Open AccessFeasibility study: investigation of car park‐based V2G services in the UK central hub
Author(s) -
Strickland D.,
Embley T.,
Osborne J.,
Yang J.,
Qiao Z.,
Malhotra A.,
Corliss A.,
Ashworth K.
Publication year - 2019
Publication title -
the journal of engineering
Language(s) - English
Resource type - Journals
ISSN - 2051-3305
DOI - 10.1049/joe.2018.8230
Subject(s) - grid , electric vehicle , environmental economics , capital cost , vehicle to grid , dilemma , business , energy storage , transport engineering , term (time) , sunk costs , computer science , economics , engineering , microeconomics , electrical engineering , physics , geometry , mathematics , epistemology , quantum mechanics , power (physics) , philosophy
The increasing uptake of electric vehicles, and the established practice of long‐term parking at stations and airports, offers an opportunity to develop a flexible approach to help with the energy storage dilemma. This paper investigates the feasibility of using a number of EV batteries as an energy storage and grid balancing solution within the UK Central Hub area. Here, the capital cost of the vehicle is a sunk cost to the EV owner. The potential income generated, or discount on long‐term parking, is an additional benefit of ownership. This paper considers the income available to a small and large size car park from the different market mechanisms to offer grid support in the UK and contrasts this with the complexity and costs of the EV charging infrastructure required within these types of scheme.