Peak shaving potential and its economic feasibility analysis of V2B mode

Electric vehicles (EVs) as mobile energy-storage devices improve the grid's ability to absorb renewable energy while reducing peak-to-valley load differences. With a focus on smoothing the load curve, this study investigates the peak shaving potential and its economic feasibility analysis of V2B mode. First, based on the virtual microgrid system established in this paper, a Monte Carlo method was used to simulate the driving, charging, and discharging processes of EVs. Second, the effects of the number of charging stations, battery capacity of EVs, and photovoltaic (PV) penetration rate on the peak shaving results were evaluated separately by using the standard deviation of daily loads. Third, the V2B peak shaving strategy and cost composition were explored considering the battery aging costs. Moreover, the economic feasibility and factors influencing the proposed strategy were analyzed. The results indicate that 1) V2B effectively transfers peak power loads between 08:00 h And 20:00 h To low-demand periods at night; 2) as the deployment ratio of charging station increases, the level of load fluctuation decreases significantly. When EV battery capacity is at or above 60 kW h, charging station deployment ratios of 0.43, 0.42, and 0.47 are required for saturated load smoothing in winter, transition period, and summer, respectively; 3) the PV penetration rate for maximizing the collaborative peak shaving capability of V2B and PV power is 30%-40 % and 4) reducing battery costs or extending battery life has the most significant effect on V2B power costs, followed by charging station costs. This study provides a theoretical basis for determining the economic feasibility of charging station planning and provides technical guidance for the rational scheduling of EVs and their friendly interaction with the power grid.