Title :
Economic Analysis of Electric Vehicle Supply Equipments - A Utility´s Perspective
Author :
Mahani, Khashayar ; Jafari, Mohsen A. ; Dong Wei
Author_Institution :
Corp. Technol., Siemens Corp., Princeton, NJ, USA
Abstract :
This paper presents a holistic approach to cost and benefit analysis of smart grid enabled Electrical Vehicle Supply Equipment (EVSEs) from a utility point of view, including lifecycle cost of ownership, risks and expected penalties due to high load stress on distribution network. It provides methodology for comparative analysis of different residential EVSE technologies. A total of five alternatives are presented and compared according to their lifecycle costs. In all cases, the annualized cost is calculated. Optimal lease values are also formulated.
Keywords :
cost-benefit analysis; electric vehicles; life cycle costing; load management; power distribution economics; smart power grids; cost and benefit analysis; distribution network; economic analysis; electric vehicle supply equipment; lifecycle cost; load stress; optimal lease value; residential EVSE technology; smart grid; Cooling; Electricity; Heating; Intelligent control; Investment; Maintenance engineering; Vehicles;
Conference_Titel :
Electric Vehicle Conference (IEVC), 2013 IEEE International
Conference_Location :
Santa Clara, CA
DOI :
10.1109/IEVC.2013.6681142
