How Much Electricity Sharing Will Electric Vehicle Owners Allow from Their Battery? Incorporating Vehicle-to-Grid Technology and Electricity Generation Mix
Abstract
:1. Introduction
2. Literature Review
3. Methodology and Data
3.1. Mixed MDCEV Model
3.2. Choice Experiment and Data
4. Results and Analysis
4.1. MDCEV Estimation Results
4.2. Scenario Analysis for the Electric Vehicle Market
4.3. Policy Implications
4.4. Limitations
5. Conclusions
Author Contributions
Funding
Conflicts of Interest
Nomenclature
EV | Electric vehicle |
V2G | Vehicle to vehicle |
ESS | Energy storage system |
ICEV | Internal combustion engine vehicle |
EVSE | Electric vehicle supply equipment |
BEV | Battery electric vehicle |
FCEV | Fuel cell electric vehicle |
PHEV | Plug-in hybrid electric vehicle |
MDCEV | Multiple discrete-continuous extreme value |
AFV | Alternative fuel vehicle |
RUM | Random utility theory |
Number of alternatives in an alternative set | |
Baseline utility | |
Attribute of th alternative | |
Translation parameter | |
Satiation parameter | |
Usage of th alternative | |
Total amount of usage | |
Mileage for each household | |
Mileage of the present passenger’s car usage of the household |
Appendix A
Supplementary Information for EVs
Manufacturer | Model | Battery Capacity (kWh) |
---|---|---|
Tesla | Model X (performance) | 100.0 |
Model X (long range) | 100.0 | |
Model S (performance) | 100.0 | |
Model S (long range) | 100.0 | |
Model 3 (performance) | 75.0 | |
Model 3 (long range) | 75.0 | |
Model 3 (standard) | 50.0 | |
Jaguar | I-face | 90.0 |
Mercedes-Benz | EQC | 80.0 |
Hyundai | Kona (standard) | 64.0 |
Kona (economic) | 39.2 | |
Ionic | 38.3 | |
Kia | Niro (standard) | 64.0 |
Niro (economic) | 39.2 | |
Soul (standard) | 64.0 | |
Soul (economic) | 39.2 | |
Chevrolet | Volt EV | 60.0 |
Nissan | Leaf | 40.0 |
BMW | i3 120Ah | 37.9 |
Renault Samsung | SM3 Z.E. | 35.9 |
Appendix B
Supplementary Information for Scenario Analysis
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Study | Region | Method | Key Findings |
---|---|---|---|
Hong et al. (2012) [17] | Korea | Mixed logit model | Consumers are willing to pay more to use the EV charging infrastructure. Social welfare change effected by possible government subsidy polices for EVs. |
Egbue and Long (2012) [18] | United States | Chi-square test | Battery range is the biggest concern affecting uncertainty, followed by cost and the sustainability of fuel source. Subsidizing the cost of EVs and fuel taxes may have a negligible effect on the EV market. |
Ziegler (2012) [19] | Germany | Multinomial probit model | Low acceptance is influenced by sparse battery charging stations, high battery costs, short driving distance, or a short battery service life. |
Hoen and Koetse (2014) [20] | Denmark | Mixed logit model Multinomial logit model | Negative preferences for limited driving range, considerable range, refueling time, and fuel availability. Preference for AFVs increases with improvements in driving range, refueling time, and fuel availability. |
Honarmand et al. (2014) [21] | Canda | Nonlinear programing | EV owners preferred to charge in the hour with lower electricity prices while discharge in the hours with higher electricity prices to sell the stored energy. Managing of the charging/discharging of EVs has eliminated the risk of an electricity demand growth during the peak load. |
Koetse and Hoen (2014) [22] | Denmark | Mixed logit model Multinomial logit model | Conventional technology is preferred to AFVs because of limited driving range, long recharge/refueling time, and limited availability of refueling opportunities. |
Parsons et al. (2014) [23] | United States | Random utility model | An increase in the willingness-to-pay (WTP) for EV can be achieved by providing consumers a contract that pays in advance, in the form of subsidy, in exchange for signing a V2G contract. |
