Mobile Storage for Demand Charge Reduction

Electric vehicles (EVs) are at the intersection of transportation systems and energy systems. The EV batteries, an increasingly prominent type of energy resource, are largely underutilized. The authors propose a new business model that monetizes underutilized EV batteries as mobile energy storage to significantly reduce the demand charge portion of many commercial and industrial users’ electricity bills. This business requires minimal hardware to enable discharging the batteries of electric vehicles and a sharing platform that matches EVs to commercial electricity users in real time. Using real meter data, they show that a large number of users can be served by a small number of EVs in the proposed business model. Cost-revenue analysis based on a real electric tariff suggests that the demand charge saving covers the capital costs of needed hardware and the compensation for EV drivers to provide the service.

• Record URL:
  • https://doi.org/10.1109/TITS.2021.3074871
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/41297384
• Supplemental Notes:
  • Copyright © 2022, IEEE.
• Authors:
  • Qin, Junjie
  • Poolla, Kameshwar
  • Varaiya, Pravin
• Publication Date: 2022-7

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: pp 7952-7962
• Serial:
  • IEEE Transactions on Intelligent Transportation Systems
  • Volume: 23
  • Issue Number: 7
  • Publisher: Institute of Electrical and Electronics Engineers (IEEE)
  • ISSN: 1524-9050
  • Serial URL: http://ieeexplore.ieee.org/xpl/RecentIssue.jsp?punumber=6979

Subject/Index Terms

• TRT Terms: Electric batteries; Electric vehicles; Energy storage systems; Fees; Mobile sources; Vehicle to infrastructure communications
• Subject Areas: Energy; Highways; Vehicles and Equipment;

Filing Info

• Accession Number: 01860164
• Record Type: Publication
• Files: TRIS
• Created Date: Sep 30 2022 2:27PM