Vehicle to Grid Impacts on the Total Cost of Ownership for Electric Vehicle Drivers

Dominik Huber; Quentin De Clerck; Cedric De Cauwer; Nikolaos Sapountzoglou; Thierry Coosemans; Maarten Messagie

Vehicle to Grid Impacts on the Total Cost of Ownership for Electric Vehicle Drivers

Dominik Huber, Quentin De Clerck, Cedric De Cauwer, Nikolaos Sapountzoglou, Thierry Coosemans, Maarten Messagie

Research output: Unpublished contribution to conference › Unpublished paper

Abstract

Total Cost of Ownership (TCO) allows financial comparison of different investment. Vehicle to Grid (V2G) technology opens a new market for electric vehicle (EV) owners. In this study, TCO of four EVs is calculated and subsequently V2G effects for EV owners are financially assessed. Thereby, a private, a semi-public and a public charging case, considering two different revenue streams (local load balancing and imbalance service) are evaluated. These V2G TCO range from 33.167,11 € to 61.435,63 €.

Original language	English
Pages	1-12
Number of pages	12
Publication status	Unpublished - 2021
Event	The 34th International Electric Vehicle Symposium & Exhibition - Nanjing, China Duration: 25 Jun 2021 → 28 Jun 2021 http://www.evs34.org.cn/

Conference

Conference	The 34th International Electric Vehicle Symposium & Exhibition
Abbreviated title	EVS34
Country/Territory	China
City	Nanjing
Period	25/06/21 → 28/06/21
Internet address	http://www.evs34.org.cn/

Keywords

Charging
Total Cost of Ownership (TCO)
Electric Vehicles (EVs)
Vehicle-to-grid (V2G)
Passenger car

Cite this

@conference{816df9f79837448eaa67b0e81d1ef811,

title = "Vehicle to Grid Impacts on the Total Cost of Ownership for Electric Vehicle Drivers",

abstract = "Total Cost of Ownership (TCO) allows financial comparison of different investment. Vehicle to Grid (V2G) technology opens a new market for electric vehicle (EV) owners. In this study, TCO of four EVs is calculated and subsequently V2G effects for EV owners are financially assessed. Thereby, a private, a semi-public and a public charging case, considering two different revenue streams (local load balancing and imbalance service) are evaluated. These V2G TCO range from 33.167,11 € to 61.435,63 €.",

keywords = "Charging, Total Cost of Ownership (TCO), Electric Vehicles (EVs), Vehicle-to-grid (V2G), Passenger car",

author = "Dominik Huber and {De Clerck}, Quentin and {De Cauwer}, Cedric and Nikolaos Sapountzoglou and Thierry Coosemans and Maarten Messagie",

year = "2021",

language = "English",

pages = "1--12",

note = "The 34th International Electric Vehicle Symposium & Exhibition, EVS34 ; Conference date: 25-06-2021 Through 28-06-2021",

url = "http://www.evs34.org.cn/",

}

TY - CONF

T1 - Vehicle to Grid Impacts on the Total Cost of Ownership for Electric Vehicle Drivers

AU - Huber, Dominik

AU - De Clerck, Quentin

AU - De Cauwer, Cedric

AU - Sapountzoglou, Nikolaos

AU - Coosemans, Thierry

AU - Messagie, Maarten

PY - 2021

Y1 - 2021

N2 - Total Cost of Ownership (TCO) allows financial comparison of different investment. Vehicle to Grid (V2G) technology opens a new market for electric vehicle (EV) owners. In this study, TCO of four EVs is calculated and subsequently V2G effects for EV owners are financially assessed. Thereby, a private, a semi-public and a public charging case, considering two different revenue streams (local load balancing and imbalance service) are evaluated. These V2G TCO range from 33.167,11 € to 61.435,63 €.

AB - Total Cost of Ownership (TCO) allows financial comparison of different investment. Vehicle to Grid (V2G) technology opens a new market for electric vehicle (EV) owners. In this study, TCO of four EVs is calculated and subsequently V2G effects for EV owners are financially assessed. Thereby, a private, a semi-public and a public charging case, considering two different revenue streams (local load balancing and imbalance service) are evaluated. These V2G TCO range from 33.167,11 € to 61.435,63 €.

KW - Charging

KW - Total Cost of Ownership (TCO)

KW - Electric Vehicles (EVs)

KW - Vehicle-to-grid (V2G)

KW - Passenger car

M3 - Unpublished paper

SP - 1

EP - 12

T2 - The 34th International Electric Vehicle Symposium & Exhibition

Y2 - 25 June 2021 through 28 June 2021

ER -

Vehicle to Grid Impacts on the Total Cost of Ownership for Electric Vehicle Drivers

Abstract

Conference

Keywords

Fingerprint

Cite this