Economic Benefits of Battery Energy Storage System with Solid State Transformer Based Charging of Electric Bus

  • Dinakar Yeddu, Dr. B. Loveswara Rao

Abstract

This paper investigates the economic benefits of installing lithium-ion battery storage at an electric bus fast charging station.  The size of the energy storage as well as the maximum power outtake from the grid is optimized in order to minimize the total annual cost of the connection.The fast charging station integrated with battery energy storage system is connected to LV grid ,decreases  the yearly cost of connection .On the other hand ,grid owners want to invest in new transformers,in this case,solid state transformers ,for enhancing the grid capacity.But BESS integration ,cost wise will not be a good option to decrease the investments.  If the  power demand is high and also the bus frequency  of longer duration  on the charging station.These two factors will benefit the storage system economically.The main advantage is grid owners will receive reduced bill due to storage system.

Published
2021-10-14
How to Cite
Dinakar Yeddu, Dr. B. Loveswara Rao. (2021). Economic Benefits of Battery Energy Storage System with Solid State Transformer Based Charging of Electric Bus. Design Engineering, 4349-4357. Retrieved from http://thedesignengineering.com/index.php/DE/article/view/5395
Section
Articles