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Electric vehicle fleet contributions for isolated systems. The case of the Canary Islands

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Listed:
  • Gustavo A. Marrero
  • Yannick Perez
  • Marc Petit
  • Francisco Javier Ramos-Real

Abstract

The Canary Islands offer an example of an isolated electric grid of relatively important size within the EU. Generally, these systems do not have access to every technology available, nor can they be connected to continental grids when necessary. Due to their particularities, renewable energies, benefitting from their complementarity with fossil fuels, can play an important role in achieving the main energy policy goals of the islands. Electric vehicles (EVs), thanks to their storage capacity, can provide benefits to the power system reducing both the need for backup thermal generation and the amount of spilled renewable energy (mainly wind). Moreover, EVs can introduce more demand flexibility, which reduces the extra costs (intermittency costs) that renewable technologies impose on power systems. Comparing an efficient mix under a baseline scenario (null impact of electric vehicles) with an equivalent efficient mix under an alternative scenario assuming the introduction of a maximum of 122,000 cars into the Canarias market in 2025, we find a reduction of almost 11% in average generating cost (about 80 million euros/year), 9% in risk (measured as the standard deviation) and almost 13% in emissions.

Suggested Citation

  • Gustavo A. Marrero & Yannick Perez & Marc Petit & Francisco Javier Ramos-Real, 2015. "Electric vehicle fleet contributions for isolated systems. The case of the Canary Islands," International Journal of Automotive Technology and Management, Inderscience Enterprises Ltd, vol. 15(2), pages 171-193.
  • Handle: RePEc:ids:ijatma:v:15:y:2015:i:2:p:171-193
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    References listed on IDEAS

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    1. Perez, Yannick & Ramos Real, Francisco Javier, 2008. "How to make a European integrated market in small and isolated electricity systems? The case of the Canary Islands," Energy Policy, Elsevier, vol. 36(11), pages 4159-4167, November.
    2. Marrero, Gustavo A. & Ramos-Real, Francisco Javier, 2010. "Electricity generation cost in isolated system: The complementarities of natural gas and renewables in the Canary Islands," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(9), pages 2808-2818, December.
    3. Yannick Perez, 2013. "Public Policy Strategies for Electric Vehicles and for Vehicle to Grid Power," Post-Print hal-01660410, HAL.
    4. Finon Dominique & Yannick Perez, 2007. "Transactional Efficiency and Public Promotion of Environmental Technologies: The Case of Renewable Energies in the Electric Industry," Post-Print hal-01660443, HAL.
    5. Ramos-Real, Francisco Javier & Moreno-Piquero, Juan Carlos & Ramos-Henriquez, Jose Manuel, 2007. "The effects of introducing natural gas in the Canary Islands for electricity generation," Energy Policy, Elsevier, vol. 35(7), pages 3925-3935, July.
    6. Feretic, Danilo & Tomsic, Zeljko, 2005. "Probabilistic analysis of electrical energy costs comparing: production costs for gas, coal and nuclear power plants," Energy Policy, Elsevier, vol. 33(1), pages 5-13, January.
    7. Gustavo A. Marrero & Francisco J. Ramos-Real, 2008. "La intensidad energética en los sectores productivos en la UE-15 durante 1991 y 2005: ¿Es el caso español diferente?," Economic Reports 08-08, FEDEA.
    8. Marc Petit & Yannick Perez, 2013. "Vehicle-to-grid in France: what revenues for participation in frequency control," Post-Print hal-01660399, HAL.
    9. Jean-Michel Glachant & Yannick Perez, 2009. "The Achievement of Electricity Competitive Reforms: A Governance Structure Problem?," Chapters,in: Regulation, Deregulation, Reregulation, chapter 9 Edward Elgar Publishing.
    10. Yannick Perez & Francisco Javier Ramos-Real, 2009. "The public promotion of renewable energies sources in the electricity industry from the Transaction Costs perspective. The Spanish case," Post-Print hal-01660430, HAL.
    11. Camus, Cristina & Farias, Tiago, 2012. "The electric vehicles as a mean to reduce CO2 emissions and energy costs in isolated regions. The São Miguel (Azores) case study," Energy Policy, Elsevier, vol. 43(C), pages 153-165.
    12. Awerbuch, Shimon, 2000. "Investing in photovoltaics: risk, accounting and the value of new technology," Energy Policy, Elsevier, vol. 28(14), pages 1023-1035, November.
    13. Rious, Vincent & Perez, Yannick, 2014. "Review of supporting scheme for island powersystem storage," Renewable and Sustainable Energy Reviews, Elsevier, vol. 29(C), pages 754-765.
    14. Harry Markowitz, 1952. "Portfolio Selection," Journal of Finance, American Finance Association, vol. 7(1), pages 77-91, March.
    15. Marrero, Gustavo A. & Puch, Luis A. & Ramos-Real, Francisco J., 2015. "Mean-variance portfolio methods for energy policy risk management," International Review of Economics & Finance, Elsevier, vol. 40(C), pages 246-264.
    16. Willett Kempton & Yannick Perez & Marc Petit, 2014. "Public Policy for Electric Vehicles and for Vehicle to GridPower," Revue d'économie industrielle, De Boeck Université, vol. 0(4), pages 263-290.
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    Cited by:

    1. Alfredo Ramírez Díaz & Francisco J. Ramos-Real & Gustavo A. Marrero & Yannick Perez, 2015. "Impact of Electric Vehicles as Distributed Energy Storage in Isolated Systems: The Case of Tenerife," Sustainability, MDPI, Open Access Journal, vol. 7(11), pages 1-27, November.
    2. Paul Codani & Pierre-Louis Le Portz & Pierre Claverie & Marc Petit & Yannick Perez, 2016. "Coupling local renewable energy production with electric vehicle charging: a survey of the French case," International Journal of Automotive Technology and Management, Inderscience Enterprises Ltd, vol. 16(1), pages 55-69.

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