| ID | 150721 |
| Title Proper | Electricity-price arbitrage with plug-in hybrid electric vehicle |
| Other Title Information | gain or loss? |
| Language | ENG |
| Author | Shang, Duo (Rick) ; Sun, Guodong |
| Summary / Abstract (Note) | Customers, utilities, and society can gain many benefits from distributed energy resources (DERs), including plug-in hybrid electric vehicles (PHEVs). Using battery on PHEV to arbitrage electricity price is one of the potential benefits to PHEV owners. There is, however, disagreement on the magnitude of such profit. This study uses a stochastic optimization model to estimate the potential profit from electricity price arbitrage of two types of PHEVs (PHEV-10, and PHEV-40) under three scenarios with variant electricity tariff and PHEV owners over a five-year period. |
| `In' analytical Note | Energy Policy Vol. 95, No.95; Aug 2016: p.402–410 |
| Journal Source | Energy Policy 2016-08 95, 95 |
| Key Words | Smart Grid ; Distributed Energy Resources ; Plug-In Hybrid Electric Vehicle ; Battery Storage Arbitrage |