What is it about?
A methodology to optimize the charging and V2G procurement by electric vehicles at household level is proposed. This methodology explicitly accounts for battery degradation (including different classes of batteries), and real-time price uncertainty.
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Why is it important?
While several works extol the advantages of using V2G from EVs. No comprehensive cost/benefit analysis has been explicitly proposed. This work explicitly measures the benefits of V2G in terms of savings to the EV owners, and the cost in terms of degradation of the battery.
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This page is a summary of: Optimal scheduling of electric vehicle charging and vehicle-to-grid services at household level including battery degradation and price uncertainty, IET Generation Transmission & Distribution, June 2014, the Institution of Engineering and Technology (the IET),
DOI: 10.1049/iet-gtd.2013.0624.
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