Decarbonization stimulates the increased penetration of photovoltaic (PV) systems and plug-in electric vehicles (PEV) in low-voltage (LV) distribution networks. However, the individual or combined PV and PEV massive connections may incur significant economic costs for distribution utilities due to technical issues caused by these connections. This paper proposes a probabilistic approach for operational costs assessment of combined PV–PEV penetration in LV distribution networks catering to the uncertainties associated with PV, PEV and households. In addition, to identify the relationships between the technical issues with each other and the increased combined PV and PEV penetration levels, a correlation analysis is developed to help utility engineers to estimate the operational costs of combined PV and PEV connections. The proposed methodology is applied to a real Brazilian LV distribution network showing that the costs of real power losses decrease in reduced penetration levels of combined PV–PEV. However, they increase under high combined penetration levels representing financial losses to utilities. Also, operational costs related to steady-state voltage level compliance indicators increase with PV connection, and the combined PV–PEV connections have beneficial results, reducing these costs. Further, the proposed methodology can be used by utility engineers responsible for studies of LV distribution network reinforcement actions. • Proposed methodology converts technical parameters into operational costs. • Operational costs in utility’s point-of-view due to combined PV–PEV connection. • Proposed approach considering stochastic uncertainties of PV, PEV and households. • Identifies high-risk consumer units, allowing LV network reinforcements. • Proposed methodology uses technical correlation analysis and Monte Carlo Simulation.
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