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Feasibility Study for Electric Vehicle Usage in a Microgrid Integrated with Renewable Energy
Electric vehicles (EVs) are getting increased attention due to their potential as reliable sources of transportation. In addition, EVs can be employed as a temporary energy storage system (ESS) in electrical power systems using the grid-to-vehicle (G2V), charging phase, and vehicle-to-grid (V2G), di...
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Published in: | IEEE transactions on transportation electrification 2023-09, Vol.9 (3), p.1-1 |
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creator | Abuelrub, Ahmad Hamed, Fadi Hedel, Jehad Al-Masri, Hussein M. K. |
description | Electric vehicles (EVs) are getting increased attention due to their potential as reliable sources of transportation. In addition, EVs can be employed as a temporary energy storage system (ESS) in electrical power systems using the grid-to-vehicle (G2V), charging phase, and vehicle-to-grid (V2G), discharging phase, technologies. Renewable energy resources (RERs) are a clean and sustainable form of energy but are often intermittent in nature. Integrating ESS with RERs can mitigate the unpredictable fluctuations of the electrical power generated from RERs, but the investment cost of installing ESS is often high. In this paper, we investigate the financial benefit obtained from using EVs as a temporary ESS in a Microgrid (MG) integrated with a PV plant. The problem formulation considers the capital cost of the EV charging stations (EVCSs), feed-in tariff (FIT), and incentives given to the EVs' owners. A planning algorithm is developed to find the required number of EVCSs needed to maximize the profit of the suggested system. The effectiveness of the proposed algorithm is illustrated using the Jordan University of Science and Technology (JUST) MG. Four different final state of charge (SOC) of EV scenarios are considered. Results show that the suggested system can be economically and technically feasible. Employing EVs, in G2V and V2G schemes, decreases the MG dependency on the grid and yields annual profit as well. |
doi_str_mv | 10.1109/TTE.2023.3243237 |
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K.</creator><creatorcontrib>Abuelrub, Ahmad ; Hamed, Fadi ; Hedel, Jehad ; Al-Masri, Hussein M. K.</creatorcontrib><description>Electric vehicles (EVs) are getting increased attention due to their potential as reliable sources of transportation. In addition, EVs can be employed as a temporary energy storage system (ESS) in electrical power systems using the grid-to-vehicle (G2V), charging phase, and vehicle-to-grid (V2G), discharging phase, technologies. Renewable energy resources (RERs) are a clean and sustainable form of energy but are often intermittent in nature. Integrating ESS with RERs can mitigate the unpredictable fluctuations of the electrical power generated from RERs, but the investment cost of installing ESS is often high. In this paper, we investigate the financial benefit obtained from using EVs as a temporary ESS in a Microgrid (MG) integrated with a PV plant. The problem formulation considers the capital cost of the EV charging stations (EVCSs), feed-in tariff (FIT), and incentives given to the EVs' owners. A planning algorithm is developed to find the required number of EVCSs needed to maximize the profit of the suggested system. The effectiveness of the proposed algorithm is illustrated using the Jordan University of Science and Technology (JUST) MG. Four different final state of charge (SOC) of EV scenarios are considered. Results show that the suggested system can be economically and technically feasible. Employing EVs, in G2V and V2G schemes, decreases the MG dependency on the grid and yields annual profit as well.</description><identifier>ISSN: 2332-7782</identifier><identifier>ISSN: 2577-4212</identifier><identifier>EISSN: 2332-7782</identifier><identifier>DOI: 10.1109/TTE.2023.3243237</identifier><identifier>CODEN: ITTEBP</identifier><language>eng</language><publisher>Piscataway: IEEE</publisher><subject>Algorithms ; Batteries ; Capital costs ; Charging station ; Clean energy ; Costs ; Distributed generation ; Electric power systems ; electric vehicle ; Electric vehicle charging ; Electric vehicles ; Energy management ; Energy sources ; Energy storage ; Feasibility studies ; grid-to-vehicle ; Incentives ; Photovoltaic cells ; Planning ; Renewable energy ; Renewable energy sources ; Renewable resources ; solar plant ; Tariffs ; Transportation ; Vehicle-to-grid</subject><ispartof>IEEE transactions on transportation electrification, 2023-09, Vol.9 (3), p.1-1</ispartof><rights>Copyright The Institute of Electrical and Electronics Engineers, Inc. 