IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v331y2023ics030626192201666x.html
   My bibliography  Save this article

Economic and emission reduction benefits of the implementation of eVTOL aircraft with bi-directional flow as storage systems in islands and case study for Canary Islands

Author

Listed:
  • Velaz-Acera, Néstor
  • Álvarez-García, Javier
  • Borge-Diez, David

Abstract

This research paper presents a novel approach for cost-benefit analysis for the bi-directional functionality of eVTOL (Electric Vertical Take-Off and Landing) aircraft charging. eVTOL aircrafts represents an emerging aviation market that seeks to revolutionize mobility, both intra-city and inter-city, through an air transportation system for passengers based on safety, efficiency and accessibility on demand. In this research, an optimization based on genetic algorithms has been used to find the number of eVTOL vehicles which makes vehicle-to-grid services profitable for each of the electrical systems considered. This research discusses the impact that vehicle-to-grid eVTOL aircraft would cause, changing the current demand curve peaks and the economic benefits for eVTOL end users, power plant companies and system operator. The results show that there is an increase in the penetration of renewable energy sources, causing a reduction of approximately 4.6% in global emissions. In addition, the benefits obtained by the stakeholders considered in the system is greater than zero. The methodology considered in this research offers a new perspective for electrical systems to predict the demand of eVTOL aircraft, in specific territories, such as in the presented case study in the Archipelago of Canary Islands.

Suggested Citation

  • Velaz-Acera, Néstor & Álvarez-García, Javier & Borge-Diez, David, 2023. "Economic and emission reduction benefits of the implementation of eVTOL aircraft with bi-directional flow as storage systems in islands and case study for Canary Islands," Applied Energy, Elsevier, vol. 331(C).
  • Handle: RePEc:eee:appene:v:331:y:2023:i:c:s030626192201666x
    DOI: 10.1016/j.apenergy.2022.120409
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S030626192201666X
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.apenergy.2022.120409?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. Xu, Jie & Huang, Yuping, 2022. "The short-term optimal resource allocation approach for electric vehicles and V2G service stations," Applied Energy, Elsevier, vol. 319(C).
    2. Sigrist, L. & Lobato, E. & Rouco, L. & Gazzino, M. & Cantu, M., 2017. "Economic assessment of smart grid initiatives for island power systems," Applied Energy, Elsevier, vol. 189(C), pages 403-415.
    3. Michael Child & Alexander Nordling & Christian Breyer, 2018. "The Impacts of High V2G Participation in a 100% Renewable Åland Energy System," Energies, MDPI, vol. 11(9), pages 1-19, August.
    4. Kandpal, Bakul & Pareek, Parikshit & Verma, Ashu, 2022. "A robust day-ahead scheduling strategy for EV charging stations in unbalanced distribution grid," Energy, Elsevier, vol. 249(C).
