Print Email Facebook Twitter Dutch electric vehicle drivers' preferences regarding vehicle-to-grid contracts Title Dutch electric vehicle drivers' preferences regarding vehicle-to-grid contracts: Examining the willingness to participate in vehicle-to-grid contracts by conducting a context-dependent stated choice experiment taking into account the EV recharging speed Author Meijssen, Aart (TU Delft Technology, Policy and Management) Contributor Lukszo, Z. (mentor) Annema, J.A. (mentor) Huang, B. (mentor) Degree granting institution Delft University of Technology Programme Complex Systems Engineering and Management (CoSEM) Date 2019-08-30 Abstract Vehicle-to-grid (V2G) could turn an electric vehicle (EV) into a potential source of flexibility, in order to deal with the variability and uncertainty in electricity supply brought about by renewable energy sources and the load increase caused by the adoption of EVs. However, only a few studies have focussed on the complexity of EV drivers’ motivations towards V2G contracts. The main objective of this research was to address this lack of empirical evidence in the V2G literature by conducting a stated choice experiment among Dutch EV drivers’ to obtain their preferences regarding participating in V2G contracts with an aggregator, an intermediary party that would bundle the batteries of the EVs virtually. These preferences were measured from the perspectives of both current and increased recharging speeds of EVs. Therefore, the impact of an increased recharging speed on the potential success of V2G was also measured. In particular, the effect of an increased recharging speed on the guaranteed minimum battery level, one of the contract attributes used in both former as well as in this research, was quantified. A total of 1,332 choice observations was gathered and used to estimate an Multinomial Logit (MNL) model. The results showed that Dutch EV drivers based their decisions to choose for a particular V2G contract on a required plug-in time, a financial compensation, a number of discharging cycles and a guaranteed minimum battery level. However, the relative importance of these contract attributes depended on the recharging speed of the EVs. In fact, Dutch EV drivers valued the guaranteed minimum battery level half as important within the context of a fast recharging speed, relative to recharging speed of their current EVs. The results are compared to the few previously conducted stated choice experiment on V2G contracts, indicating that the demanded financial compensation for the significant contract attributes seems to decrease. Subject Vehicle-to-GridV2GElectric VehiclesEVStated ChoiceChoice Modelling To reference this document use: http://resolver.tudelft.nl/uuid:0cb03a83-148a-48b6-bb14-32a46fdb4e01 Part of collection Student theses Document type master thesis Rights © 2019 Aart Meijssen Files PDF MSc_thesis_Aart_Meijssen.pdf 4.03 MB PDF Academic_paper_Aart_Meijssen.pdf 859.19 KB Close viewer /islandora/object/uuid:0cb03a83-148a-48b6-bb14-32a46fdb4e01/datastream/OBJ1/view