COST OPTIMIZATION AND ENERGY MANAGEMENT OF RENEWABLE ENERGY EMPOWERED CHARGING STATION FOR EV

Abstract

The rapid growth of electric vehicles (EVs) in recent years has necessitated the development of efficient and sustainable charging infrastructure. Solar Photovoltaic (PV) integrated charging stations offer a promising solution by combining the renewable energy generation capabilities of solar PV with the charging requirements of EVs. This abstract explores the concept, benefits, and challenges associated with solar PV integrated charging stations. Solar PV integrated charging stations harness solar energy through the deployment of photovoltaic panels, which convert sunlight into electricity. The g enerated solar power is utilized to charge electric vehicles directly or stored in energy storage systems, such as batteries, for later use. By relying on clean and abundant solar energy, these charging stations significantly reduce greenhouse gas emissions and dependence on fossil fuels, contributing to a more sustainable and environmentally friendly transportation sector. The integration of solar PV with charging infrastructure offers several benefits. Firstly, it enables the use of renewable energy, reducing the carbon footprint associated with EV charging. Secondly, it enhances grid resiliency and reliability by decentralizing power generation and reducing strain on the electrical grid during peak charging periods. Additionally, solar PV charging stations can be deployed in remote areas where grid connection is challenging, providing access to clean transportation options. Moreover, solar PV systems can offer cost savings by offsetting the electricity demand for charging EVs. Despite these advantages, solar PV integrated charging stations face certain challenges. The intermittent nature of solar energy generation necessitates the use of energy storage systems to ensure reliable charging availability, particularly during periods of low solar irradiation. Additionally, the integration of PV systems with EV charging infrastructure requires careful planning, including considerations such as optimal siting, system sizing, and grid interconnection. Furthermore, the upfront costs of installing solar PV panels and energy storage systems remain a significant barrier to widespread adoption.