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...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Mohammad Esmaeili (3694522) (author)
مؤلفون آخرون: Amjad Anvari-Moghaddam (16904826) (author), S. M. Muyeen (14778337) (author), Vedran S. Peric (16904829) (author)
منشور في: 2022
الموضوعات:
الوسوم: إضافة وسم
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
_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