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World Electr. Veh. J. 2018, 9(3), 35; https://doi.org/10.3390/wevj9030035

V2G—An Economic Gamechanger in E-Mobility?

Insero, Energy Innovation, Chr. M. Østergaards vej 4a, DK-8700 Horsens, Denmark
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Received: 8 May 2018 / Revised: 1 August 2018 / Accepted: 9 August 2018 / Published: 21 August 2018
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Abstract

The Vehicle-2-grid (V2G) technology enabling bidirectional charging between electric vehicles and the energy grid system for frequency regulation and load balancing has the potential of significantly improving the financial viability of electric mobility. This paper has identified that the introduction of V2G offers a plethora of potentially beneficial business models, which primarily focus on providing stability services to the energy grid and optimizing the economic benefits of owning an EV. Within these overarching categories, it is likely that several niche business models will emerge, as the current V2G concepts include the integration of intermittent renewable energy into the grid, reduction of peak load, charging optimization, and regulation of participating capacity. Most important is the balancing of the five market factors in order to create a profitable business case, as this is what makes V2G move from a potential revenue generator to a profitable business. View Full-Text
Keywords: Vehicle-2-grid (V2G); V2G deployment criteria; V2G business model; V2G market potential; smart grid; electric vehicles (EVs); Aggregation of EVs Vehicle-2-grid (V2G); V2G deployment criteria; V2G business model; V2G market potential; smart grid; electric vehicles (EVs); Aggregation of EVs
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).
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Høj, J.C.M.L.; Juhl, L.T.; Lindegaard, S.B. V2G—An Economic Gamechanger in E-Mobility? World Electr. Veh. J. 2018, 9, 35.

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