Harnessing the value of EV flexibility: How an electricity provider can create and capture value from EV demand flexibility

dc.contributor.authorWiss, Oscar
dc.contributor.authorvan Ginhoven, Linus
dc.contributor.departmentChalmers tekniska högskola / Institutionen för teknikens ekonomi och organisationsv
dc.contributor.examinerBjörkdahl, Joakim
dc.contributor.supervisorBjörkdahl, Joakim
dc.date.accessioned2022-06-09T09:30:07Z
dc.date.available2022-06-09T09:30:07Z
dc.date.issued2022sv
dc.date.submitted2020
dc.description.abstractAs the energy system undergoes changes, new possibilities to both create and capture value emerges. Among the changes are increases in electricity demand from the electrification of transport. While electric vehicles (EVs) contribute to this increase in demand, their charging can also be used in a flexible manner to alleviate strain on the grid. When the demand flexibility of several EVs are aggregated, they can help support the electricity system through providing ancillary services to the transmission system operator (TSO). This thesis has examined how an electricity provider such as Circle K can create and capture value from positioning as an EV aggregator, providing ancillary services from demand flexibility. Through combining relevant documents with 19 interviews with industry actors and representatives from Circle K, several findings and implications have been discovered. First, a total of ten technical, regulatory, and financial barriers faced by aggregators were identified. Then, the ancillary service deemed as optimal for value creation was identified as Frequency Containment Reserve - Disturbance (FCR-D). Four main values were identified as being created for the end consumer: financial, environmental, societal, and information visualization. For value capture, it was found important to communicate the values to the customer efficiently, create a service that is easy to use and seamlessly integrated into the day-to-day charging experience, and to have access to capabilities within statistics and software. Finally, an appropriate revenue model was found to be bundling the service with charging equipment and electricity.sv
dc.identifier.coursecodeTEKX08sv
dc.identifier.urihttps://hdl.handle.net/20.500.12380/304627
dc.language.isoengsv
dc.relation.ispartofseriesE2022:042sv
dc.setspec.uppsokTechnology
dc.subjectDemand flexibilitysv
dc.subjectAncillary servicessv
dc.subjectDemand responsesv
dc.subjectElectric vehiclessv
dc.subjectElectrificationsv
dc.titleHarnessing the value of EV flexibility: How an electricity provider can create and capture value from EV demand flexibilitysv
dc.type.degreeExamensarbete för masterexamensv
dc.type.uppsokH
local.programmeManagement and economics of innovation (MPMEI), MSc
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