Energy, Emissions, and Cost Impacts of Charging Price Strategies for Electric Vehicles
Xinwei Li, Alan Jenn
Abstract
e. Our results show that the charging load profile is the result of various determinants including the dynamic electricity price, price elasticity of charging demand, travel and dwelling constraints, carbon price, as well as exclusive home and shared nonhome charging patterns. The effectiveness of changing charging behavior through internalizing climate damage to obtain environmental benefits depends largely on charging price strategies, implying that policymakers should consider charging price strategies in conjunction with carbon pricing rather than independently.
Topics & Concepts
Environmental economicsElectricity priceElectricityElectric vehiclePrice elasticity of demandCarbon priceDynamic pricingGreenhouse gasBusinessComputer scienceAutomotive engineeringNatural resource economicsEnvironmental scienceMicroeconomicsEconomicsElectrical engineeringEngineeringPower (physics)Quantum mechanicsPhysicsEcologyBiologyElectric Vehicles and InfrastructureTransportation and Mobility InnovationsEnergy, Environment, and Transportation Policies