Assessing The Impact of Electric Vehicle Charging on Power Procurement Costs: Implications for India's Energy Utilities

Abstract

Electric transportation is still in its infancy in India. The electrical industry is at the intersection of this potential market upheaval. While increased energy sales from electric vehicle (EV) charging e.may assist an electricity distribution company boost income, charging demand may exacerbate the service area's peak load and have an impact on the distribution utility's power procurement costs. As a result, it's critical to assess the increased power demand resulting from EV adoption, as well as its potential pattern and contribution to base and peak load.This would allow DISCOMs to efficiently run their distribution networks and State Power Regulatory Commissions to use suitable mechanisms to minimize any negative impact on electricity supply. This study calculates the influence of EV charging on the cost of power procurement for energy utilities in a state by modeling the peak and off-peak contributions. The study discovered that charging electric vehicles boosts energy use from 12 to 6 a.m. The amount of EVs that might possibly affect the average cost of supply differs between DISCOMs, according to the report.