VeCharge: Intelligent Energy Management for Electric Vehicle charging

Publication Date: 10/1/2019

Event: Charge Expo, San Diego, CA USA

Reference: pp 1-21, 2019

Authors: Chenrui Jin, NEC Laboratories America, Inc.; Ratnesh Sharma, NEC Laboratories America, Inc.; Kiyoshi Nakayama, NEC Laboratories America, Inc.; Ramin Moslemi, NEC Laboratories America, Inc.

Abstract: 2018’s 1.2 million North American charging ports will grow ten times to over 12.6 million by 2027, according to Navigant, which could overwhelm the nation’s grids. DC Fast charging requires grid upgrade to supply the new charging demand. However, since the utilization ratio of those charging station is currently low. Demand charge cost can reach up to 90% of the total bill. Combining fast charging with energy storage can mitigate grid impacts and reduce demand charges. EV specific pricing is proposed for EV charging by many energy suppliers. Without managed charging, EV owner will lose the benefit of lowering charging cost by avoiding peak hour charging or missing the period when renewable energy generation is abundant.

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