Car sharing research wins European Energy Exchange Award

Dr Micha Kahlen, PhD graduate from Rotterdam School of Management, Erasmus University (RSM), has won the 2017 European Energy Exchange (EEX) award for his doctoral thesis about car sharing. The award ceremony took place at the EEX autumn reception in Brussels on 12 October 2017.

The EEX Award honours outstanding research papers that deal with current political, regulatory, technical or economic questions in the fields of energy and agricultural products as well as exchange trading of both. The focus can also be on subjects of sustainability.

Sustainability and economical aspects

Kahlen believes his thesis won because of the balance between sustainability and economical aspects, in addition to the new technologies of electrical cars. His research reveals how car-sharing rental companies and organisations like Uber can be more profitable by anticipating the demand for rentals and offering the storage of the electric vehicles that are idle as virtual power plants to the electricity grid.

His model can also help such companies deploy the vehicles better throughout a city, resulting in customers being helped quicker and fewer cars being deployed.

Integration with energy system

“I’m extremely happy with this award,” says Kahlen. “It highlights the importance of the topic of electric vehicles and their integration with the energy system.”

The EEX Award consists of € 1,000 prize money as well as a training to become a certified EEX Trader. Kahlen said he is very grateful to have had the opportunity to participate in the exchange trader course. “It gave me an even better understanding of energy system in general and trading specifically,” he said.

Read Kahlen’s research on how virtual power plants of electric vehicles make car sharing more profitable on  RSM Discovery.

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