Techno-Economic Analysis of Grid-Connected Highway Solar EV Charging Station
Dongguen Eom, Ji-Hwan Choi, Junseok Song, Byunghwa Park, Sung Jae Kim, Sangwook Park
Abstract
Abstract Solar electric vehicle (EV) charging stations offer a promising solution to an environmental issue related to EVs by supplying eco-friendly electricity. Herein, we designed and analyzed a grid-connected highway solar EV charging station for 2022, 2030, and 2050 under two scenarios: Current policy scenario with restricted grid sales and policy mitigation scenario allowing grid sale. Future systems consider changes in EV charging station, grid CO 2 emissions, carbon prices, and renewable costs. In 2022, high PV and battery costs led to a grid-only system. By 2030 and 2050, significant reductions in PV costs enabled systems with substantial PV capacity, especially under the policy mitigation scenario. Economic analysis showed that enabling grid sales reduces net present cost (NPC) by 40% in 2030 and 35% in 2050 compared to the current policy scenario, with significantly lower levelized cost of energy. CO 2 emissions from EV operation are projected to be 44% and 3% of 2022 levels by 2030 and 2050, respectively. The policy mitigation scenario further reduces CO 2 emissions by 22% in 2030 and 25% in 2050 compared to the current policy scenario. Sensitivity analyses reveal that increased grid sale capacity leads to higher renewable penetration and lower NPC but also increased grid congestion, highlighting the need for efficient grid management. Policymakers should consider revising regulations to support higher PV penetration and manage grid congestion. This study supports the transition to renewable systems and underscores the importance of policy measures in achieving sustainable energy goals.