Evaluation of ground energy storage assisted electric vehicle DC fast charger for demand charge reduction and providing demand response

Depending on the utility rate structure, a DC fast charger can experience annual demand charges of several thousand dollars. Therefore in these cases there is an opportunity to mitigate or even avoid the demand charges incurred by coupling the unit with an appropriately sized energy storage system and coordinating the way in which it integrates. This paper explores the technical and economical suitability of coupling a ground energy storage system with a DC fast charge unit for mitigation or avoidance of demand charges and lessening the impact on the local electricity network. This paper also discusses the concept of having the system participate in demand response programs in order to provide grid support and to further improve the economic suitability of an energy storage system.