Sierzchula et al. (2014) [24] | 30 countries | Ordinary least squares | Incentives and EV adoption display a positive relationship. Charging stations and EV adoption rates display a positive significant relationship. |
Ahn et al. (2015) [25] | - | Optimization simulation | Reflected the costs incurred by the electricity supply from each energy source to optimize the electricity generation mix for sustainability. |
Gennaro et al. (2015) [26] | Florence, Italy | Scenario analysis with real driving database | The increase of electric energy demand from BEVs ranges from 0.7% to 18% of the total demand in the province. V2G interaction strategy can contribute to reducing from 5% to 50% the average daily electric energy demand in specific locations. |
Hidrue and Parsons (2015) [27] | United States | Contingent valuation | Range anxiety, stringent V2G contract, high battery costs, and vehicle model play an important role in the WTP for V2G and EVs. |
Huh et al. (2015) [28] | South Korea | Mixed logit model | Electricity mix is an important consideration in customer choice. Customers are willing to pay more to increase the renewable energy ratio. |
Langbroek et al. (2016) [29] | Stockholm, Sweden | Mixed logit model | The probability of the stated EV adoption increases if policy incentives are offered. |
Lim et al. (2016) [30] | South Korea | Multinomial logit model Nested logit model | Increase in available time for power sales has a positive effect on consumers’ marginal WTP. Decrease in residual power and increase in essential connection time have a negative impact on marginal WTP. |
McLaren et al. (2016) [31] | United States | Scenario analysis | Carbon intensity of the electricity grid affects the total emissions associated with EVs. The greenhouse gas (GHG) emissions can be reduced when EV batteries are charged with electricity from renewables. |
Suman et al. (2016) [32] | New York, United States | Linear Programming | With optimal solutions, the total charging cost is reduced by 18.5% and aggregator’s revenue is improved by 139% on average. The rise in number of EVs paralleled by an increase in aggregator’s revenue. |
Freeman et al. (2017) [33] | New York, United States | A five-year economic model Sensitive analysis | Electricity sales through V2G system can create positive economic benefits for consumers even if their magnitudes are small. One-way power efficiency and battery lifetime are the key factors for consumers’ electricity transactions. |
Gough et al. (2017) [34] | United Kingdom | A hybrid time-series/probabilistic simulation | Battery degradation cost and recharging in time have a significant impact on the feasibility of V2G services. The provision of energy to the wholesale electricity market produces an individual vehicle net present value of £8400. |
Li et al. (2017) [35] | 14 countries | Multiple linear regression | The percentage of renewable energy in electricity generation, number of charging stations, user education level, and population density have apparent and positive impacts on the demands. |
Woo et al. (2017) [36] | 70 countries | Well to wheel analysis | The ratio of resources to the electricity generation mix affects the GHG emissions of EVs. EVs were associated with higher GHG emissions than internal combustion engine vehicles in some countries. |
Xiang et al. (2017) [37] | - | System dynamics simulation | Customer acceptance of EVs promotes adoption of EVs with the support of polices such as subsidies and the construction of charging infrastructures |
Choi et al. (2018) [38] | South Korea | Mixed logit model | An environmentally friendly electricity generation mix promotes BEV adoption. The renewables-oriented mix scenario most effectively promotes BEV adoption. |
