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Influence of the controllability of electric vehicles on generation and storage capacity expansion decisions

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  • Carrión, Miguel
  • Domínguez, Ruth
  • Zárate-Miñano, Rafael

Abstract

This paper proposes a capacity investment model to analyze the influence of the controllability of the charge of plug-in electric vehicles (PEVs) in generation and storage expansion decisions. The proposed model provides the financial incentives that should be offered to PEV users in order to implement the optimal expansion decisions. Considering that the decision-making process faced by the power system planner must simultaneously consider long- and short-term uncertainties, a three-stage stochastic programming problem is formulated. In this model, capacity investments and financial incentives for PEV users are decided in the first stage, whereas operating decisions regarding the day-ahead and real-time markets are made in the second and third stages, respectively. Numerical results are provided from a realistic case study based on the isolated power system comprising Lanzarote and Fuerteventura islands in Spain.

Suggested Citation

  • Carrión, Miguel & Domínguez, Ruth & Zárate-Miñano, Rafael, 2019. "Influence of the controllability of electric vehicles on generation and storage capacity expansion decisions," Energy, Elsevier, vol. 189(C).
    • Handle: RePEc:eee:energy:v:189:y:2019:i:c:s0360544219318511
    DOI: 10.1016/j.energy.2019.116156
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    References listed on IDEAS

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