Vehicle-to-Grid: quantification of its contribution to security of supply through the F-Factor methodology

Abstract

The increasing adoption of electric vehicles is expected to substantially raise electricity demand. This could require significant grid investment to maintain secure electricity supply, which has traditionally been provided through infrastructure upgrades. The potential of smart technologies like Vehicle-to-Grid (V2G) to contribute to security of supply has prompted the need to quantify their impact. We hypothesize that the F-Factor methodology can effectively quantify V2G’s security of supply contribution. Applying F-Factor analysis to V2G through optimization modeling and sensitivity studies, we find that key parameters like V2G charger ratings, EV battery capacities, and load profile peakiness significantly influence the results. We conclude that the F-Factor provides a valuable tool for assessing V2G’s potential to enhance security of supply, with implications for more efficient grid planning in the context of transport electrification.