TECHNO-ECONOMIC ANALYSIS (TEA) OF RENEWABLE ENERGY-BASED EV CHARGING STATION LOAD
Authors
Gangurde Sagar Namdev, Ghangale Rutik Rajendra, Jadhav Aadinath Rajaram, Narwade Vaibhav Dilip, Dr. Yaziqul Yaquin
DOI:
Abstract
The need for effective and sustainable charging infrastructure has grown due to the electric vehicle (EV) market's ex plosive expansion. Conventional grid-based charging stations indirectly add to carbon emissions and put more strain on the utility system. As a result, combining renewable energy sources like solar photovoltaic (SPV), wind turbines (WT), and battery energy storage systems (BESS) with EV charging stations has shown to be a practical option. This project uses MATLAB/Simulink ideas and research-based analysis to give a techno-economic study of an EV charging station load based on renewable energy. Battery stor age, wind turbines, and SPV panels make up the suggested system. converters, and EV charging loads connected with the utility grid. The study analyzes load demand, renewable energy generation, system sizing, battery operation, and cost evaluation parameter s such as Total Net Present Cost (TNPC), Levelized Cost of Energy (LCOE), and payback period. The proposed renewable-based charging station reduces dependency on conventional fossil fuel-based electricity generation and improves environmental sustainability. The study concludes that renewable energy integrated EV charging stations are technically feasible, economically viable, and environmentally beneficial for future transportation infrastructure.