Will Smart Prices Induce Smart Charging of Electric Vehicles?

15 Pages Posted: 25 Aug 2011

See all articles by Ahmad Faruqui

Ahmad Faruqui

The Brattle Group

Ryan M. Hledik

The Brattle Group

Armando Levy

The Brattle Group

Alan L. Madian

The Brattle Group

Date Written: July 1, 2011

Abstract

The societal and environmental benefits of plug-in electric vehicles (PEVs) have been well documented. However, the near-term impact of PEVs on the distribution grid has yet to be fully explored. Whether PEVs will help or hinder electricity provision will depend on how customers charge their vehicles, which will be driven in part by the rate structures that are offered by utilities and the associated customer response. In this discussion paper, we explore the relationship between PEV charging behavior and varying time-of-use rates, and offer suggestions for conducting a well-designed pricing experiment that will determine whether varying rates will help reduce future grid reliability problems as PEVs penetrate the vehicle market.

Keywords: Plug-in Electric Vehicles, Time-of-Use Rates

Suggested Citation

Faruqui, Ahmad and Hledik, Ryan M. and Levy, Armando and Madian, Alan L., Will Smart Prices Induce Smart Charging of Electric Vehicles? (July 1, 2011). Available at SSRN: https://ssrn.com/abstract=1915658 or http://dx.doi.org/10.2139/ssrn.1915658

Ahmad Faruqui (Contact Author)

The Brattle Group ( email )

Suite 2800
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Ryan M. Hledik

The Brattle Group ( email )

44 Brattle Street
3rd Floor
Cambridge, MA 02138-3736
United States

Armando Levy

The Brattle Group ( email )

44 Brattle Street
3rd Floor
Cambridge, MA 02138-3736
United States

Alan L. Madian

The Brattle Group ( email )

44 Brattle Street
3rd Floor
Cambridge, MA 02138-3736
United States

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