Skip to Main content Skip to Navigation
Journal articles

Financial Shortfall for Electric Vehicles: economic impacts of Transmission System Operators market designs

Abstract : Using electric vehicles as transmission system operator reserve providing units has been demonstrated as being both a feasible and a profitable solution. However, the surveys leading to these conclusions are always conducted either without considering the transmission system operator market rules, or using the existing ones from the local system operator. Nevertheless, such rules have potentially a great impact on the electric vehicles' expected revenues, and they are likely to change within the next few years. This paper aims to assess how these rules impact the ability for electric vehicles to provide power reserves and on their expected remuneration for doing so. First, a list of the most important market rules for this use case is drawn up. Then, a simulation model is developed in order to evaluate the expected revenues for the electric vehicles. Finally, these expected revenues are computed considering various combinations of rules. A loss of revenue for electric vehicles is identified, due to the use of non-optimal rules governing grid services remuneration. Considering the French case, according to the simulation results, this financial shortfall per vehicle and per year ranges from 193e to 593e. Market design recommendations for reserve markets are deduced from these results.
Complete list of metadatas

Cited literature [12 references]  Display  Hide  Download

https://hal-centralesupelec.archives-ouvertes.fr/hal-01346860
Contributor : Paul Codani <>
Submitted on : Monday, March 19, 2018 - 10:08:17 AM
Last modification on : Wednesday, September 16, 2020 - 5:51:16 PM
Long-term archiving on: : Monday, August 27, 2018 - 9:34:03 AM

File

codani_financial_shortfall.pdf
Files produced by the author(s)

Identifiers

Citation

Paul Codani, Yannick Perez, Marc Petit. Financial Shortfall for Electric Vehicles: economic impacts of Transmission System Operators market designs. Energy, Elsevier, 2016, 113, pp.422-431. ⟨10.1016/j.energy.2016.07.070⟩. ⟨hal-01346860⟩

Share

Metrics

Record views

474

Files downloads

550