RT Book, Section T1 Electric vehicles as distributed energy storage for local energy management A1 Morales, Ricardo A1 Fraile-Ardanuy, Jesús A1 Gutiérrez, Álvaro A1 Jiménez, David A1 Artaloytia, Benito A1 Álvaro-Hermana, Roberto A1 Merino, Julia A1 Castanõ-Solis, Sandra AB Even though the Li-ion battery price has dropped significantly in recent years, this storage technology is still quite expensive and, in order to avoid overspending, this study proposes using EV’s batteries as Battery Energy Storage System. One of the main disadvantages of this scheme is that the total available battery’s capacity is variable, but it is dependent on the EV’s mobility. In this chapter, an optimization model is developed to minimize the electricity cost purchased from the utility grid by the building manager. This optimization model takes into account several parameters: the availability of the EVs parked at the parking lot (that affects the available storage capacity, which varies at each time period, as EVs come and go along the day), the total energy consumption demanded by the building, the self -PV generation and, finally, the retail energy prices. With this information, the optimization algorithm determines how the EV batteries’ charge/ discharge of all parked vehicles should be managed to minimize the cost of electricity purchased from the grid. PB Institution of Engineering and Technology SN 9781785617621 YR 2020 FD 2020-01-01 LK https://hdl.handle.net/11556/1513 UL https://hdl.handle.net/11556/1513 LA eng NO Morales , R , Fraile-Ardanuy , J , Gutiérrez , Á , Jiménez , D , Artaloytia , B , Álvaro-Hermana , R , Merino , J & Castanõ-Solis , S 2020 , Electric vehicles as distributed energy storage for local energy management . in ICT for Electric Vehicle Integration with the Smart Grid . Institution of Engineering and Technology , pp. 237-264 . https://doi.org/10.1049/pbtr016e_ch9 NO Publisher Copyright: © The Institution of Engineering and Technology 2020. DS TECNALIA Publications RD 29 jul 2024