On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector Coupling
<p>Various incentives are introduced for the expansion of electric vehicle fleets and electricity generation from renewable energy resources. Although many researchers studied the effect of these policies on the related sector, there is no study investigating the indirect effect of renewable e...
محفوظ في:
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| مؤلفون آخرون: | , , |
| منشور في: |
2022
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| _version_ | 1864513561074597888 |
|---|---|
| author | Mohammad Esmaeili (3694522) |
| author2 | Amjad Anvari-Moghaddam (16904826) S. M. Muyeen (14778337) Vedran S. Peric (16904829) |
| author2_role | author author author |
| author_facet | Mohammad Esmaeili (3694522) Amjad Anvari-Moghaddam (16904826) S. M. Muyeen (14778337) Vedran S. Peric (16904829) |
| author_role | author |
| dc.creator.none.fl_str_mv | Mohammad Esmaeili (3694522) Amjad Anvari-Moghaddam (16904826) S. M. Muyeen (14778337) Vedran S. Peric (16904829) |
| dc.date.none.fl_str_mv | 2022-05-18T00:00:00Z |
| dc.identifier.none.fl_str_mv | 10.1109/access.2022.3176012 |
| dc.relation.none.fl_str_mv | https://figshare.com/articles/journal_contribution/On_the_Role_of_Renewable_Energy_Policies_and_Electric_Vehicle_Deployment_Incentives_for_a_Greener_Sector_Coupling/24056421 |
| dc.rights.none.fl_str_mv | CC BY 4.0 info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Engineering Automotive engineering Electrical engineering Environmental engineering Charging stations Electric vehicles Renewable energy sources Investment , Investment Biological system modeling Transportation Vehicle dynamics DC charging stations Electricity market Electric vehicles deployment policies Plug-in electric vehicles Renewable capacity incentive System dynamics Wind capacity investment |
| dc.title.none.fl_str_mv | On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector Coupling |
| dc.type.none.fl_str_mv | Text Journal contribution info:eu-repo/semantics/publishedVersion text contribution to journal |
| description | <p>Various incentives are introduced for the expansion of electric vehicle fleets and electricity generation from renewable energy resources. Although many researchers studied the effect of these policies on the related sector, there is no study investigating the indirect effect of renewable energy incentives on the deployment of electric vehicles or the indirect effect of electric vehicle adoption policies on the long-term integration of renewable energy resources. The main contribution of this paper is to analyze the impact of the specific incentives on both deployment of electric vehicles in the transportation system and investment in capacity generation in the electricity market. For this purpose, a new framework was designed to analyze the effect of policies on the electric vehicle deployment and development of DC charging stations based on the system dynamics approach. Then, this framework was combined with the existing dynamic models of the electricity market to study the interaction and behavior of both coupled systems from the policymakers’ perspective. The effect of policies implementation was interpreted in a mathematical framework and the Net Present Value method was used for assessing the investment in charging infrastructures. Simulation results of a case study in the United States and sensitivity analysis illustrate that increasing the wind capacity incentives accelerated the electrification of the transportation system and increasing the incentives for electrification of transportation system influences wind capacity positively. Moreover, the sensitivity of the electric vehicle adoption to gas price is more than the sensitivity of the wind capacity penetration to gas price.</p><h2>Other Information</h2><p>Published in: IEEE Access<br>License: <a href="https://creativecommons.org/licenses/by/4.0/legalcode" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1109/access.2022.3176012" target="_blank">https://dx.doi.org/10.1109/access.2022.3176012</a></p> |
| eu_rights_str_mv | openAccess |
| id | Manara2_b9155cb3ffba2a63f449557a58fdbbae |
| identifier_str_mv | 10.1109/access.2022.3176012 |
| network_acronym_str | Manara2 |
| network_name_str | Manara2 |
| oai_identifier_str | oai:figshare.com:article/24056421 |
| publishDate | 2022 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| rights_invalid_str_mv | CC BY 4.0 |
| spelling | On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector CouplingMohammad Esmaeili (3694522)Amjad Anvari-Moghaddam (16904826)S. M. Muyeen (14778337)Vedran S. Peric (16904829)EngineeringAutomotive engineeringElectrical engineeringEnvironmental engineeringCharging stationsElectric vehiclesRenewable energy sourcesInvestment ,InvestmentBiological system modelingTransportationVehicle dynamicsDC charging stationsElectricity marketElectric vehicles deployment policiesPlug-in electric vehiclesRenewable capacity incentiveSystem dynamicsWind capacity investment<p>Various incentives are introduced for the expansion of electric vehicle fleets and electricity generation from renewable energy resources. Although many researchers studied the effect of these policies on the related sector, there is no study investigating the indirect effect of renewable energy incentives on the deployment of electric vehicles or the indirect effect of electric vehicle adoption policies on the long-term integration of renewable energy resources. The main contribution of this paper is to analyze the impact of the specific incentives on both deployment of electric vehicles in the transportation system and investment in capacity generation in the electricity market. For this purpose, a new framework was designed to analyze the effect of policies on the electric vehicle deployment and development of DC charging stations based on the system dynamics approach. Then, this framework was combined with the existing dynamic models of the electricity market to study the interaction and behavior of both coupled systems from the policymakers’ perspective. The effect of policies implementation was interpreted in a mathematical framework and the Net Present Value method was used for assessing the investment in charging infrastructures. Simulation results of a case study in the United States and sensitivity analysis illustrate that increasing the wind capacity incentives accelerated the electrification of the transportation system and increasing the incentives for electrification of transportation system influences wind capacity positively. Moreover, the sensitivity of the electric vehicle adoption to gas price is more than the sensitivity of the wind capacity penetration to gas price.</p><h2>Other Information</h2><p>Published in: IEEE Access<br>License: <a href="https://creativecommons.org/licenses/by/4.0/legalcode" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1109/access.2022.3176012" target="_blank">https://dx.doi.org/10.1109/access.2022.3176012</a></p>2022-05-18T00:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1109/access.2022.3176012https://figshare.com/articles/journal_contribution/On_the_Role_of_Renewable_Energy_Policies_and_Electric_Vehicle_Deployment_Incentives_for_a_Greener_Sector_Coupling/24056421CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/240564212022-05-18T00:00:00Z |
| spellingShingle | On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector Coupling Mohammad Esmaeili (3694522) Engineering Automotive engineering Electrical engineering Environmental engineering Charging stations Electric vehicles Renewable energy sources Investment , Investment Biological system modeling Transportation Vehicle dynamics DC charging stations Electricity market Electric vehicles deployment policies Plug-in electric vehicles Renewable capacity incentive System dynamics Wind capacity investment |
| status_str | publishedVersion |
| title | On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector Coupling |
| title_full | On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector Coupling |
| title_fullStr | On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector Coupling |
| title_full_unstemmed | On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector Coupling |
| title_short | On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector Coupling |
| title_sort | On the Role of Renewable Energy Policies and Electric Vehicle Deployment Incentives for a Greener Sector Coupling |
| topic | Engineering Automotive engineering Electrical engineering Environmental engineering Charging stations Electric vehicles Renewable energy sources Investment , Investment Biological system modeling Transportation Vehicle dynamics DC charging stations Electricity market Electric vehicles deployment policies Plug-in electric vehicles Renewable capacity incentive System dynamics Wind capacity investment |