IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v71y2014icp22-30.html
   My bibliography  Save this article

Economic analysis of second use electric vehicle batteries for residential energy storage and load-levelling

Author

Listed:
  • Heymans, Catherine
  • Walker, Sean B.
  • Young, Steven B.
  • Fowler, Michael

Abstract

The reuse of Li-ion EV batteries for energy storage systems (ESS) in stationary settings is a promising technology to support improved management of demand and supply of electricity. In this paper, MatLAB simulation of a residential energy profile and regulated cost structure is used to analyze the feasibility of and cost savings from repurposing an EV battery unit for peak-shifting. in situ residential energy storage can contribute to the implementation of a smart grid by supporting the reduction of demand during typical peak use periods. Use of an ESS increases household energy use but potentially improves economic effectiveness and reduces greenhouse gas emissions. The research supports the use of financial incentives for Li-ion battery reuse in ESS, including lower energy rates and reduced auxiliary fees.

Suggested Citation

  • Heymans, Catherine & Walker, Sean B. & Young, Steven B. & Fowler, Michael, 2014. "Economic analysis of second use electric vehicle batteries for residential energy storage and load-levelling," Energy Policy, Elsevier, vol. 71(C), pages 22-30.
    • Handle: RePEc:eee:enepol:v:71:y:2014:i:c:p:22-30
    DOI: 10.1016/j.enpol.2014.04.016
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421514002328
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2014.04.016?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. Richardson, David B., 2013. "Electric vehicles and the electric grid: A review of modeling approaches, Impacts, and renewable energy integration," Renewable and Sustainable Energy Reviews, Elsevier, vol. 19(C), pages 247-254.
    2. Dan DeLaurentis & Robert K. “CAB” Callaway, 2004. "A System‐of‐Systems Perspective for Public Policy Decisions," Review of Policy Research, Policy Studies Organization, vol. 21(6), pages 829-837, November.
    3. Sekyung Han & Soohee Han, 2013. "Economic Feasibility of V2G Frequency Regulation in Consideration of Battery Wear," Energies, MDPI, vol. 6(2), pages 1-18, February.
    Full references (including those not matched with items on IDEAS)

    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. Zhang, Chengquan & Kitamura, Hiroshi & Goto, Mika, 2024. "Feasibility of vehicle-to-grid (V2G) implementation in Japan: A regional analysis of the electricity supply and demand adjustment market," Energy, Elsevier, vol. 311(C).
    2. Chaouachi, Aymen & Bompard, Ettore & Fulli, Gianluca & Masera, Marcelo & De Gennaro, Michele & Paffumi, Elena, 2016. "Assessment framework for EV and PV synergies in emerging distribution systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 719-728.
    3. Maria Taljegard & Lisa Göransson & Mikael Odenberger & Filip Johnsson, 2021. "To Represent Electric Vehicles in Electricity Systems Modelling—Aggregated Vehicle Representation vs. Individual Driving Profiles," Energies, MDPI, vol. 14(3), pages 1-25, January.
    4. Funcke, Simon & Bauknecht, Dierk, 2016. "Typology of centralised and decentralised visions for electricity infrastructure," Utilities Policy, Elsevier, vol. 40(C), pages 67-74.
    5. Audoly, Richard & Vogt-Schilb, Adrien & Guivarch, Céline & Pfeiffer, Alexander, 2018. "Pathways toward zero-carbon electricity required for climate stabilization," Applied Energy, Elsevier, vol. 225(C), pages 884-901.
    6. Yilmaz, Murat, 2015. "Limitations/capabilities of electric machine technologies and modeling approaches for electric motor design and analysis in plug-in electric vehicle applications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 80-99.
    7. Shi You & Junjie Hu & Charalampos Ziras, 2016. "An Overview of Modeling Approaches Applied to Aggregation-Based Fleet Management and Integration of Plug-in Electric Vehicles †," Energies, MDPI, vol. 9(11), pages 1-18, November.
    8. Al-Zareer, Maan & Dincer, Ibrahim & Rosen, Marc A., 2019. "Comparative assessment of new liquid-to-vapor type battery cooling systems," Energy, Elsevier, vol. 188(C).
    9. Romo, R. & Micheloud, O., 2015. "Power quality of actual grids with plug-in electric vehicles in presence of renewables and micro-grids," Renewable and Sustainable Energy Reviews, Elsevier, vol. 46(C), pages 189-200.
    10. Andriosopoulos, Kostas & Bigerna, Simona & Bollino, Carlo Andrea & Micheli, Silvia, 2018. "The impact of age on Italian consumers' attitude toward alternative fuel vehicles," Renewable Energy, Elsevier, vol. 119(C), pages 299-308.
    11. Bhandari, Vivek & Sun, Kaiyang & Homans, Frances, 2018. "The profitability of vehicle to grid for system participants - A case study from the Electricity Reliability Council of Texas," Energy, Elsevier, vol. 153(C), pages 278-286.
    12. Cindy Paola Guzman & Nataly Bañol Arias & John Fredy Franco & Marcos J. Rider & Rubén Romero, 2020. "Enhanced Coordination Strategy for an Aggregator of Distributed Energy Resources Participating in the Day-Ahead Reserve Market," Energies, MDPI, vol. 13(8), pages 1-22, April.
    13. Alabi, Oluwafisayo & Turner, Karen & Figus, Gioele & Katris, Antonios & Calvillo, Christian, 2020. "Can spending to upgrade electricity networks to support electric vehicles (EVs) roll-outs unlock value in the wider economy?," Energy Policy, Elsevier, vol. 138(C).
    14. Raslavičius, Laurencas & Azzopardi, Brian & Keršys, Artūras & Starevičius, Martynas & Bazaras, Žilvinas & Makaras, Rolandas, 2015. "Electric vehicles challenges and opportunities: Lithuanian review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 786-800.
    15. Rahman, Syed & Khan, Irfan Ahmed & Khan, Ashraf Ali & Mallik, Ayan & Nadeem, Muhammad Faisal, 2022. "Comprehensive review & impact analysis of integrating projected electric vehicle charging load to the existing low voltage distribution system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    16. Berjawi, A.E.H. & Walker, S.L. & Patsios, C. & Hosseini, S.H.R., 2021. "An evaluation framework for future integrated energy systems: A whole energy systems approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 145(C).
    17. Szinai, Julia K. & Sheppard, Colin J.R. & Abhyankar, Nikit & Gopal, Anand R., 2020. "Reduced grid operating costs and renewable energy curtailment with electric vehicle charge management," Energy Policy, Elsevier, vol. 136(C).
    18. Auping, Willem L. & Pruyt, Erik & de Jong, Sijbren & Kwakkel, Jan H., 2016. "The geopolitical impact of the shale revolution: Exploring consequences on energy prices and rentier states," Energy Policy, Elsevier, vol. 98(C), pages 390-399.
    19. Frew, Bethany A. & Becker, Sarah & Dvorak, Michael J. & Andresen, Gorm B. & Jacobson, Mark Z., 2016. "Flexibility mechanisms and pathways to a highly renewable US electricity future," Energy, Elsevier, vol. 101(C), pages 65-78.
    20. Ren, Haoshan & Ma, Zhenjun & Fai Norman Tse, Chung & Sun, Yongjun, 2022. "Optimal control of solar-powered electric bus networks with improved renewable energy on-site consumption and reduced grid dependence," Applied Energy, Elsevier, vol. 323(C).

    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:enepol:v:71:y:2014:i:c:p:22-30. 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/locate/enpol .

    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.