Assessment of real-time tariffs for electric vehicles in Denmark

T. Soares; C. Fonseca; H. Morais; S. Ramos; T. Sousa

doi:10.1109/PTC.2019.8810747

Assessment of real-time tariffs for electric vehicles in Denmark

T. Soares, C. Fonseca, H. Morais, S. Ramos, T. Sousa

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

Abstract

The charging behavior of electric vehicles (EVs) is a key concern to system operators and retailers given a massive adoption these resources. System operators and retailers may profit from the handling of EVs as flexible loads. The former has interest to move their charging into periods without congestion and voltage problems. Similarly, the latter wants them to only charge at periods when energy is cheaper. This paper addresses the problem by modelling a real-time tariff to encourage flexible EVs charging behavior. More precisely, different tariffs are modelled based on the relation between wind power generation, load consumption and spot price, while assuming Denmark as showcase. The EVs behavior entails three different patterns and a socioeconomic term that defines the anxiety of EVs users' to be responsive to the tariffs. An important conclusion is that a proper real-time tariff design can reduce the energy costs for the retailer and EVs.

Original language	English
Title of host publication	Proceedings of 2019 IEEE Milan PowerTech
Number of pages	6
Publisher	IEEE
Publication date	1 Jun 2019
Article number	8810747
ISBN (Electronic)	9781538647226
DOIs	https://doi.org/10.1109/PTC.2019.8810747
Publication status	Published - 1 Jun 2019
Event	2019 IEEE Milan PowerTech - Milan, Italy Duration: 23 Jun 2019 → 27 Jun 2019 Conference number: 13 https://ieeexplore.ieee.org/xpl/conhome/8792346/proceeding

Conference

Conference	2019 IEEE Milan PowerTech
Number	13
Country/Territory	Italy
City	Milan
Period	23/06/2019 → 27/06/2019
Internet address	https://ieeexplore.ieee.org/xpl/conhome/8792346/proceeding

Series	2019 IEEE Milan PowerTech, PowerTech 2019

Keywords

Electric vehicle
Opportunity cost
Real-time tariff
Wind generation

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10.1109/PTC.2019.8810747

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title = "Assessment of real-time tariffs for electric vehicles in Denmark",

abstract = "The charging behavior of electric vehicles (EVs) is a key concern to system operators and retailers given a massive adoption these resources. System operators and retailers may profit from the handling of EVs as flexible loads. The former has interest to move their charging into periods without congestion and voltage problems. Similarly, the latter wants them to only charge at periods when energy is cheaper. This paper addresses the problem by modelling a real-time tariff to encourage flexible EVs charging behavior. More precisely, different tariffs are modelled based on the relation between wind power generation, load consumption and spot price, while assuming Denmark as showcase. The EVs behavior entails three different patterns and a socioeconomic term that defines the anxiety of EVs users' to be responsive to the tariffs. An important conclusion is that a proper real-time tariff design can reduce the energy costs for the retailer and EVs.",

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AU - Fonseca, C.

AU - Morais, H.

AU - Ramos, S.

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AB - The charging behavior of electric vehicles (EVs) is a key concern to system operators and retailers given a massive adoption these resources. System operators and retailers may profit from the handling of EVs as flexible loads. The former has interest to move their charging into periods without congestion and voltage problems. Similarly, the latter wants them to only charge at periods when energy is cheaper. This paper addresses the problem by modelling a real-time tariff to encourage flexible EVs charging behavior. More precisely, different tariffs are modelled based on the relation between wind power generation, load consumption and spot price, while assuming Denmark as showcase. The EVs behavior entails three different patterns and a socioeconomic term that defines the anxiety of EVs users' to be responsive to the tariffs. An important conclusion is that a proper real-time tariff design can reduce the energy costs for the retailer and EVs.

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KW - Opportunity cost

KW - Real-time tariff

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Assessment of real-time tariffs for electric vehicles in Denmark

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