Harnessing Grid Integration Opportunities for Accelerated Adoption: This paper proposes a multistage investment planning framework for the fleet transition problem, with a particular focus on the capacity of the electric fleet’s aggregated battery to generate revenue for the fleet owner through self-use or third-party provision of electricity energy services.
The proposed approach considers the purchase costs, salvage revenues, operational expenses, investments in charging infrastructure, and revenue opportunities derived from the electricity energy services offered by the electric fleet.
An illustrative insight into potential revenue opportunities of an electric fleet for behind-the-meter and grid ancillary services is first provided. Subsequently, using a food retailer as a case study, this research evaluates how these auxiliary services can impact the dynamics of fleet transitions.
This paper also explores the influence of the electricity market on strategic planning and examines the optimal…
Authors: Hossein Karimi, Hamidreza Zareipour, W Rosehart