IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v307y2022ics0306261921014586.html
   My bibliography  Save this article

Revenue opportunities by integrating combined vehicle-to-home and vehicle-to-grid applications in smart homes

Author

Listed:
  • Kern, Timo
  • Dossow, Patrick
  • Morlock, Elena

Abstract

A smart integration of electric vehicles (EVs) in the future energy system will be crucial in decarbonizing the energy sector. Bidirectional EVs can provide flexibility for the system and generate revenues for the user through multiple use cases. We model both exclusive photovoltaic (PV) self-consumption optimization and the combined usage of PV self-consumption optimization and arbitrage trading for a household with an unmanaged, smart, and bidirectional charging EV in a linear (LP) and mixed-integer linear programming (MILP). Since power flows in a typical household are low, varying non-linear charging and discharging efficiencies of the bidirectional EV in the MILP result in more realistic revenues that are 30% lower than in the LP with fixed efficiencies. For a typical German household using a bidirectional EV for optimizing PV self-consumption, these revenues are about 310 €/a, mostly generated during the summer. Arbitrage trading well complements this vehicle-to-home use case in the winter months, resulting in revenues up to 530 €/a. These significant revenue potentials can lead to more profitable and interactive EVs incentivizing users to change from internal combustion vehicles to electric mobility.

Suggested Citation

  • Kern, Timo & Dossow, Patrick & Morlock, Elena, 2022. "Revenue opportunities by integrating combined vehicle-to-home and vehicle-to-grid applications in smart homes," Applied Energy, Elsevier, vol. 307(C).
    • Handle: RePEc:eee:appene:v:307:y:2022:i:c:s0306261921014586
    DOI: 10.1016/j.apenergy.2021.118187
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306261921014586
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.apenergy.2021.118187?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Mathias Müller & Florian Biedenbach & Janis Reinhard, 2020. "Development of an Integrated Simulation Model for Load and Mobility Profiles of Private Households," Energies, MDPI, vol. 13(15), pages 1-33, July.
    2. Chen, Jianhong & Zhang, Youlang & Li, Xinzhou & Sun, Bo & Liao, Qiangqiang & Tao, Yibin & Wang, Zhiqin, 2020. "Strategic integration of vehicle-to-home system with home distributed photovoltaic power generation in Shanghai," Applied Energy, Elsevier, vol. 263(C).
    3. Martin Robinius & Alexander Otto & Philipp Heuser & Lara Welder & Konstantinos Syranidis & David S. Ryberg & Thomas Grube & Peter Markewitz & Ralf Peters & Detlef Stolten, 2017. "Linking the Power and Transport Sectors—Part 1: The Principle of Sector Coupling," Energies, MDPI, vol. 10(7), pages 1-22, July.
    4. Salpakari, Jyri & Rasku, Topi & Lindgren, Juuso & Lund, Peter D., 2017. "Flexibility of electric vehicles and space heating in net zero energy houses: an optimal control model with thermal dynamics and battery degradation," Applied Energy, Elsevier, vol. 190(C), pages 800-812.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Liu, Xiaochen & Fu, Zhi & Qiu, Siyuan & Zhang, Tao & Li, Shaojie & Yang, Zhi & Liu, Xiaohua & Jiang, Yi, 2023. "Charging private electric vehicles solely by photovoltaics: A battery-free direct-current microgrid with distributed charging strategy," Applied Energy, Elsevier, vol. 341(C).
    2. Wohlschlager, Daniela & Kigle, Stephan & Schindler, Vanessa & Neitz-Regett, Anika & Fröhling, Magnus, 2024. "Environmental effects of vehicle-to-grid charging in future energy systems – A prospective life cycle assessment," Applied Energy, Elsevier, vol. 370(C).
