Innovations
Vol. 12 (2024), Issue 1, pg(s) 17-21

INNOVATION POLICY AND INNOVATION MANAGEMENT

Positioning a holistic approach for integration of renewable energy powered charging stations into a nationwide electrical power distribution system

  • 1 University of Montenegro, Montenegro
  • 2 King's College, London, United Kingdom
  • 3 Montenegrin Pan-European Union, Montenegro
  • 4 Igor Milošević

Abstract

This paper explores various models of integrating independent Electric Vehicle Charging Stations (EVCSs) into Montenegro’s electricity distribution system (EDS) and energy market. It examines different possibilities by applying a multidisciplinary approach to the EDS integration coupled with market frameworks to form a novel holistic perspective for participations and influences of various stakeholders. The primary goal is to envisage and achieve a more efficient integration of different prosumers models that own and engage independent EVCSs with photovoltaic systems into the EDS and transport infrastructure. This approach is aimed at reducing CO2 emissions, promoting electromobility, engagement of citizens, and facilitating distributed renewable electricity generation at the point of consumption. Through the analysis of each of the three identified prosumer models, we give specifics of the integration within the grid, solar energy exploitation potentials, practical options for energy provisioning during and outside sunny periods etc. Economic, legal, and technical implications are integrated, and recommendations are provided using economic modelling and game theory formulations between the relevant actors and within regulatory provisions to optimize electric mobility in Montenegro.

Keywords

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