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Plug-in Electric Vehicle Interactions with a Small Office Building: An Economic Analysis using DER-CAM

Authors: Momber, Ilan;

Plug-in Electric Vehicle Interactions with a Small Office Building: An Economic Analysis using DER-CAM

Abstract

It is generally believed that plug-in electric vehicles (PEVs) offer environmental and energy security advantages compared to conventional vehicles. Policies are stimulating electric transportation deployment, and PEV adoption may grow significantly. New technology and business models are being developed to organize the PEV interface and their interaction with the wider grid. This paper analyzes the PEVs' integration into a building's Energy Management System (EMS), differentiating between vehicle to macrogrid (V2M) and vehicle to microgrid (V2m) applications. This relationship is modeled by the Distributed Energy Resources Customer Adoption Model (DER-CAM), which finds optimal equipment combinations to meet microgrid requirements at minimum cost, carbon footprint, or other criteria. Results derive battery value to the building and the possibility of a contractual affiliation sharing the benefit. Under simple annual fixed payments and energy exchange agreements, vehicles are primarily used to avoid peak demand charges supplying cheaper off-peak electricity to the building during workdays.

Country
United States
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Keywords

690, policy and economy, Energy storage, road vehicle electric propulsion, building management systems, battery storage, building management systems, dispersed storage and generation, electric vehicles, load management, microgrid, optimization methods, power system economics, road vehicle electric propulsion, Power transmission and distribution, Energy conservation, battery storage, power system economics, Energy planning, Environmental Energy Technologies, microgrid, Energy conservation, consumption, and utilization, load management, optimization methods, consumption, Energy planning, policy and economy, and utilization, dispersed storage and generation, electric vehicles

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green
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Energy Research