    3. Alexandre F. M. Correia & Pedro Moura & Aníbal T. de Almeida, 2022. "Technical and Economic Assessment of Battery Storage and Vehicle-to-Grid Systems in Building Microgrids," Energies, MDPI, vol. 15(23), pages 1-23, November.
    4. Muessel, Jarusch & Ruhnau, Oliver & Madlener, Reinhard, 2022. "Modeling Volatility and Flexibility of Electric Vehicles’ Energy Consumption," FCN Working Papers 17/2022, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised 01 May 2023.
    5. Yannick Pohlmann & Carl-Friedrich Klinck, 2023. "Techno-Economic Potential of V2B in a Neighborhood, Considering Tariff Models and Battery Cycle Limits," Energies, MDPI, vol. 16(11), pages 1-24, May.
    6. Makeen, Peter & Ghali, Hani A. & Memon, Saim & Duan, Fang, 2023. "Smart techno-economic operation of electric vehicle charging station in Egypt," Energy, Elsevier, vol. 264(C).
    7. Wu, Yan & Aziz, Syed Mahfuzul & Haque, Mohammed H., 2024. "Vehicle-to-home operation and multi-location charging of electric vehicles for energy cost optimisation of households with photovoltaic system and battery energy storage," Renewable Energy, Elsevier, vol. 221(C).
    8. Muchun Wan & Heyang Yu & Yingning Huo & Kan Yu & Quanyuan Jiang & Guangchao Geng, 2024. "Feasibility and Challenges for Vehicle-to-Grid in Electricity Market: A Review," Energies, MDPI, vol. 17(3), pages 1-23, January.
    9. Park, Sung-Won & Son, Sung-Yong, 2023. "Techno-economic analysis for the electric vehicle battery aging management of charge point operator," Energy, Elsevier, vol. 280(C).
    10. Higashitani, Takuya & Ikegami, Takashi & Akisawa, Atsushi, 2024. "Optimization of residential energy system configurations considering the bidirectional power supply of electric vehicles and electricity interchange between two residences," Energy, Elsevier, vol. 303(C).
    11. Müller, Mathias & Blume, Yannic & Reinhard, Janis, 2022. "Impact of behind-the-meter optimised bidirectional electric vehicles on the distribution grid load," Energy, Elsevier, vol. 255(C).
    12. Saberi-Beglar, Kasra & Zare, Kazem & Seyedi, Heresh & Marzband, Mousa & Nojavan, Sayyad, 2023. "Risk-embedded scheduling of a CCHP integrated with electric vehicle parking lot in a residential energy hub considering flexible thermal and electrical loads," Applied Energy, Elsevier, vol. 329(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Müller, Mathias & Blume, Yannic & Reinhard, Janis, 2022. "Impact of behind-the-meter optimised bidirectional electric vehicles on the distribution grid load," Energy, Elsevier, vol. 255(C).
    2. Guo, Yurun & Wang, Shugang & Wang, Jihong & Zhang, Tengfei & Ma, Zhenjun & Jiang, Shuang, 2024. "Key district heating technologies for building energy flexibility: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 189(PB).
    3. Shi, Xiao & Pan, Jian & Wang, Hewu & Cai, Hua, 2019. "Battery electric vehicles: What is the minimum range required?," Energy, Elsevier, vol. 166(C), pages 352-358.
    4. Maruf, Md. Nasimul Islam, 2021. "Open model-based analysis of a 100% renewable and sector-coupled energy system–The case of Germany in 2050," Applied Energy, Elsevier, vol. 288(C).
    5. Fridgen, Gilbert & Keller, Robert & Körner, Marc-Fabian & Schöpf, Michael, 2020. "A holistic view on sector coupling," Energy Policy, Elsevier, vol. 147(C).
    6. Blanco, Herib & Gómez Vilchez, Jonatan J. & Nijs, Wouter & Thiel, Christian & Faaij, André, 2019. "Soft-linking of a behavioral model for transport with energy system cost optimization applied to hydrogen in EU," Renewable and Sustainable Energy Reviews, Elsevier, vol. 115(C).
