IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

Battery prices and capacity sensitivity: Electric drive vehicles

Listed author(s):
  • Juul, Nina
Registered author(s):

    The increase in fluctuating power production requires an increase in flexibility in the system as well. Flexibility can be found in generation technologies with fast response times or in storage options. In the transport sector, the proportion of electric drive vehicles is expected to increase over the next decade or two. These vehicles can provide some of the flexibility needed in the power system, in terms of both flexible demand and electricity storage. However, what are the batteries worth to the power system? And does the value depend on battery capacity? This article presents an analysis of the integrated power and transport system, focusing on the sensitivity of the power system configuration according to battery capacity and price of the electric drive vehicle. The value of different battery capacities is estimated, given that the batteries are used for both driving and storage. Likewise, the prices at which the electric drive vehicles become of interest to the power system are found. Smart charge, including the opportunity to discharge (vehicle-to-grid) is used in all scenarios. Analyses show that the marginal benefits decrease the larger the battery. For very high battery prices, large batteries imply that diesel vehicles are preferable to electric drive vehicles.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544212006937
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Elsevier in its journal Energy.

    Volume (Year): 47 (2012)
    Issue (Month): 1 ()
    Pages: 403-410

    as
    in new window

    Handle: RePEc:eee:energy:v:47:y:2012:i:1:p:403-410
    DOI: 10.1016/j.energy.2012.09.015
    Contact details of provider: Web page: http://www.journals.elsevier.com/energy

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as
    in new window


    1. Andersson, S.-L. & Elofsson, A.K. & Galus, M.D. & Göransson, L. & Karlsson, S. & Johnsson, F. & Andersson, G., 2010. "Plug-in hybrid electric vehicles as regulating power providers: Case studies of Sweden and Germany," Energy Policy, Elsevier, vol. 38(6), pages 2751-2762, June.
    2. Derek M. Lemoine, 2010. "Valuing Plug-In Hybrid Electric Vehicles' Battery Capacity Using a Real Options Framework," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 113-144.
    3. 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.
    4. Kempton, Willett & Kubo, Toru, 2000. "Electric-drive vehicles for peak power in Japan," Energy Policy, Elsevier, vol. 28(1), pages 9-18, January.
    5. Juul, Nina & Meibom, Peter, 2011. "Optimal configuration of an integrated power and transport system," Energy, Elsevier, vol. 36(5), pages 3523-3530.
    6. 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.
    7. Jorgensen, K., 2008. "Technologies for electric, hybrid and hydrogen vehicles: Electricity from renewable energy sources in transport," Utilities Policy, Elsevier, vol. 16(2), pages 72-79, June.
    8. Delucchi, Mark & Burke, Andy & Lipman, Timothy & Miller, Marshall, 2000. "Electric and Gasoline Vehicle Lifecycle Cost and Energy-Use Model," Institute of Transportation Studies, Working Paper Series qt1np1h2zp, Institute of Transportation Studies, UC Davis.
    9. Shiau, Ching-Shin Norman & Samaras, Constantine & Hauffe, Richard & Michalek, Jeremy J., 2009. "Impact of battery weight and charging patterns on the economic and environmental benefits of plug-in hybrid vehicles," Energy Policy, Elsevier, vol. 37(7), pages 2653-2663, July.
    10. Delucchi, Mark & Lipman, Timothy, 2001. "An Analysis of the Retail and Lifecycle Cost of Battery-Powered Electric Vehicles," Institute of Transportation Studies, Working Paper Series qt50q9060k, Institute of Transportation Studies, UC Davis.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:47:y:2012:i:1:p:403-410. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu)

    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 references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.