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Electricity systems with high penetrations of renewable energy require a mix of resources to balance supply with demand, and to maintain safe levels of system reliability. A load balancing methodology is developed to determine the optimal lowest-cost mix of renewable energy resources, demand response, and energy storage to replace conventional fuels in the Province of Ontario, Canada. Three successive...
The provision of vehicle-to-grid (V2G) services to an electric grid by electric vehicles (EVs) can potentially reduce the cost of vehicle ownership through revenue generation. Recent studies indicate that yearly vehicle profit from V2G may not be sufficient to induce widespread participation. This paper investigates the feasibility of a premium tariff rate for V2G power, similar to current feed-in-tariff...
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