Valuation of electric vehicle batteries in vehicle-to-grid and battery-to-grid systems

Technological Forecasting and Social Change

Volumn 79, Issue 9, 2012, Pages 1654-1671

  Hein, Robert ^a   Kleindorfer, Paul R ^b   Spinler, Stefan ^a  

^a WHU OTTO BEISHEIM SCHOOL OF MANAGEMENT   (Germany)

^b INSEAD   (France)

Author keywords

Battery to grid; Economic modeling; System dynamics; Technology evaluation; Technology forecasting; Vehicle to grid

Indexed keywords

BATTERY-TO-GRID; ECONOMIC MODELING; SYSTEM DYNAMICS; TECHNOLOGY EVALUATION; TECHNOLOGY FORECASTING; VEHICLE TO GRIDS;

ELECTRIC VEHICLES; TECHNOLOGICAL FORECASTING;

COSTS;

CAR USE; COST; ELECTRIC VEHICLE; MODELING; TECHNOLOGICAL DEVELOPMENT;

EID: 84867101938     PISSN: 00401625     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.techfore.2012.06.002     Document Type: Article

References (36)

1. Unknown Konzept eines Programmes zur Markteinführung von Elektrofahrzeugen - 1. Schritt Marktaktivierung von 100.000 fahrzeugen bis 2014. Tech. rep. 2009, German Federal Ministry of the Environment and McKinsey & Company.
2. Unknown Programm zur Markteinführung für Elektrofahrzeuge - 100.000 Stück bis ende 2014. Tech. rep. 2009, German Federal Ministry of the Environment.
3. Turton H. Sustainable global automobile transport in the 21st century: an integrated scenario analysis. Technol. Forecast. Soc. Chang. 2006, 73(6):607-629. 10.1016/j.techfore.2005.10.001.
4. Unknown Nationaler Entwicklungsplan Elektromobilität der Bundesregierung. Tech. rep. 2009, German Federal Ministry of Economics.
5. Kalhammer F.R., Kopf B.M., Swan D.H., Roan V.P., Walsh M.P. Status and prospects for zero emissions vehicle technology-report of the ARB Independent Expert Panel 2007. Tech. Rep., ARB Independent Expert Panel 2007, State of California Air Resources Board.
6. Kempton W., Tomic J. Vehicle-to-grid power fundamentals: calculating capacity and net revenue. J. Power Sources 2005, 144(1):268-279. 10.1016/j.jpowsour.2004.12.025.
7. Kempton W., Tomic J. Vehicle-to-grid power implementation: from stabilizing the grid to supporting large-scale renewable energy. J. Power Sources 2005, 144(1):280-294. 10.1016/j.jpowsour.2004.12.022.
8. Tomic J., Kempton W. Using fleets of electric-drive vehicles for grid support. J. Power Sources 2007, 168(2):459-468. 10.1016/j.jpowsour.2007.03.010.
9. Turton H., Moura F. Vehicle-to-grid systems for sustainable development: an integrated energy analysis. Technol. Forecast. Soc. Chang. 2008, 75(8):1091-1108. 10.1016/j.techfore.2007.11.013.
10. Ravnitzky M. Electric drive vehicles for mail delivery-identifying key issues. Tech. Rep. 2009, Postal Regulatory Commission.
11. Unknown U.S. Postal Service-electrification of delivery vehicles. Tech. Rep. 2009, U.S. Postal Service, Office of Inspector General, http://dx.doi.org/DA-WP-09-001.
12. Chocteau V., Drake D., Kleindorfer P., Orsato R.J., Roset A. Sustainable fleet operations in the postal sector. Tech. Rep., LaPoste 2010, INSEAD.
13. Graham R. Market feasibility for nickel metal hydride and other advanced electric vehicle batteries in selected stationary applications. Tech. Rep. 2000, EPRI, Palo Alto, CA, and SMUD, Sacramento, CA, http://dx.doi.org/2000.1000292.
14. Cready E., Lippert J., Pihl J., Weinstock I., Symons P., Jungst R.G. Technical and economic feasibility of applying used EV batteries in stationary applications-a study for the doe energy storage systems program. Tech. Rep. 2003, Sandia National Laboratories, operated for the United States Department of Energy by Sandia Corporation, http://dx.doi.org/SAND2002-4084.
