www.dream-go.ipp.pt 63 Simulation of consumers and markets towards real time demand response First DREAM-GO Workshop Institute of Engineering - Polytechnic of Porto, Porto, Portugal, April 6-7, 2016 Current status and new business models for electric vehicles demand response design in smart grids João Soares a , Zita Vale a , Nuno Borges a , a IPP - Instituto Politécnico do Porto, Portugal Abstract Global electric vehicles sales increased about 10 times from 2011, reaching more than 1 million vehicles in roads by 2015. This number is very likely to increase at a steady pace as more models are made available and battery technology improves and costs decrease. It is recognized that the electric vehicles mass integration will imply more complexity to the operation and planning tasks of power systems, but also allow additional opportunities. Indeed, demand response can play a major role to integrate electric vehicles in the future smart grid. This paper discusses the current initiatives from the retailing business in Portugal, Spain and Germany to deal with electric vehicles integration and discusses some new demand response models shaped for the smart grid that can be the new business model of tomorrow energy providers. Currently, the electric vehicles demand response measures adopted by the industry are very limited, mostly offering time of use tariffs with a discount rate. Keywords: demand response, electric vehicle, smart grid, tariffs 1. Introduction During the last years, a growing number of Smart Grid (SG) initiatives has been rolled out. In fact, 459 SG projects have been funded in Europe from 2002 to 2014, with a total investment of €3.15 billion investments, both public and private [1]. Several demonstration and deployment projects have started in this field and rollout of smart metering is increasing over time. Research and development activities in some related topics, such as aggregation models and vehicle-to-grid concepts are also going on [2,3]. In the meantime, Electric Vehicles (EVs) sales have been steadily increasing since 2011, with the pure electrics capturing 62% of sales by mid-September 2015 [4]. In Norway the market share astoundingly surpassed 22% by the end of 2015, increasing from 6% in 2013 [5]. In Germany the acceptance is being much slower