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Large parking lots in public and commercial buildings are increasinglyinstalling the required infrastructure for serving Electric Vehicles (EVs).Utilizing charging and discharging flexibility of parked EVs has the potentialto significantly increase the self-consumption of on-site renewable generationand reduce building energy costs. Optimal charging and discharge management ofelectric vehicles can fill the gap between self-generation and buildingelectric demand while accounting for electricity tariffs. Optimal interactionsbetween EVs and buildings will play a key role in the operation of powernetworks with a high penetration of distributed energy resources, such as thePortuguese electric grid. However, in Portugal, the existing regulation doesnot allow financial transactions between buildings and EVs in exchange forcharging and discharging. This renders most proposed charging and dischargingmanagement strategies impractical. This paper introduces a novel and practicalframework to connect electricity and parking values at commercial and publicbuildings. This framework will manage interactions between building and vehiclein the context of parking time duration and added value services for thecharging and discharging periods. The proposed formulation is ready to adoptsince it is compatible with the current regulations and relies on existingtechnologies. The simulation results showcase the cost reduction andself-consumption benefits of the proposed solution for building owners.

Linking Parking and Electricity Values to Unlock Potentials of Electric Vehicles in Portuguese Buildings