Assessing the Electric Vehicle-to-grid Value Stack

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Description

The accelerating uptake of electric vehicles (EVs) is driving further transformation of the Australian energy system by significantly escalating the availability of distributed energy storage connected to the grid. EV batteries are five times larger than household batteries, with a full charge typically using as much energy as an average household uses over two to four days. Unlike stationary energy storage devices are a net load on the electricity system as their energy is expended for mobility rather than being injected into the electricity system at a later time. Charging these EVs, particularly through fast-charging stations, poses a significant challenge to electricity distribution networks.

At the same time, the advent of newly available EVs that support vehicle-to-grid (V2G) functionalities creates new opportunities for EVs to enhance grid resilience and energy reliability and security with benefits for customers, network operators, systems operators, retailers, new businesses, and governments. In order to get V2G technology adopted, it is crucial to quantify the value that V2G can create for customers and utilities.

This student project will support a large industry R&D project that will deploying electric vehilces in the ACT. The student project will use data from the trial and assess the full value stack that can be delivered from V2G vehicles, such as energy arbitrage, demand management, and frequency control.

Keywords

electric vehicles;

vehicle-to-grid;

energy analytics;

energy storage;

batteries

Updated:  1 June 2019/Responsible Officer:  Dean, CECS/Page Contact:  CECS Marketing