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Estimating the benefits of vehicle-to-home in islands: The case of the Canary Islands

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  • Colmenar-Santos, A.
  • de Palacio-Rodriguez, Carlos
  • Rosales-Asensio, Enrique
  • Borge-Diez, David

Abstract

This paper presents a cost-benefit analysis for the bi-directional functionality of plug-in electric vehicle charging, often called vehicle-to-grid. Plug-in electric vehicles represent an opportunity to reduce emissions from transportation, improve the efficiency, and also, it is a solution for storing electricity from the grid. The research is focused on the vehicle-to-home application for plug-in electric vehicles, which entails a bi-directional energy flowing from vehicles to households. The benefits from this use of the plug-in electric vehicles batteries are peak-shaving as well as valley-filling on the load curve, resulting in cost reductions for the user and the electric power system. In the case of islands, the use of this storage would allow an increased penetration of renewable energy sources and a reduction of costs. The research discusses the impact of vehicle-to-grid for the Canary Islands, where a plug-in electric vehicles penetration charging higher than a 20% would cause changes to the current demand curve peaks. The results show the benefits to both the system operator and the users, which may reduce mobility energy costs by a 50% through the time of usage. Vehicle-to-home regulation based on standards is recommended for incentivizing its functionality, the time of usage pricing, based on market prices, being the most beneficial for the user and the electric power system as a whole.

Suggested Citation

  • Colmenar-Santos, A. & de Palacio-Rodriguez, Carlos & Rosales-Asensio, Enrique & Borge-Diez, David, 2017. "Estimating the benefits of vehicle-to-home in islands: The case of the Canary Islands," Energy, Elsevier, vol. 134(C), pages 311-322.
  • Handle: RePEc:eee:energy:v:134:y:2017:i:c:p:311-322
    DOI: 10.1016/j.energy.2017.05.198
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    2. Nian, Victor & Hari, M.P. & Yuan, Jun, 2019. "A new business model for encouraging the adoption of electric vehicles in the absence of policy support," Applied Energy, Elsevier, vol. 235(C), pages 1106-1117.
    3. Zhou, Yuekuan, 2023. "Sustainable energy sharing districts with electrochemical battery degradation in design, planning, operation and multi-objective optimisation," Renewable Energy, Elsevier, vol. 202(C), pages 1324-1341.
    4. Buonomano, Annamaria, 2020. "Building to Vehicle to Building concept: A comprehensive parametric and sensitivity analysis for decision making aims," Applied Energy, Elsevier, vol. 261(C).
    5. Ortega-Cabezas, Pedro-Miguel & Colmenar-Santos, Antonio & Borge-Diez, David & Blanes-Peiró, Jorge-Juan, 2021. "Can eco-routing, eco-driving and eco-charging contribute to the European Green Deal? Case Study: The City of Alcalá de Henares (Madrid, Spain)," Energy, Elsevier, vol. 228(C).
    6. Barone, Giovanni & Buonomano, Annamaria & Forzano, Cesare & Giuzio, Giovanni Francesco & Palombo, Adolfo & Russo, Giuseppe, 2022. "Energy virtual networks based on electric vehicles for sustainable buildings: System modelling for comparative energy and economic analyses," Energy, Elsevier, vol. 242(C).
    7. Colmenar-Santos, Antonio & Muñoz-Gómez, Antonio-Miguel & Rosales-Asensio, Enrique & López-Rey, África, 2019. "Electric vehicle charging strategy to support renewable energy sources in Europe 2050 low-carbon scenario," Energy, Elsevier, vol. 183(C), pages 61-74.
    8. Donato A. Melchiorre. & Sinan Küfeoglu, 2018. "Economic Assessment of Using Electric Vehicles and Batteries as Domestic Storage Units in the United Kingdom," Cambridge Working Papers in Economics 1858, Faculty of Economics, University of Cambridge.
    9. Long Zeng & Si-Zhe Chen & Zebin Tang & Ling Tian & Tingting Xiong, 2023. "An Electric Vehicle Charging Method Considering Multiple Power Exchange Modes’ Coordination," Sustainability, MDPI, vol. 15(13), pages 1-17, July.
    10. Mehrjerdi, Hasan, 2021. "Resilience oriented vehicle-to-home operation based on battery swapping mechanism," Energy, Elsevier, vol. 218(C).
    11. Ahmed Ismail M. Ali & Mahmoud A. Sayed & Ahmed A. S. Mohamed, 2021. "Seven-Level Inverter with Reduced Switches for PV System Supporting Home-Grid and EV Charger," Energies, MDPI, vol. 14(9), pages 1-23, May.
    12. Lazzeroni, Paolo & Olivero, Sergio & Repetto, Maurizio & Stirano, Federico & Vallet, Marc, 2019. "Optimal battery management for vehicle-to-home and vehicle-to-grid operations in a residential case study," Energy, Elsevier, vol. 175(C), pages 704-721.

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