IDEAS home Printed from https://ideas.repec.org/a/eee/juipol/v90y2024ics0957178724000833.html
   My bibliography  Save this article

Commercial electric vehicle fleets in U.S. ancillary services markets: A stochastic analysis to inform utility rate design

Author

Listed:
  • Owens, James
  • Schittekatte, Tim
  • Gençer, Emre

Abstract

For commercial fleets in the United States, traditional electricity tariffs can disincentivize vehicle-to-grid (V2G) participation and render electrification less attractive. First, we show that absent a rate redesign, opportunities for both fleets and the grid are missed. We propose a rate design modification: demand charge relaxation during off-peak (overnight) hours. This approach would enable fleets to shift additional load share to overnight hours and increase ancillary service revenues without the expectation of impacting local grid cost drivers (i.e., coincident peak load). Applied to a California case study, operational savings spanning 7.5% and 20.6% are realized via increased capacity revenues and deferred demand charges.

Suggested Citation

  • Owens, James & Schittekatte, Tim & Gençer, Emre, 2024. "Commercial electric vehicle fleets in U.S. ancillary services markets: A stochastic analysis to inform utility rate design," Utilities Policy, Elsevier, vol. 90(C).
  • Handle: RePEc:eee:juipol:v:90:y:2024:i:c:s0957178724000833
    DOI: 10.1016/j.jup.2024.101790
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0957178724000833
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.jup.2024.101790?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.

    More about this item

    Statistics

    Access and download statistics

    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:juipol:v:90:y:2024:i:c:s0957178724000833. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: https://www.sciencedirect.com/journal/utilities-policy .

    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.