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Exploring the Financial Potential of Vehicle-to-Grid for Private EV Owners

For his bachelor graduation project at HAN Automotive Research, Pjotr Wesseling investigated whether Vehicle-to-Grid (V2G) is financially attractive for private EV owners in the Netherlands.

His central research question:
“How financially attractive is Vehicle-to-Grid (V2G) technology for private individuals who can install a bidirectional charging station, and is there interest in this technology?”

To answer this, Pjotr developed a simulation tool that estimates the potential savings of V2G using real-life, situation-dependent variables such as:

  • Vehicle availability

  • Solar panel generation

  • Household energy consumption

He also conducted interviews and a survey to gauge public interest in adopting V2G technology.

The results show that V2G can be financially beneficial, especially when:

  • The EV is often parked at home

  • Sufficient solar panels are available

  • A dynamic energy contract is used

In these conditions, users can reduce energy costs, increase sustainability, and boost their energy independence.

You can try the tool (in Dutch) here:
v2g-simulator-2024.streamlit.app

The code and data are also available on GitHub:
github.com/pjotr1111/V2G-simulator-2024