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dc.contributor.authorBremdal, Bernt Arild
dc.contributor.authorIlieva, Iliana
dc.contributor.authorTangrand, Kristoffer Meyer
dc.contributor.authorDadman, Shayan
dc.date.accessioned2023-08-31T07:47:31Z
dc.date.available2023-08-31T07:47:31Z
dc.date.issued2023-02-28
dc.description.abstractThis paper provides a method for determining the economic incentives and limitations for a battery used for peak clipping, with the goal of finding an optimal mix between the battery’s power density and energy density. A ratio called the R-factor has been introduced, which helps determine the energy demand to curb the peak. The paper’s results embrace different investment scenarios showing what battery capacity can be expected, dependent on interest rates, payback time and potential savings in power tariffs due to curtailment. In addition, the paper introduces the “wrench and cut” concept, which can help improve the investment case for batteries by combining battery operations with standard demand response operations. In particular, the effect of using a limited form of demand response-based load deactivation together with a battery has been analyzed. The investigation provided raises a point that battery degradation must be taken into account to prevent the reduction of battery life and possibly the needed payback period. The ultimate target of the presented research refers to vehicle-to-grid/vehicle-to-building developments in the Arctic region, where a vehicle is considered a mobile battery and where flexibility can be delivered in a cost-efficient way.en_US
dc.identifier.citationBremdal, Ilieva, Tangrand, Dadman. E-Mobility and Batteries—A Business Case for Flexibility in the Arctic Region. World Electric Vehicle Journal. 2023;14(3)en_US
dc.identifier.cristinIDFRIDAID 2140407
dc.identifier.doi10.3390/wevj14030061
dc.identifier.issn2032-6653
dc.identifier.urihttps://hdl.handle.net/10037/30563
dc.language.isoengen_US
dc.publisherMDPIen_US
dc.relation.journalWorld Electric Vehicle Journal
dc.relation.projectIDNorges forskningsråd: 257626en_US
dc.rights.accessRightsopenAccessen_US
dc.rights.holderCopyright 2023 The Author(s)en_US
dc.rights.urihttps://creativecommons.org/licenses/by/4.0en_US
dc.rightsAttribution 4.0 International (CC BY 4.0)en_US
dc.titleE-Mobility and Batteries—A Business Case for Flexibility in the Arctic Regionen_US
dc.type.versionpublishedVersionen_US
dc.typeJournal articleen_US
dc.typeTidsskriftartikkelen_US
dc.typePeer revieweden_US


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Attribution 4.0 International (CC BY 4.0)
Except where otherwise noted, this item's license is described as Attribution 4.0 International (CC BY 4.0)