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dc.contributor.authorGreaker, Mads
dc.contributor.authorHagem, Cathrine
dc.contributor.authorProost, Stef
dc.date.accessioned2023-03-02T10:34:54Z
dc.date.available2023-03-02T10:34:54Z
dc.date.created2022-09-05T20:19:39Z
dc.date.issued2022
dc.identifier.issn0928-7655
dc.identifier.issn1873-0221
dc.identifier.urihttps://hdl.handle.net/11250/3055274
dc.description.abstractHigher battery storage capacity in electric vehicles (EV) can potentially serve two purposes: First, the larger the capacity, the less need for inconvenient recharging during long trips. Second, the larger the capacity, the larger the potential gains from vehicle-to-grid (V2G) electricity supply during peak prices or during periods of imbalance. We present an analytical model for the intertwinement of the consumers’ choice of battery capacity and the potential for supplying power to the electricity market. We show that V2G increases the consumers’ choice of battery capacity, and it may reduce the cost of owning an EV vis-à-vis a traditional car. Furthermore, V2G alleviates the capacity pressure on peak hours, and thereby reduces the need for investment in backup power, saving social costs. Based on a future scenario for the Belgian electricity market, we provide a numerical illustration indicating that the savings may be substantial.en_US
dc.language.isoengen_US
dc.publisherElsevieren_US
dc.relation.ispartofseriesResource and Energy Economics;Volume 69, August 2022, 101310
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.no*
dc.titleAn economic model of vehicle-to grid: Impacts on the electricity market and consumer cost of electric vehiclesen_US
dc.title.alternativeVehicle-to-Grid: Impacts on the electricity market and consumer cost of electric vehiclesen_US
dc.typePeer revieweden_US
dc.typeJournal articleen_US
dc.description.versionacceptedVersionen_US
dc.source.articlenumber101310en_US
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1
dc.identifier.doihttps://doi.org/10.1016/j.reseneeco.2022.101310
dc.identifier.cristin2049051
dc.source.journalResource and Energy Economicsen_US
dc.source.volume69en_US
dc.source.issue69en_US
dc.source.pagenumber26en_US


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Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal