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Interconnected and Complex Electric Power and Transportation Systems: a SWOT Analysis

  • Energy Market (R Sioshansi and A Mousavian, Section Editors)
  • Published:
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Abstract

Purpose of Review

This paper provides a SWOT analysis of the Interdependent and Complex Electric Power and Transportation Systems (INTERCEPTS). The SWOT analysis is conducted to highlight the strengths, weaknesses, opportunities, and threats for the safe, secure, and successful implementation and operations of the INTERCEPTS.

Recent Findings

The INTERCEPTS stakeholders need to take advantage of the existing strengths such as the state-of-the-art technology for energy storage and V2G and public awareness on climate change to take advantage of the opportunities such as modern business models for market participants and plan accordingly to eliminate the weaknesses and threats for safe and secure operations of the INTERCEPTS.

Summary

EVs have shown great potential to reduce the green gas emission and fossil fuel usage. The bidirectional flow of energy provided by the Vehicle to Grid (V2G) technology strengthens the renewable energy sources adaption and creates numerous benefits such as grid stability, peak load management, and cost-saving for the stakeholders and market participants. However, the integration of large-scale EVs to the power grid increases the load substantially and may make the power grid exposes to some threats such as overloaded lines or even cyberattacks. The SWOT analysis provides insights for the decision makers of the INTERCEPTS and market participants and puts more emphasis on thoughtful planning and preparedness before full integration of the electric power and transportation systems.

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Authors and Affiliations

  1. Department of Electrical and Computer Engineering, Clarkson University, 8 Clarkson Avenue, Potsdam, NY, 13699-5790, USA

    Beheshteh Raouf

  2. David D. Reh School of Business, Clarkson University, 8 Clarkson Avenue, Potsdam, NY, 13699-5790, USA

    Seyedamirabbas Mousavian

  3. Center for Criminal Justice, Intelligence and Cybersecurity, State University of New York at Canton, 34 Cornell Dr, Canton, NY, 13617, USA

    Kambiz Ghazinour

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  1. Beheshteh Raouf
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  2. Seyedamirabbas Mousavian
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  3. Kambiz Ghazinour
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Raouf, B., Mousavian, S. & Ghazinour, K. Interconnected and Complex Electric Power and Transportation Systems: a SWOT Analysis. Curr Sustainable Renewable Energy Rep 8, 207–221 (2021). https://doi.org/10.1007/s40518-021-00193-5

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