A Model for Cost–Benefit Analysis of Privately Owned Vehicle-to-Grid Solutions
Although the increasing adoption of electric vehicles (EVs) is overall positive for the environment and for the sustainable use of resources, the extra effort that requires purchasing an EV when compared to an equivalent internal combustion engine (ICE) competitor make them less appealing from an ec...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2020-11-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/13/21/5814 |
| _version_ | 1797548596937097216 |
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| author | Jesús Rodríguez-Molina Pedro Castillejo Victoria Beltran Margarita Martínez-Núñez |
| author_facet | Jesús Rodríguez-Molina Pedro Castillejo Victoria Beltran Margarita Martínez-Núñez |
| author_sort | Jesús Rodríguez-Molina |
| collection | DOAJ |
| description | Although the increasing adoption of electric vehicles (EVs) is overall positive for the environment and for the sustainable use of resources, the extra effort that requires purchasing an EV when compared to an equivalent internal combustion engine (ICE) competitor make them less appealing from an economical point of view. In addition to that, there are other challenges in EVs (autonomy, battery, recharge time, etc.) that are non-existent in ICE vehicles. Nevertheless, the possibility of providing electricity to the power grid via vehicle-to-grid technology (V2G), along with lower maintenance costs, could prove that EVs are the most economically efficient option in the long run. Indeed, enabling V2G would make EVs capable of saving some costs for their vehicle owners, thus making them a better long-term mobility choice that could trigger deep changes in habits of vehicle owners. This paper describes a cost–benefit analysis of how consumers can make use of V2G solutions, in a way that they can use their vehicle for transport purposes and obtain revenues when injecting energy into the power grid. |
| first_indexed | 2024-03-10T15:01:52Z |
| format | Article |
| id | doaj.art-2165fbe8df904a048914416ef0823d16 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T15:01:52Z |
| publishDate | 2020-11-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-2165fbe8df904a048914416ef0823d162023-11-20T20:03:14ZengMDPI AGEnergies1996-10732020-11-011321581410.3390/en13215814A Model for Cost–Benefit Analysis of Privately Owned Vehicle-to-Grid SolutionsJesús Rodríguez-Molina0Pedro Castillejo1Victoria Beltran2Margarita Martínez-Núñez3Department of Telematics and Electronics Engineering, Technical University of Madrid, 28031 Madrid, SpainDepartment of Telematics and Electronics Engineering, Technical University of Madrid, 28031 Madrid, SpainDepartment of Electronics, Computer Technology and Projects, Technical University of Cartagena, 30203 Cartagena, SpainDepartment of Organization Engineering, Business Administration and Statistics, Technical University of Madrid, 28031 Madrid, SpainAlthough the increasing adoption of electric vehicles (EVs) is overall positive for the environment and for the sustainable use of resources, the extra effort that requires purchasing an EV when compared to an equivalent internal combustion engine (ICE) competitor make them less appealing from an economical point of view. In addition to that, there are other challenges in EVs (autonomy, battery, recharge time, etc.) that are non-existent in ICE vehicles. Nevertheless, the possibility of providing electricity to the power grid via vehicle-to-grid technology (V2G), along with lower maintenance costs, could prove that EVs are the most economically efficient option in the long run. Indeed, enabling V2G would make EVs capable of saving some costs for their vehicle owners, thus making them a better long-term mobility choice that could trigger deep changes in habits of vehicle owners. This paper describes a cost–benefit analysis of how consumers can make use of V2G solutions, in a way that they can use their vehicle for transport purposes and obtain revenues when injecting energy into the power grid.https://www.mdpi.com/1996-1073/13/21/5814electric vehiclevehicle-to-gridcost–benefit analysis |
| spellingShingle | Jesús Rodríguez-Molina Pedro Castillejo Victoria Beltran Margarita Martínez-Núñez A Model for Cost–Benefit Analysis of Privately Owned Vehicle-to-Grid Solutions Energies electric vehicle vehicle-to-grid cost–benefit analysis |
| title | A Model for Cost–Benefit Analysis of Privately Owned Vehicle-to-Grid Solutions |
| title_full | A Model for Cost–Benefit Analysis of Privately Owned Vehicle-to-Grid Solutions |
| title_fullStr | A Model for Cost–Benefit Analysis of Privately Owned Vehicle-to-Grid Solutions |
| title_full_unstemmed | A Model for Cost–Benefit Analysis of Privately Owned Vehicle-to-Grid Solutions |
| title_short | A Model for Cost–Benefit Analysis of Privately Owned Vehicle-to-Grid Solutions |
| title_sort | model for cost benefit analysis of privately owned vehicle to grid solutions |
| topic | electric vehicle vehicle-to-grid cost–benefit analysis |
| url | https://www.mdpi.com/1996-1073/13/21/5814 |
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