Karmaker et al. (2018) [39] | Bangladesh | Hybrid Optimization of Multiple Energy Renewables (HOMER) | Solar and biogas based EV charging station reduces the burden on the national grid. The designed EV charging station saves approximately $12–$18 per month to recharge an EV which increases the socio-economic standard of EV owner. |
Landi et al. (2018) [40] | United States | An optimization-based problem | Two controlled and uncontrolled charging schemes evaluate the aggregated charging profile of PEVs in parking lots. Reducing the total operating cost weakens the stability of the distribution system. |
Moon et al. (2018) [41] | South Korea | Mixed logit model | Consumers prefer vehicles with lower fuel costs and vehicle prices, as well as diesel-type vehicles. Consumers prefer EVSEs with lower charging costs, shorter time to full charge, and greater accessibility. |
Sachan and Adnan (2018) [42] | - | Optimization simulation with scenario analysis | The impact of different EV charging methods on distribution grid is assessed based on the reduction of network peak load demand and improvement in its operating condition. Wind power flow and electricity price variation are considered with stochastic availability of EVs. |
Attribute | Levels | Details | |
---|---|---|---|
Fuel type | Gasoline, Diesel, Full hybrid, PHEV, BEV | A full hybrid vehicle mostly uses a gasoline engine and gasoline fuel for driving. However, it generates energy from the engine while driving to run the electric motor. It is possible to drive only by electric motor at the start and during low-speed driving. A PHEV has an external rechargeable battery, unlike the full hybrid. Hence, it can be driven using only the electric motor at any time. A BEV uses electricity as fuel and has little noise and a high initial acceleration. However, the travel distance of BEVs after full charge is shorter than that of ICEVs, and the electric charging time is longer than the fueling time of gasoline and diesel. | |
(Only PHEV and BEV) | Electricity generation mix | Coal-, Nuclear-, LNG-, Renewable-oriented | Coal (coal 61%, nuclear 22%, liquefied natural gas (LNG) 13%, and renewables 4%) Nuclear (coal 38%, nuclear 43%, LNG 14%, and renewables 5%) LNG (coal 42%, nuclear 28%, LNG 24%, and renewables 6%) Renewable (coal 39%, nuclear 26%, LNG 15%, and renewables 20%) |
Battery allowance for V2G (%) | 100, 70, 30, 0 | The battery allowance level is defined as the maximum proportion of allowable electric energy capacity at which you can lend electricity power from the charged battery of a vehicle. We assumed that the battery of the vehicle is charged up to 100%, and that electricity is mainly lent during the daytime and is recharged before the end of the working day. | |
Accessibility of fueling/charging facilities (%) | 10, 50, 80, 100 | Taking the current supply level of a gasoline stations as reference, the accessibility of fueling/charging stations is defined as the ratio of the number of fueling/charging stations for a specific fuel type to the number of current gas stations. | |
Fuel cost (KRW/km) | 50, 100, 150 | Fuel cost is defined as the cost of driving 1 km. | |
Vehicle price (KRW 10,000) * | 2500, 3500, 4500, 5500 | The cost of buying a car is the purchase price. |
Characteristics | Number of Respondents (Ratio %) | |
---|---|---|
Total | 1000 (100%) | |
Gender | Male | 507 (50.7%) |
Female | 493 (49.3%) | |
Age range (years) | 20–29 | 184 (18.4%) |
30–39 | 201 (20.1%) | |
40–49 | 233 (23.3%) | |
50–59 | 229 (22.9%) | |
60–69 | 153 (15.3%) | |
Education level | Less than high school | 452 (45.2%) |
University/college or higher | 548 (54.8%) | |
Monthly household income | Under 3 KRW million | 165 (16.5%) |
KRW 3–4 million | 190 (19.0%) | |
KRW 4–5 million | 232 (23.2%) | |
KRW 5–7 million | 277 (27.7%) | |
Over KRW 7 million | 136 (13.6%) | |
Vehicle usage pattern | ||
Driver | Yes | 653 (65.3%) |
No (Passenger) | 347 (34.7%) | |
Purpose of driving | Commuting | 483 (74.0%) |
Business | 56 (8.6%) | |
Leisure/Travel | 15 (2.3%) | |