    5. Kyungsung An & Kyung-Bin Song & Kyeon Hur, 2017. "Incorporating Charging/Discharging Strategy of Electric Vehicles into Security-Constrained Optimal Power Flow to Support High Renewable Penetration," Energies, MDPI, vol. 10(5), pages 1-15, May.
    6. L. Alvarado-Barrios & A. Rodríguez del Nozal & A. Tapia & J. L. Martínez-Ramos & D. G. Reina, 2019. "An Evolutionary Computational Approach for the Problem of Unit Commitment and Economic Dispatch in Microgrids under Several Operation Modes," Energies, MDPI, vol. 12(11), pages 1-23, June.
    7. Mortaz, Ebrahim & Vinel, Alexander & Dvorkin, Yury, 2019. "An optimization model for siting and sizing of vehicle-to-grid facilities in a microgrid," Applied Energy, Elsevier, vol. 242(C), pages 1649-1660.
    8. Charilaos Latinopoulos & Aruna Sivakumar & John W. Polak, 2021. "Optimal Pricing of Vehicle-to-Grid Services Using Disaggregate Demand Models," Energies, MDPI, vol. 14(4), pages 1-27, February.
    9. Hye-Seung Han & Eunsung Oh & Sung-Yong Son, 2018. "Study on EV Charging Peak Reduction with V2G Utilizing Idle Charging Stations: The Jeju Island Case," Energies, MDPI, vol. 11(7), pages 1-13, June.
    10. Rajendran, Suchithra & Srinivas, Sharan & Grimshaw, Trenton, 2021. "Predicting demand for air taxi urban aviation services using machine learning algorithms," Journal of Air Transport Management, Elsevier, vol. 92(C).
    11. Chapaloglou, Spyridon & Nesiadis, Athanasios & Iliadis, Petros & Atsonios, Konstantinos & Nikolopoulos, Nikos & Grammelis, Panagiotis & Yiakopoulos, Christos & Antoniadis, Ioannis & Kakaras, Emmanuel, 2019. "Smart energy management algorithm for load smoothing and peak shaving based on load forecasting of an island’s power system," Applied Energy, Elsevier, vol. 238(C), pages 627-642.
    12. Al Haddad, Christelle & Chaniotakis, Emmanouil & Straubinger, Anna & Plötner, Kay & Antoniou, Constantinos, 2020. "Factors affecting the adoption and use of urban air mobility," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 696-712.
    13. Wu, Wei & Lin, Boqiang, 2021. "Benefits of electric vehicles integrating into power grid," Energy, Elsevier, vol. 224(C).
    14. Kevin R. Mallon & Francis Assadian & Bo Fu, 2017. "Analysis of On-Board Photovoltaics for a Battery Electric Bus and Their Impact on Battery Lifespan," Energies, MDPI, vol. 10(7), pages 1-31, July.
    15. Rajendran, Suchithra & Srinivas, Sharan, 2020. "Air taxi service for urban mobility: A critical review of recent developments, future challenges, and opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 143(C).
    16. Ciarreta, Aitor & Espinosa, Maria Paz & Pizarro-Irizar, Cristina, 2017. "Optimal regulation of renewable energy: A comparison of Feed-in Tariffs and Tradable Green Certificates in the Spanish electricity system," Energy Economics, Elsevier, vol. 67(C), pages 387-399.
    17. Tan, Kang Miao & Ramachandaramurthy, Vigna K. & Yong, Jia Ying & Tariq, Mohd, 2021. "Experimental verification of a flexible vehicle-to-grid charger for power grid load variance reduction," Energy, Elsevier, vol. 228(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chiara Caterina Ditta & Maria Nadia Postorino, 2023. "Three-Dimensional Urban Air Networks for Future Urban Air Transport Systems," Sustainability, MDPI, vol. 15(18), pages 1-21, September.

