Electricity-price arbitrage with plug-in hybrid electric vehicle: Gain or loss?
Customers, utilities, and society can gain many benefits from distributed energy resources (DERs), including plug-in hybrid electric vehicles (PHEVs). Using battery on PHEV to arbitrage electricity price is one of the potential benefits to PHEV owners. There is, however, disagreement on the magnitude of such profit. This study uses a stochastic optimization model to estimate the potential profit from electricity price arbitrage of two types of PHEVs (PHEV-10, and PHEV-40) under three scenarios with variant electricity tariff and PHEV owners over a five-year period.
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- Hadley, Stanton W. & Tsvetkova, Alexandra A., 2009. "Potential Impacts of Plug-in Hybrid Electric Vehicles on Regional Power Generation," The Electricity Journal, Elsevier, vol. 22(10), pages 56-68, December.
- Axsen, Jonn & Burke, Andy & Kurani, Kenneth S, 2010. "Are Batteries Ready for Plug-in Hybrid Buyers?," Institute of Transportation Studies, Working Paper Series qt7vh184rw, Institute of Transportation Studies, UC Davis.
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- Axsen, Jonn & Kurani, Kenneth S. & Burke, Andrew, 2010. "Are batteries ready for plug-in hybrid buyers?," Transport Policy, Elsevier, vol. 17(3), pages 173-182, May.
- Mau, Paulus & Eyzaguirre, Jimena & Jaccard, Mark & Collins-Dodd, Colleen & Tiedemann, Kenneth, 2008. "The 'neighbor effect': Simulating dynamics in consumer preferences for new vehicle technologies," Ecological Economics, Elsevier, vol. 68(1-2), pages 504-516, December.
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