Smart vehicle-to-grid integration strategy for enhancing distribution system performance and electric vehicle profitability

Wael Abdelfattah, Ahmed Sayed Abdelhamid, Hany M. Hasanien and Basem Abd-Elhamed Rashad

Energy, 2024, vol. 302, issue C

Abstract: This study presents a novel Vehicle-to-Grid (V2G) integration strategy. By utilizing the energy stored in electric vehicles (EVs) to inject power into the grid optimally during peak-load/high-tariff periods. This V2G strategy has two main objectives: enhancement of the system performance and offering financial profit to EV owners. The V2G strategy optimizes the energy exchange between EVs and the grid based on load leveling methodology through intelligent scheduling of charging/discharging times to alleviate grid stress during peak demand, leading to enhanced system performance. Also, it enables EV owners to sell their excess energy to the utility at favorable prices, which not only helps EV owners offset their charging costs but also turns their EVs into profitable assets. The contribution over recent similar studies is targeting multiple objectives simultaneously, besides employing a comprehensive set of factors, involving all relevant participants, and rigorous load modelling. The effectiveness of this strategy is demonstrated through comprehensive simulations with two different charging scenarios applied to two networks, RBTS-bus2 and ShC-D8. The results show the enhancement of system performance, as evidenced by improvements in voltage profiles and load curves, besides reductions in losses, operational costs, and feeder and transformer loading. Furthermore, the proposed approach maximizes the profit of EV owners.

Keywords: Distribution system; Electric vehicle (EV); Intelligent scheduling; Load management; System performance; Vehicle-to-grid (V2G) (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544224015809
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:302:y:2024:i:c:s0360544224015809

DOI: 10.1016/j.energy.2024.131807

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().