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K.</creatorcontrib><title>Feasibility Study for Electric Vehicle Usage in a Microgrid Integrated with Renewable Energy</title><title>IEEE transactions on transportation electrification</title><addtitle>TTE</addtitle><description>Electric vehicles (EVs) are getting increased attention due to their potential as reliable sources of transportation. In addition, EVs can be employed as a temporary energy storage system (ESS) in electrical power systems using the grid-to-vehicle (G2V), charging phase, and vehicle-to-grid (V2G), discharging phase, technologies. Renewable energy resources (RERs) are a clean and sustainable form of energy but are often intermittent in nature. Integrating ESS with RERs can mitigate the unpredictable fluctuations of the electrical power generated from RERs, but the investment cost of installing ESS is often high. In this paper, we investigate the financial benefit obtained from using EVs as a temporary ESS in a Microgrid (MG) integrated with a PV plant. The problem formulation considers the capital cost of the EV charging stations (EVCSs), feed-in tariff (FIT), and incentives given to the EVs' owners. A planning algorithm is developed to find the required number of EVCSs needed to maximize the profit of the suggested system. The effectiveness of the proposed algorithm is illustrated using the Jordan University of Science and Technology (JUST) MG. Four different final state of charge (SOC) of EV scenarios are considered. Results show that the suggested system can be economically and technically feasible. 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K.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Feasibility Study for Electric Vehicle Usage in a Microgrid Integrated with Renewable Energy</atitle><jtitle>IEEE transactions on transportation electrification</jtitle><stitle>TTE</stitle><date>2023-09-01</date><risdate>2023</risdate><volume>9</volume><issue>3</issue><spage>1</spage><epage>1</epage><pages>1-1</pages><issn>2332-7782</issn><issn>2577-4212</issn><eissn>2332-7782</eissn><coden>ITTEBP</coden><abstract>Electric vehicles (EVs) are getting increased attention due to their potential as reliable sources of transportation. In addition, EVs can be employed as a temporary energy storage system (ESS) in electrical power systems using the grid-to-vehicle (G2V), charging phase, and vehicle-to-grid (V2G), discharging phase, technologies. Renewable energy resources (RERs) are a clean and sustainable form of energy but are often intermittent in nature. Integrating ESS with RERs can mitigate the unpredictable fluctuations of the electrical power generated from RERs, but the investment cost of installing ESS is often high. In this paper, we investigate the financial benefit obtained from using EVs as a temporary ESS in a Microgrid (MG) integrated with a PV plant. The problem formulation considers the capital cost of the EV charging stations (EVCSs), feed-in tariff (FIT), and incentives given to the EVs' owners. A planning algorithm is developed to find the required number of EVCSs needed to maximize the profit of the suggested system. The effectiveness of the proposed algorithm is illustrated using the Jordan University of Science and Technology (JUST) MG. Four different final state of charge (SOC) of EV scenarios are considered. Results show that the suggested system can be economically and technically feasible. 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subjects | Algorithms Batteries Capital costs Charging station Clean energy Costs Distributed generation Electric power systems electric vehicle Electric vehicle charging Electric vehicles Energy management Energy sources Energy storage Feasibility studies grid-to-vehicle Incentives Photovoltaic cells Planning Renewable energy Renewable energy sources Renewable resources solar plant Tariffs Transportation Vehicle-to-grid |
title | Feasibility Study for Electric Vehicle Usage in a Microgrid Integrated with Renewable Energy |
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