V2G Cost-Benefit – advantages of connecting the EV

V2G can support grid stability by balancing energy supply and demand. Through V2G, households can make money by connecting their electric vehicle to the grid and selling excess energy during periods of high demand.

This project explores the different usage scenarios of the V2G system and its associated costs. One example of a scenario is whether the electric vehicle is utilised for V2G at home, at work or both.

The focus of the project is on power electronics and battery degradation. By analysing the costs of power electronics and the effect on battery life, the project can help different stakeholders to better understand and manage the economic aspects of V2G.

The project goal is to examine what economic opportunities V2G brings. The project will map the circumstances and scenarios most benefit from the V2G-technique. For example, the benefits of energy arbitrage must be greater than battery wear and tear costs.