Device Configuration and Investment Decision-Making of Fast Charging Station

Wen Xia Liu; Liu Liu; Shang Yuan Li; Bing Lu

doi:10.4028/www.scientific.net/AMM.291-294.866

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 291-294Device Configuration and Investment...

Device Configuration and Investment Decision-Making of Fast Charging Station

Abstract:

This paper describe an approach to optimize the economy of electric vehicles’fast charging station investment with service satisfaction be constraints. An optimized model is proposed to study the relationship between the number of charge devices and economy of investment, which is based on the internal rate of return. Some service index like the queuing time and queuing length based on queuing theory are calculated to make sure the result reasonable and attainable for both investors and customers. At last, an example based on a conventional traffic flow and service intensity is simulated on Matlab to prove the effectiveness of the model.

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Periodical:

Applied Mechanics and Materials (Volumes 291-294)

Pages:

866-871

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.291-294.866

Citation:

Cite this paper

Online since:

February 2013

Authors:

Wen Xia Liu, Liu Liu, Shang Yuan Li, Bing Lu

Keywords:

Device Configuration Investment, Fast Charging Station, Internal Rate of Return, Queuing Theory

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