A BUSINESS MODEL FOR AN EV CHARGING STATION WITH BATTERY ENERGY STORAGE

High power ultra-fast charging stations are required to sustain massive diffusion of electric vehicles. We propose a business model for a charging station with a stationary Li-ion battery pack to alleviate both the high cost of power charges and grid investment. The model accounts for both the energy storage system cost and capacity fade of the batteries. Moreover, we suggest routines for optimizing the economic performance.