The relationship between battery swap stations and energy storage stations

What is battery swapping station (BSS)?

Battery Swapping Station (BSS) proposes an alternative way of refueling Electric Vehicles (EVs) that can lead towards a sustainable transportation ecosystem. BSS has significant potential to function as a grid scale energy storage. This paper provides a broad review of relation of BSS with EVs and power grid.

How does a battery swapping station work?

The swapping station takes the fully charged batteries out of the set and returns the depleted batteries to the stack. Further, the charging station sets the prices to maximize the utility profit.

Why should you choose a battery swapping service based on location?

The optimized location of BSS lowers the cost of property rentals but also improve issues large number of users face with of the demand for battery swapping services . Optimal operation of BSS can be achieved by taking part in the day-ahead energy and reserve capacity markets. The pricing can be based on the location of BSS.

What is the difference between a charging station and a swapping station?

The swapping station takes the fully charged batteries out of the set and returns the depleted batteries to the stack. Further, the charging station sets the prices to maximize the utility profit. This results in stability in the income of both charging station and swapping station .

Why is battery life important for battery swapping stations?

The battery life is a significant factor for battery swapping stations. Particularly in lithium-ion battery life depends on factors like charge-discharge cycles, temperature variation and ageing. The research work in this area is based on the indications of the state of health or the remaining useful life.

Will EV cost decrease if all batteries are owned by BSS?

EVs cost will decrease as they won't own the battery. This ownership of the battery can be debated. The cost of investment of BSS will be much higher if all batteries are owned by BSS. Nonetheless, whoever owns the battery can earn profit through the sellback of power to the grid during the off-peak period. 12. Conclusion