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IntroductionThe integration of electric vehicles (EVs) into the power network challenges the 1) grid capacity, 2) stability, and 3) management. This is due to the 1) increased peak demand, 2) infrastructure strain, and 3) intermittent charging patterns. Previous studies lack comprehensive integration of renewable energy and battery storage with EV charging.MethodsTo address these challenges, this study explores the effectiveness of incorporating renewable energy resources (RERs) and battery energy storage systems (BESS) alongside the traditional grid. The proposed study utilizes the HOMER Grid® and conducted a comprehensive analysis.ResultsThe proposed study compares two grid integrated scenarios: 1) Case-1 (grid and photovoltaic (PV) systems), and 2) Case-2 (grid, PV systems, and BESS). Both these scenarios are compared against a Base case relying solely on grid power. The evaluation employed techno-economic analysis while focusing on 1) net present cost (NPC), 2) cost of energy, and 3) annualized savings. Additionally, the proposed study analyzed 4) seasonal variations in EV charging demand, 5) grid interactions, 6) PV production, and 7) the operation of BESS in both summer and winter. The comparative analysis reveals that the Base case incurs a net present cost (NPC) of $546,977 and a cost of energy (COE) of $0.354 per kWh. In contrast, Case-1, which integrates a 100 kW PV system, shows a significantly lower NPC of -$122,962 and a reduced COE of -$0.043 per kWh, with annualized savings of $61,492. Case-2, incorporating both the 100 kW PV system and a BESS with a capacity of 9.8 kWh, has a higher NPC of $309,667 but a COE of $0.112 per kWh and provides annual savings of $51,233 compared to the Base case.DiscussionSeasonal analysis highlights that Case-2 achieves the lowest carbon emissions in summer, ranging from 2.0 to 2.5 tons, while Case-1 shows the lowest emissions in winter, ranging from 3.2 to 3.4 tons. This model 1) reduces operational costs, 2) minimizes carbon emissions, while 3) making it compelling for future energy systems in increasing EV adoption. |