A new business model for encouraging the adoption of electric vehicle
As the lack of successful business models is considered a barrier to wide scale EV adoption, five models have the purpose of investigating EV business models. Nian et al. (2019) propose a business
Residential Energy Storage from Repurposed Electric Vehicle Batteries: Market Overview and Development of a Service-Centered Business Model
However, neither a market nor business models for further using electric vehicle batteries exist, yet. In this paper, we set out to review existing business models for residential battery energy storage systems and suggest a re-design to open up a market for storage systems that build on used electric vehicle batteries.
Sustainable business model archetypes for the electric vehicle
resource cycles by increasing total LIB service life in less demanding applications in the stationary energy storage market Towards sustainable business models for electric vehicle battery second use : a
(PDF) How Tesla created advantages in the ev automotive paradigm, through an integrated business model
combustion engine transpo rtation to electric vehicle (EV) energy powertrains. The purpose of this paper is to explore how the ecosystem, business model, modularity and innovatio ns of Tesla, as an
Tesla''s energy storage business is booming, and it''s just the
Tesla wrote about its energy storage business in its Q4 shareholder''s letter: Energy storage deployments increased by 152% YoY in Q4 to 2.5 GWh, for a total
(PDF) Opportunities, Challenges and Strategies for
Developing electric vehicle (EV) energy storage technology is a strategic position from which the automotive industry can achieve low-carbon growth, thereby promoting the green
The new economics of energy storage | McKinsey
Our research shows considerable near-term potential for stationary energy storage. One reason for this is that costs are falling and could be $200 per kilowatt-hour in 2020, half today''s price, and $160 per kilowatt-hour or less in 2025. Another is that identifying the most economical projects and highest-potential customers for storage has
Batteries | Free Full-Text | Circular Business Models
In the near future, a large volume of electric vehicle (EV) batteries will reach their end-of-life in EVs. However, they may still retain capacity that could be used in a second life, e.g., for a second use in an EV, or for home
IV A Business Model for Employing Electric Vehicles for Energy
We analyze this concept from an economic perspective by developing and evaluating a business model for electric vehicle aggregation. Specifically, we investigate
Industrials & Electronics Practice Enabling renewable energy with battery energy storage
Industrials & Electronics PracticeEnabling renewable energy with. battery energy storage systemsThe market for battery energy s. orage systems is growing rapidly. Here are the key questions for those who want to lead the way.This article is a collaborative efort by Gabriella Jarbratt, Sören Jautelat, Martin Linder, Erik Sparre, Alexandre van
Business models for electric vehicles: Literature review and key
In this article, we review relevant literature on electric vehicle business models and distill key insights along each business model element.
Building the Energy Storage Business Case: The Core Toolkit
Solar PV power would be a major electricity generation source, followed by wind generation. Both together will suppose 63% of the total generation share by 2050 and 74% of the total installed capacity. Operating a system with this share of VRE could be a challenge if the right measures are not in place. Storage could be a key flexibility option
Business Models and Profitability of Energy Storage
This paper presents a conceptual framework to describe business models of energy storage. Using the framework, we identify 28 distinct business
Effective business models for electric vehicles
Other studies have reported on the types of business models relevant for EV charging [30,[46][47] [48]. While there are many emerging business model options, stakeholders are unsure of what
Embrace New Connected Energy Business Models | Accenture
Our findings suggest connected energy business models could yield between €7.2 billion and €8.8 billion of total EBITDA across the industry within 10 years. This report explores those connected energy business models centered on DERs and eMobility across six key European countries: Spain, Italy, France, Germany, the Netherlands, and the
Electric vehicle batteries alone could satisfy short-term grid
We quantify the global EV battery capacity available for grid storage using an integrated model incorporating future EV battery deployment, battery degradation,
The electric vehicle and renewable energy: Changes in boundary conditions that enhance business model
Regarding the sources of energy generation, the analysis focused on solar PV and wind energy due to their characteristics such as low or moderate investment, possibility of decentralised production, micro-generation, and variable generation (Sovacool and Geels., 2016) as well as synergy of these two energy sources with the expansion of
Circular business models for electric vehicle lithium-ion batteries: An analysis of current practices of vehicle
DOI: 10.1016/J.RESCONREC.2021.105658 Corpus ID: 236256137 Circular business models for electric vehicle lithium-ion batteries: An analysis of current practices of vehicle manufacturers and policies in the EU @article{Albertsen2021CircularBM, title={Circular
(PDF) Chapter 6: Energy Storage Sizing for Plug-in Electric Vehicle
Chapter 6: Energy Storage Sizing for Plug-in Electric Vehicle Charging Stations. March 2021. DOI: 10.1201/9780367423926-6. In book: Electric Vehicle Integration in a Smart Microgrid Environment
A new battery model for use with battery energy storage systems and electric vehicle
A New Battery Model for use with Battery Energy Storage Systems and Electric Vehicles Power Systems H.L. Chan, D. Sutanto Department of Electrical Engineering, The Hong Kong Polytechnic University
Energy storage resources management: Planning, operation, and business model
Traditional business models involve ancillary services and load transfer, while emerging business models include electric vehicle (EV) as energy storage and shared energy storage. With the acceleration of supply-side renewable energy penetration rate and the increasingly diversified and complex demand-side loads, how to maintain the
(PDF) Secure Electricity Trading and Incentive Contract Model for Electric Vehicle Based on Energy
X. Chen, X. Zhang: Secure Electricity Trading and Incentive Contract Model for Electric Vehicle Based on Energy Blockchain TABLE 2. Strategies space of s s and s p .
