Vehicle-to-Everything: Looking into the Future of Flexibility Services
<|reference_start|>Vehicle-to-Everything: Looking into the Future of Flexibility Services: The primary aim of this paper is to illuminate potential Vehicle-to-Everything (V2X) flexibility services that can be activated at the three levels of home, community, and grid. To do this, the potential practical services that can be provided by EVs, flexibility requesters, and the required exchange mechanisms at these three levels are identified. At the home level, the two main services that EVs can provide to households are explored. The initial service focuses on cost reduction for homes by employing smart charging and discharging methods, and the second service underscores the capability of an EV equipped with bidirectional chargers to function as a backup resource during grid outages. At the community level, three flexibility services are introduced and outlined: community cost reduction, energy sharing, and backup resources. There is more than one flexibility requester, including the community manager, EV owners, and other end users. Accordingly, at this level, having a fair and transparent market mechanism can optimise the activation of different V2X flexibility services. At the grid level, flexibility providers can offer two main flexibility services, namely load profile adjustment and real-time voltage and frequency control, to a wide range of flexibility requesters, including distribution network/systems operators (DNOs/DSOs) to overcome technical challenges of the distribution network, energy suppliers to manage their energy portfolio, and TSOs to support transmission network. In addition, a review of trial V2X projects and V2X supporting regulations is presented to contextualize the feasibility and regulatory framework for implementing these services. This analysis offers insights into the challenges and opportunities that need to be addressed for the effective integration of V2X flexibility services across the three identified levels.<|reference_end|>
@article{homaee2024vehicle-to-everything:,
    title={Vehicle-to-Everything: Looking into the Future of Flexibility Services},
    author={Omid Homaee, Chaimaa Essayeh, Vahid Vahidinasab, Ville Tikka, Goncalo
  Mendes and Jim Fawcett},
    journal={arXiv preprint arXiv:2407.15615},
    year={2024},
    archivePrefix={arXiv},
    eprint={2407.15615},
    primaryClass={eess.SY cs.SY}
}