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. We 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, we 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.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Mobile Storage for Demand Charge Reduction


    Contributors:


    Publication date :

    2022-07-01


    Size :

    1290432 byte




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English



    SWIFT CHARGE MOBILE STORAGE

    ELLIS ERIK | European Patent Office | 2021

    Free access

    SWIFT CHARGE MOBILE STORAGE

    ELLIS ERIK | European Patent Office | 2020

    Free access

    SATISFYING BUILDING ENERGY DEMAND USING MOBILE ENERGY STORAGE

    DE HOOG JULIAN / JALALI FATEMEH / VISHWANATH ARUN | European Patent Office | 2017

    Free access

    Satisfying building energy demand using mobile energy storage

    DE HOOG JULIAN / JALALI FATEMEH / VISHWANATH ARUN | European Patent Office | 2021

    Free access

    Charge demand controller device

    CORBEIL DAVID / MENASSA CHÉRIF | European Patent Office | 2019

    Free access