The economics of using plug-in hybrid electric vehicle battery packs for grid storage

Author:

Peterson Scott B.,Whitacre J.F.,Apt Jay

Publisher

Elsevier BV

Subject

Electrical and Electronic Engineering,Physical and Theoretical Chemistry,Energy Engineering and Power Technology,Renewable Energy, Sustainability and the Environment

Reference18 articles.

1. The American Recovery and Reinvestment Act (ARRA), H.R.1 of the 111th Congress, provides a minimum tax credit of $2500 per vehicle is increased by $417kWh−1 in excess of 4kWh, to a maximum of $7500. Full credits for plug-in hybrids will be given to the first 250,000 sold PHEVs. Aftermarket conversions of HEVs to PHEVs are eligible for a credit of 10% of conversions costs up to $40,000.

2. EPRI, EPRI-DOE Handbook of Energy Storage for Transmission and Distribution Applications, 2003.

3. Economics of electric energy storage for energy arbitrage and regulation in New York

4. Vehicle-to-grid power fundamentals: Calculating capacity and net revenue

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