Review of energy storage systems for electric vehicle
The increase of vehicles on roads has caused two major problems, namely, traffic jams and carbon dioxide (CO 2) emissions.Generally, a conventional vehicle dissipates heat during consumption of approximately 85% of total fuel energy [2], [3] in terms of CO 2, carbon monoxide, nitrogen oxide, hydrocarbon, water, and other
Review Towards sustainable business models for electric vehicle
OEM B2U partner/service provider EV model Capacity B2U application Country Reference Daimler GETEC, The Mobility House, Remondis Smart 13 MWh Renewable energy Germany Daimler, 2016 GM Volt 50
Sustainable business model archetypes for the electric vehicle battery second use industry: Towards a conceptual framework
While electric vehicle business models have been a 197 topic of research in recent studies (see, e.g., Bonsu, 2020; Reinhardt et al., 2020; Secinaro et al., 198 2020), the discussion on the sector
Residential Energy Storage from Repurposed Electric Vehicle
In this paper, we set out to review existing business models for residential battery energy storage systems and suggest a re-design to open up a market for
WEVJ | Free Full-Text | Opportunities, Challenges and
Developing electric vehicle (EV) energy storage technology is a strategic position from which the automotive industry can achieve low-carbon growth, thereby promoting the green transformation
An economic evaluation of electric vehicles balancing grid load fluctuation, new perspective on electrochemical energy storage
As shown in the Fig. 1, generally, when the battery capacity reaches 80 %, it can no longer be used in EV and will be scrapped [32].Then the charge and discharge electricity by a unit power battery in the whole life cycle is: (11) E LifeC ycle = ∑ j = 1 C Cap j Cap j represents the remaining battery capacity at the j-th cycle, and C is the number of
(PDF) Business Models and Profitability of Energy Storage
term storage'' is reflected in the business models Trading arbitrage, Black start e nergy, Backup energy, or Self-sufficiency depending on the actual implementation of the storage facility.
Business Models for Electric Vehicles: Lessons from the Japanese EV
In the next two sections, we present innovative business models for EV rental services on Okinawa Island and for energy services. 4 Mobility-as-a-Service Business Models 4.1 Case 1: Okinawa Electric Vehicle Rental Service In 2010, 200 electric vehicles (EV
Energy Storage Solutions for Electric Vehicle (EV) Charging
EVESCO energy storage solutions are hardware agnostic and can work with any brand or any type of EV charger. As a turkey solutions provider we also offer a portfolio of AC and DC chargers with a variety of features and a wide range of power output from 7kW up to 350kW+, all chargers are designed to deliver a driver-friendly charging experience
Enabling renewable energy with battery energy storage systems
These developments are propelling the market for battery energy storage systems (BESS). Battery storage is an essential enabler of renewable-energy
What are the business models for electric vehicle as distributed energy
Business models for electric vehicles as distributed energy resources have been studied extensively in the literature. The analysis of various business models reveals that they are deeply embedded in policy and regulatory frameworks, and are driven more by regulatory and policy factors than by technological factors. The determinants of success within a
[PDF] A BUSINESS MODEL FOR AN EV CHARGING STATION WITH BATTERY ENERGY STORAGE
2012. 13. 1 Excerpt. High power ultra-fast charging stations are required to sustain massive diffusion of electric vehicles. We propose a business model for a charging station with a stationary Li-ion battery pack to alleviate both the high cost of power charges and grid investment. The model accounts for both the energy storage system
