A Comprehensive Methodology for Assessing the Economic Viability of EV Charging Infrastructure in Brazil
This study proposes a comprehensive methodology to assess the economic viability of electric vehicle (EV) charging infrastructure projects in Brazil, specifically targeting connections with a capacity of up to 112.5 kW, which are subject to flat electricity tariffs. The methodology employs a novel EV energy consumption model, integrates the regulatory framework of net metering and relevant tax considerations, explores the potential cost-saving benefits of photovoltaic (PV) system integration, and utilizes key economic indicators like Net Present Value and Discounted Payback Time to quantify project profitability. By accounting for a set of EV demand scenarios (low, moderate, and high), the methodology provides a multifaceted assessment of project viability. A case study demonstrates the methodology's application, highlighting the potential economic benefits of such investments. The results suggest that the minimum charging service fee required for economic viability ranges from 0.17 to 0.29 USD/kWh, with a clear cost advantage associated with PV integration observed across all scenarios.
Authors
- Daywes Pinheiro Neto (ORCID: https://orcid.org/0000-0003-3514-2423)
- Pedro Moura (ORCID: https://orcid.org/0000-0003-4852-2812)
- Tony Almeida (ORCID: https://orcid.org/0000-0002-7278-6677)
- Anı́bal T. de Almeida (ORCID: https://orcid.org/0000-0002-3641-5174)
- A. Paulo Coimbra (ORCID: https://orcid.org/0000-0003-3780-2405)
- Alana da Silva Magalhães (ORCID: https://orcid.org/0000-0003-2027-1783)
- Rayana Loch Gomes (ORCID: https://orcid.org/0000-0002-9943-5981)
- Letícia C. Ucker
Institutions
- Institute for Systems Engineering and Computers (PT)
- University of Coimbra (PT)
Publication Details
- Published
- 2024-12-04
- DOI
- https://doi.org/10.1109/spies63782.2024.10983428
- Citations
- 2
- Primary Topic
- Electric Vehicles and Infrastructure
- Type
- article
- Field-Weighted Citation Impact
- 0.42