Daily life | 99 (15.2%) | |
Fuel cost per month | Under KRW 100 thousand | 37 (5.7%) |
KRW 100–200 thousand | 183 (28.0%) | |
KRW 200–400 thousand | 373 (57.1%) | |
KRW 400–700 thousand | 58 (8.9%) | |
Over KRW 700 thousand | 2 (0.3%) |
All Respondents (n = 954) | Driver Group (n = 618) | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Variables | ||||||||||
Baseline | ||||||||||
Gasoline (Reference) | ||||||||||
Diesel | −0.6781 | *** | 0.9432 | *** | −0.0034 | 0.9823 | *** | |||
Full hybrid | −0.2422 | ** | 0.9738 | *** | 0.3247 | * | 1.0031 | *** | ||
PHEV | −0.1556 | 0.9984 | *** | 1.5725 | *** | 1.0179 | *** | |||
BEV | −0.0214 | 0.9794 | *** | 2.1286 | *** | 1.0403 | *** | |||
Plug-in hybrid or Electric | Electricity generation mix | coal-oriented (Reference) | ||||||||
nuclear-oriented | −0.0093 | 0.9745 | *** | −0.8987 | *** | 1.0046 | *** | |||
LNG-oriented | 0.1987 | * | 0.9962 | *** | 1.0334 | *** | 1.0319 | *** | ||
Renewable-oriented | 0.0434 | 0.9777 | *** | 2.3921 | *** | 1.0164 | *** | |||
Battery allowance for V2G | −0.001 | 0.9972 | *** | −0.3885 | ** | 1.0219 | *** | |||
(Battery allowance for V2G)2 | 0.2144 | *** | 0.9764 | *** | 0.6969 | *** | 1.0108 | *** | ||
Accessibility of fueling/charging stations | 1.7523 | *** | 0.8665 | *** | 5.5836 | *** | 0.9828 | *** | ||
Fuel cost | −1.7892 | *** | 5.3306 | *** | −0.9123 | *** | 1.7842 | *** | ||
Vehicle price | −0.7276 | *** | 0.4485 | *** | −0.4063 | *** | 0.2517 | *** | ||
Satiation | ||||||||||
Mean of | Mean of | Mean of | Mean of | |||||||
Gasoline | −1.01963 | *** | 0.2651 | *** | −0.99107 | *** | 0.2707 | *** | ||
Diesel | −1.02683 | *** | 0.2637 | *** | −1.48748 | *** | 0.1843 | *** | ||
Full hybrid | −0.85732 | *** | 0.2979 | *** | −1.25058 | *** | 0.2226 | *** | ||
PHEV | −0.85923 | *** | 0.2975 | *** | −2.47262 | *** | 0.0778 | *** | ||
BEV | −0.75561 | *** | 0.3196 | *** | −2.55786 | *** | 0.0719 | *** | ||
Accessibility of fueling/charging stations | −1.11199 | *** | 0.2475 | *** | −3.97683 | *** | 0.0184 | *** | ||
Fuel cost | 0.308831 | *** | 0.5766 | *** | 0.076437 | *** | 0.5191 | *** |
Alternatives | |||||||
---|---|---|---|---|---|---|---|
Fuel type | Gasoline | Diesel | Full hybrid | PHEV | BEV | ||
Electricity generation mix | - | - | - | Scenario A | Scenario A-1 | Scenario B | |
Coal (%) | 46.00% | 36.10% | 34.40% | ||||
Nuclear (%) | 30.70% | 23.90% | 22.90% | ||||
LNG (%) | 17.10% | 18.80% | 12.80% | ||||
Renewable (%) | 6.30% | 20.00% | 30.00% | ||||
Battery allowance (%) | - | - | - | 0/10/30/50% | |||
Accessibility of fueling/charging stations (%) | 100% | 100% | 100% | 100% | 27.16% | ||
Fuel cost (KRW/km) | 111.06 | 71.47 | 66.58 | 72.75 | 29.21 | ||
Vehicle price (KRW 10,000) | 1431 | 1739 | 2373 | 2730 | 2807 |
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Maeng, K.; Ko, S.; Shin, J.; Cho, Y. How Much Electricity Sharing Will Electric Vehicle Owners Allow from Their Battery? Incorporating Vehicle-to-Grid Technology and Electricity Generation Mix. Energies 2020, 13, 4248. https://doi.org/10.3390/en13164248
Maeng K, Ko S, Shin J, Cho Y. How Much Electricity Sharing Will Electric Vehicle Owners Allow from Their Battery? Incorporating Vehicle-to-Grid Technology and Electricity Generation Mix. Energies. 2020; 13(16):4248. https://doi.org/10.3390/en13164248
Chicago/Turabian StyleMaeng, Kyuho, Sungmin Ko, Jungwoo Shin, and Youngsang Cho. 2020. "How Much Electricity Sharing Will Electric Vehicle Owners Allow from Their Battery? Incorporating Vehicle-to-Grid Technology and Electricity Generation Mix" Energies 13, no. 16: 4248. https://doi.org/10.3390/en13164248
APA StyleMaeng, K., Ko, S., Shin, J., & Cho, Y. (2020). How Much Electricity Sharing Will Electric Vehicle Owners Allow from Their Battery? Incorporating Vehicle-to-Grid Technology and Electricity Generation Mix. Energies, 13(16), 4248. https://doi.org/10.3390/en13164248