Impact of electric vehicles and renewable energy systems on cost and emission of electricity

Abstract

This paper investigates the influence of electric vehicles (EVs) and renewable energy sources (RESs) on the cost and emission of electricity. Based on the data collected from Melbourne in Australia, the power system with EVs and the power system with both EVs and RESs have been simulated to compare with conventional power systems in terms of the cost and emission of electricity. The simulation results show that the integration of both EVs and RESs into the power system can reduce the cost and emission of electricity by intelligently managing the timings of charging/discharging EV batteries from/to the grid.