Please use this identifier to cite or link to this item:
Title: Life-Cycle Cost Modeling to Determine Whether Vehicle-To-Grid (V2G) Integration and Ancillary Service Revenue Can Generate a Viable Case for Plug-In Electric Drive Vehicles
Authors: Joseph F. Monahan
Keywords: Life-Cycle Cost Modeling
Vehicle-To-Grid Integration
Ancillary Service Revenue
Plug-in Electric Drive Vehicles
Cost Analysis
Modeling and Simulation
Federal Feelts
Issue Date: 30-Jun-2013
Publisher: Acquisition Research Program
Citation: Published--Unlimited Distribution
Series/Report no.: Life-Cycle Cost Modeling
Abstract: In an effort to increase U.S. energy security by reducing oil consumption, various federal mandates and executive orders require reduced petroleum use and greenhouse gas emissions by federal non-tactical vehicle fleets. Transitioning federal fleets to plug-in electric drive vehicles (PEDVs) is one option to meet these mandates. This research performs a life-cycle cost analysis using modeling and simulation to determine the parameters under which vehicle-to-grid (V2G) integration and associated revenue streams can create a viable economic case for the transition of federal fleets to PEDVs. Under current market conditions, bidirectional V2G frequency regulation (FR) is not currently viable. Unidirectional FR has potential, but it provides minimal reductions in PEDV life-cycle cost. The cost to meet petroleum reduction mandates by transitioning light-duty fleets to PEDVs is cost prohibitive and impractical, requiring almost a complete one-for-one replacement of the current fleet of traditional light-duty passenger vehicles. Realistically meeting the mandate without fleet downsizing will require implementing a transition toward alternatively fueled vehicles beyond the light-duty passenger vehicle class. However, economic justification will require a reduction in PEDV acquisition costs or improved market conditions for V2G FR (consisting of lower throughput and higher regulation market clearing prices), thereby resulting in considerably greater net revenue.
Description: Logistics Management / Graduate Student Research
Appears in Collections:NPS Graduate Student Theses & Reports

Files in This Item:
File SizeFormat 
NPS-LM-12-133.pdf4.86 MBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.