    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. Long, Qi & Ma, Jun & Jiang, Feifeng & Webster, Christopher John, 2023. "Demand analysis in urban air mobility: A literature review," Journal of Air Transport Management, Elsevier, vol. 112(C).
    2. Meschede, Henning & Esparcia, Eugene A. & Holzapfel, Peter & Bertheau, Paul & Ang, Rosario C. & Blanco, Ariel C. & Ocon, Joey D., 2019. "On the transferability of smart energy systems on off-grid islands using cluster analysis – A case study for the Philippine archipelago," Applied Energy, Elsevier, vol. 251(C), pages 1-1.
    3. Rath, Srushti & Chow, Joseph Y.J., 2022. "Air taxi skyport location problem with single-allocation choice-constrained elastic demand for airport access," Journal of Air Transport Management, Elsevier, vol. 105(C).
    4. Kalakou, Sofia & Marques, Catarina & Prazeres, Duarte & Agouridas, Vassilis, 2023. "Citizens' attitudes towards technological innovations: The case of urban air mobility," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    5. Pons-Prats, Jordi & Živojinović, Tanja & Kuljanin, Jovana, 2022. "On the understanding of the current status of urban air mobility development and its future prospects: Commuting in a flying vehicle as a new paradigm," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 166(C).
    6. Neofytos Neofytou & Konstantinos Blazakis & Yiannis Katsigiannis & Georgios Stavrakakis, 2019. "Modeling Vehicles to Grid as a Source of Distributed Frequency Regulation in Isolated Grids with Significant RES Penetration," Energies, MDPI, vol. 12(4), pages 1-23, February.
    7. Merkert, Rico & Beck, Matthew J. & Bushell, James, 2021. "Will It Fly? Adoption of the road pricing framework to manage drone use of airspace," Transportation Research Part A: Policy and Practice, Elsevier, vol. 150(C), pages 156-170.
    8. Guo, Shiliang & Li, Pengpeng & Ma, Kai & Yang, Bo & Yang, Jie, 2022. "Robust energy management for industrial microgrid considering charging and discharging pressure of electric vehicles," Applied Energy, Elsevier, vol. 325(C).
    9. Mousavi, Navid & Kothapalli, Ganesh & Habibi, Daryoush & Das, Choton K. & Baniasadi, Ali, 2020. "A novel photovoltaic-pumped hydro storage microgrid applicable to rural areas," Applied Energy, Elsevier, vol. 262(C).
    10. He, Xinyu & He, Fang & Li, Lishuai & Zhang, Lei & Xiao, Gang, 2022. "A route network planning method for urban air delivery," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 166(C).
    11. Talaat, M. & Hatata, A.Y. & Alsayyari, Abdulaziz S. & Alblawi, Adel, 2020. "A smart load management system based on the grasshopper optimization algorithm using the under-frequency load shedding approach," Energy, Elsevier, vol. 190(C).
    12. Ioannis Karakitsios & Dimitrios Lagos & Aris Dimeas & Nikos Hatziargyriou, 2023. "How Can EVs Support High RES Penetration in Islands," Energies, MDPI, vol. 16(1), pages 1-17, January.
    13. Tan, Kang Miao & Yong, Jia Ying & Ramachandaramurthy, Vigna K. & Mansor, Muhamad & Teh, Jiashen & Guerrero, Josep M., 2023. "Factors influencing global transportation electrification: Comparative analysis of electric and internal combustion engine vehicles," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
    14. Verónica Anadón Martínez & Andreas Sumper, 2023. "Planning and Operation Objectives of Public Electric Vehicle Charging Infrastructures: A Review," Energies, MDPI, vol. 16(14), pages 1-41, July.
    15. Lange, Christopher & Rueß, Alexandra & Nuß, Andreas & Öchsner, Richard & März, Martin, 2020. "Dimensioning battery energy storage systems for peak shaving based on a real-time control algorithm," Applied Energy, Elsevier, vol. 280(C).
    16. Lingling Hu & Junming Zhou & Feng Jiang & Guangming Xie & Jie Hu & Qinglie Mo, 2023. "Research on Optimization of Valley-Filling Charging for Vehicle Network System Based on Multi-Objective Optimization," Sustainability, MDPI, vol. 16(1), pages 1-25, December.
    17. Park, Sung-Won & Son, Sung-Yong, 2023. "Techno-economic analysis for the electric vehicle battery aging management of charge point operator," Energy, Elsevier, vol. 280(C).
    18. Mehrdad Tarafdar-Hagh & Kamran Taghizad-Tavana & Mohsen Ghanbari-Ghalehjoughi & Sayyad Nojavan & Parisa Jafari & Amin Mohammadpour Shotorbani, 2023. "Optimizing Electric Vehicle Operations for a Smart Environment: A Comprehensive Review," Energies, MDPI, vol. 16(11), pages 1-21, May.
    19. Fan, Zhi-Ping & Cai, Siqin & Guo, Dongliang & Xu, Bo, 2022. "Facing the uncertainty of renewable energy production: Production decisions of a power plant with different risk attitudes," Renewable Energy, Elsevier, vol. 199(C), pages 1237-1247.
    20. Erick Alves & Santiago Sanchez & Danilo Brandao & Elisabetta Tedeschi, 2019. "Smart Load Management with Energy Storage for Power Quality Enhancement in Wind-Powered Oil and Gas Applications," Energies, MDPI, vol. 12(15), pages 1-15, August.

    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:appene:v:331:y:2023:i:c:s030626192201666x. 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/wps/find/journaldescription.cws_home/405891/description#description .

    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.