Document de travail

Equilibrium Effects in Complementary Markets: Electric Vehicle Adoption and Electricity Pricing

Pascal Heid, Kevin Remmy et Mathias Reynaert

Résumé

Electric vehicles shift passenger transport from oil to electricity, linking vehicle adoption to hourly power-market conditions. We develop and estimate a joint equilibrium model of German vehicle demand and electricity supply in which driver-specific charging decisions map travel profiles and electricity prices into EV operating costs and load. A 10% EV stock raises wholesale prices by 3.3%, creating sizable cost spillovers on non-EV electricity users, but reduces EV adoption by less than 1%. Time-varying tariffs lower charging costs and shift load to cheaper hours; in equilibrium, EV adoption offsets much of the system-cost relief while redirecting generator profits toward renewables.

Mots-clés

Electric vehicles; electricity markets; charging; complementary markets;

Codes JEL

  • L5: Regulation and Industrial Policy
  • L6: Industry Studies: Manufacturing
  • L9: Industry Studies: Transportation and Utilities
  • Q4: Energy
  • Q5: Environmental Economics

Référence

Pascal Heid, Kevin Remmy et Mathias Reynaert, « Equilibrium Effects in Complementary Markets: Electric Vehicle Adoption and Electricity Pricing », TSE Working Paper, n° 24-1589, octobre 2024, révision mai 2026.

Voir aussi

Publié dans

TSE Working Paper, n° 24-1589, octobre 2024, révision mai 2026