    7. Stefan Arens & Sunke Schlüters & Benedikt Hanke & Karsten von Maydell & Carsten Agert, 2020. "Sustainable Residential Energy Supply: A Literature Review-Based Morphological Analysis," Energies, MDPI, vol. 13(2), pages 1-28, January.
    8. Els van der Roest & Stijn Beernink & Niels Hartog & Jan Peter van der Hoek & Martin Bloemendal, 2021. "Towards Sustainable Heat Supply with Decentralized Multi-Energy Systems by Integration of Subsurface Seasonal Heat Storage," Energies, MDPI, vol. 14(23), pages 1-31, November.
    9. Stöckl, Fabian & Schill, Wolf-Peter & Zerrahn, Alexander, 2021. "Optimal supply chains and power sector benefits of green hydrogen," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 11.
    10. Niu, Jide & Li, Xiaoyuan & Tian, Zhe & Yang, Hongxing, 2024. "Uncertainty analysis of the electric vehicle potential for a household to enhance robustness in decision on the EV/V2H technologies," Applied Energy, Elsevier, vol. 365(C).
    11. Els van der Roest & Theo Fens & Martin Bloemendal & Stijn Beernink & Jan Peter van der Hoek & Ad J. M. van Wijk, 2021. "The Impact of System Integration on System Costs of a Neighborhood Energy and Water System," Energies, MDPI, vol. 14(9), pages 1-33, May.
    12. Finck, Christian & Li, Rongling & Kramer, Rick & Zeiler, Wim, 2018. "Quantifying demand flexibility of power-to-heat and thermal energy storage in the control of building heating systems," Applied Energy, Elsevier, vol. 209(C), pages 409-425.
    13. Jasmine Ramsebner & Reinhard Haas & Amela Ajanovic & Martin Wietschel, 2021. "The sector coupling concept: A critical review," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 10(4), July.
    14. Martin Robinius & Alexander Otto & Konstantinos Syranidis & David S. Ryberg & Philipp Heuser & Lara Welder & Thomas Grube & Peter Markewitz & Vanessa Tietze & Detlef Stolten, 2017. "Linking the Power and Transport Sectors—Part 2: Modelling a Sector Coupling Scenario for Germany," Energies, MDPI, vol. 10(7), pages 1-23, July.
    15. Zou, Wenke & Sun, Yongjun & Gao, Dian-ce & Zhang, Xu & Liu, Junyao, 2023. "A review on integration of surging plug-in electric vehicles charging in energy-flexible buildings: Impacts analysis, collaborative management technologies, and future perspective," Applied Energy, Elsevier, vol. 331(C).
    16. Chloi Syranidou & Jochen Linssen & Detlef Stolten & Martin Robinius, 2020. "Integration of Large-Scale Variable Renewable Energy Sources into the Future European Power System: On the Curtailment Challenge," Energies, MDPI, vol. 13(20), pages 1-23, October.
    17. Colbertaldo, Paolo & Guandalini, Giulio & Campanari, Stefano, 2018. "Modelling the integrated power and transport energy system: The role of power-to-gas and hydrogen in long-term scenarios for Italy," Energy, Elsevier, vol. 154(C), pages 592-601.
    18. Hansjörg Drewello, 2022. "Towards a Theory of Local Energy Transition," Sustainability, MDPI, vol. 14(18), pages 1-20, September.
    19. Hoffmann, Maximilian & Priesmann, Jan & Nolting, Lars & Praktiknjo, Aaron & Kotzur, Leander & Stolten, Detlef, 2021. "Typical periods or typical time steps? A multi-model analysis to determine the optimal temporal aggregation for energy system models," Applied Energy, Elsevier, vol. 304(C).
    20. Rémi Delage & Taichi Matsuoka & Toshihiko Nakata, 2021. "Spatial–Temporal Estimation and Analysis of Japan Onshore and Offshore Wind Energy Potential," Energies, MDPI, vol. 14(8), pages 1-12, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:307:y:2022:i:c:s0306261921014586. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.