2H and FCR to Electricity Costs of Households with Varying Primary Heating Sources

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

1 Citation (Scopus)

Abstract

Beyond their primary function, electric vehicles (EVs) can support power grid stability and provide EV owners both savings and extra income through different demand response programmes and bidirectional charging. This research compares the financial benefits of implicit demand response, vehicle-to-grid (V2G), vehicle-to-home (V2H) and frequency containment reserve (FCR) in detached houses with varying primary heating sources. The approach involves mixed-integer linear programming (MILP) and the use of real-world data. The findings suggest that the combination of V2H and V2G offers the largest financial benefit, with yearly electricity bill savings reaching 10 % for a typical household. Largest percentual savings were reached by oil heated households, with largest monetary benefit gained by direct electric heated households.
Original languageEnglish
Title of host publication2023 IEEE 26th International Conference on Intelligent Transportation Systems, ITSC 2023
PublisherIEEE
Pages3323-3328
Number of pages6
ISBN (Electronic)979-8-3503-9946-2
DOIs
Publication statusPublished - 2023
MoE publication typeA4 Conference publication
EventIEEE International Conference on Intelligent Transportation Systems - Bilbao, Spain
Duration: 24 Sept 202328 Sept 2023
Conference number: 26

Publication series

NameIEEE International Conference on Intelligent Transportation Systems proceedings
PublisherIEEE
ISSN (Electronic)2153-0017

Conference

ConferenceIEEE International Conference on Intelligent Transportation Systems
Abbreviated titleITSC
Country/TerritorySpain
CityBilbao
Period24/09/202328/09/2023

Keywords

  • Battery degradation
  • Demand response
  • Electric vehicle (EV)
  • Household
  • MILP (mixed integer linear programming)
  • Vehicle-to-Grid

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