15. Unknown, Nissan sustainability report 2010 - protecting the environment, accessed 09/22/2010 (2010). URL http://www.nissan-global.com.
16. Kitamura M., Iwatani T. Nissans leaf battery maker targets lower cost (update1) 2010, accessed 09/22/2010. http://www.businessweek.com.
17. Gartner J. The EV Conundrum: Uncertain Resale Value Complicates Li-ion Battery Market 2009, accessed 09/22/2010 (2009). http://www.pikeresearch.com.
18. Harrison J., Lin Z., Carroll G., Carley K. Simulation modeling in organizational and management research. Acad. Manag. Rev. 2007, 32(4):1229-1245.
19. Tako A., Robinson S. Model development in discrete-event simulation and system dynamics: an empirical study of expert modellers. Eur. J. Oper. Res. 2010, 207(2):784-794. 10.1016/j.ejor.2010.05.011.
20. Groessler A., Thun J.-H., Milling P.M. System dynamics as a structural theory in operations management. Prod. Oper. Manag. 2008, 17(3):373-384.
21. Struben J., Sterman J. Transition challenges for alternative fuel vehicle and transportation systems. Environ. Plann. B: Plann. Des. 2008, 35(6):1070-1097. 10.1068/b33022t.
22. A. Feller, M. Stephan, Migrating from oil- to electricity-powered vehicles: Modeling germany's transistion to the ev until 2040 in system dynamics, Bachelor thesis, WHU - Otto Beisheim School of Management, 2009.
23. Anderson S.P., Palma A.D., Thissea J.-F. Discrete choice theory of product differentiation 1992, MIT Press.
24. Leonhard W. Energiespeicher in Stromversorgungssystemen mit hohem Anteil erneuerbarer Energieträger. Tech. rep., ETG Task Force Energiespeicher 2008, Verband der Elektrotechnik (VDE).
25. Hoffart F. Proper Care Extends Li-ion Battery Life 2008, accessed 09/22/2010 (2008). http://powerelectronics.com.
26. Unknown, Electropaedia - battery performance characteristics, accessed 05/30/2011 (2011).URL http://www.mpoweruk.com.
27. Peterson S.B., Apt J., Whitacre J.F. Lithium-ion battery cell degradation resulting from realistic vehicle and vehicle-to-grid utilization. J. Power Sources 2010, 195(8):2385-2392. 10.1016/j.jpowsour.2009.10.010.
28. Unknown, Battery university - how to prolong lithium-based batteries, accessed 05/30/2011 (2011). URL http://www.batteryuniversity.com.
29. Unknown, Nissan leaf - specs, accessed 27/01/11 (2011). URL http://www.nissan-zeroemission.com.
30. Unknown, Neuzulassungen von Kraftfahrzeugen und Kraftfahrzeuganhängern in den Jahren 1955 bis 2010 nach Fahrzeugklassen, accessed 27/01/11 (2011).URL http://www.kba.de.
31. Fisher J., Pry R. A simple substitution model of technological change. Technol. Forecast. Soc. Chang. 1971, 3:75-88. (C).
32. Hax A.C., Majluf N.S. Competitive cost dynamics: the experience curve. Interfaces 1982, 12(5):50-61.
33. Dinger A., Martin R., Mosquet X., Rabi M., Rizoulis D., Russo M., Sticher G. Batteries for electric cars-challenges, opportunities, and the outlook to 2020. Tech. Rep. 2010, The Boston Consulting Group.
34. Neboian A., Spinler S., Kleindorfer P. Vehicle Fleet Management in the Presence of Technology Options, Internal Paper 2011, WHU.
35. Eyer J., Corey G. Energy storage for the electricity grid: benefits and market potential assessment guide-a study for the doe energy storage systems program. Tech. rep. 2010, Sandia National Laboratories, operated for the United States Department of Energy by Sandia Corporation, http://dx.doi.org/SAND2010-0815.
36. Unknown, International energy statistics - total electricity installed capacity, accessed 27/01/11 (2011). URL http://www.eia.gov.