Conference paper
Cost-Benefit Analysis of a Novel DC Fast-Charging Station with a Local Battery Storage for EVs
The increasing penetration of Electric Vehicles (EVs) and their charging systems is representing new highpower consumption loads for the distribution system operators (DSOs). To solve the problem of the EV range in terms of driving kilometers, the car manufacturers have invested resources on new EV models by increasing the size of the batteries.
To satisfy EV load demand of the new EV models in urban areas the public DC Fast-Charging Station (DCFCS) is indispensable to recharge EVs rapidly. The introduction of the Battery Energy Storage within the DCFCSs is considered in this paper an alternative solution to reduce the operational costs of the charging stations as well as the ability to mitigate negative impacts during the congestion on the power grids.
An accurate description of the DCFCS and its design system, which is able to decouple the peak load demand caused by EVs on the main grid and decrease the connection fees. Finally, an economic evaluation is done to evaluate the feasibility and the cost-benefit analysis (CBA) of the DCFCSs. The proposed approach considers various technical and economic issues, such as cost of installation, connection fees and life cycle cost of the batteries.
The proposed cost-benefit analysis can be used to verify the effectiveness and applicability of DCFCS in large scale.
Language: | English |
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Publisher: | IEEE |
Year: | 2017 |
Pages: | 1-6 |
Proceedings: | 52nd International Universities' Power Engineering Conference |
ISBN: | 1538623447 , 1538623455 , 9781538623442 and 9781538623459 |
Types: | Conference paper |
DOI: | 10.1109/UPEC.2017.8231973 |
ORCIDs: | Gjelaj, Marjan , Træholt, Chresten , Hashemi Toghroljerdi, Seyedmostafa and Andersen, Peter Bach |
Battery energy storage Cost-benefit analysis Electric vehicles Fast charging station Market design SDG 11 - Sustainable Cities and Communities
Batteries Battery Energy Storage Charging stations Cost benefit analysis DCFCS DSOs EV load demand EV models Investment Standards Urban areas battery powered vehicles battery storage plants charging systems cost-benefit analysis design system distributed power generation distribution system operators economic evaluation electric vehicle charging electric vehicles fast charging station high-power consumption loads local battery storage market design novel DC fast-charging station operational cost reduction peak load demand power consumption power generation economics power grids