Green charged decision-making : how two-part remuneration, contract flexibility, and environmental nudging drive vehicle-to-grid participation
authors: Meike Vey, Nils Namockel, Oliver Ruhnau
Electric mobility and renewable energy play key roles in the global energy transition. In this context, vehicle- to-grid technology, which enables bidirectional energy ŕow between electric vehicles and the grid, could make electric vehicles usable as energy storage units, thus supporting grid stability and integration of renewable energy. However, the willingness of electric vehicle owners to participate in vehicle-to-grid contracts remains insufficiently understood, particularly regarding how they respond to speciőc contract attributes. This paper addresses this gap by conducting a discrete choice experiment to evaluate the preferences of current and potential future German electric vehicle drivers for various vehicle-to-grid contract alternatives. We őnd that cycle-based remuneration, ŕexible contract duration, and environmental nudging signiőcantly enhance consumer acceptance. Conversely, a lower guaranteed battery level and longer minimum plug-in durations negatively impact participation. We also test how respondent characteristics inŕuence participation and identify income-dependent preferences, such as lower-income individuals attributing a stronger preference to őxed daily payments than higher-income individuals. Our differentiated őndings may be used to improve contract designs and marketing efforts to address the unique V2G preferences of various user segments.
Year of publication: |
[2025]
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Authors: | Vey, Meike ; Namockel, Nils ; Ruhnau, Oliver |
Publisher: |
Köln, Germany : Institute of Energy Economics at the University of Cologne (EWI) |
Subject: | Vehicle-to-grid | Discrete choice experiment | Willingness to accept | Preferences | Bidirectional charging | Diskrete Entscheidung | Discrete choice | Zahlungsbereitschaftsanalyse | Willingness to pay | Experiment | Entscheidung | Decision | Präferenztheorie | Theory of preferences | Umweltschutz | Environmental protection | Konsumentenverhalten | Consumer behaviour | Gebühr | Charges |
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