LCOC (Levelized Cost of Light-Duty EV Charging Calculator)
- National Renewable Energy Lab. (NREL), Golden, CO (United States)
This code was developed to calculate the levelized cost of light-duty electric vehicle (EV) charging (LCOC) for the paper "Levelized Cost of Charging Electric Vehicles in the United States" by Borlaug et al.(https://doi.org/10.1016/j.joule.2020.05.013). The calculation takes inputs from a variety of publicly available data sources (e.g., utility tariffs from the Utility Rate Database; EV charging station locations from the Alternative Fuels Data Center; energy price forecasts from the Energy Information Administration) and produces the current LCOC, considering when, where, and how light-duty EVs are recharged. In addition, the lifetime fuel cost savings (LFCS) calculation estimates the discounted fuel cost savings for a new battery EV (BEV) or plug-in hybrid EV (PHEV) over a 15-year time horizon using state-level gasoline price and LCOC projections.
- Short Name / Acronym:
- LCOC
- Project Type:
- Open Source, Publicly Available Repository
- Site Accession Number:
- NREL SWR-21-67
- Software Type:
- Scientific
- License(s):
- BSD 3-clause "New" or "Revised" License
- Programming Language(s):
- Python; Jupyter Notebook; Python
- Research Organization:
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Transportation Office. Vehicle Technologies OfficePrimary Award/Contract Number:AC36-08GO28308
- DOE Contract Number:
- AC36-08GO28308
- Code ID:
- 70286
- OSTI ID:
- 1846176
- Country of Origin:
- United States
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Levelized Cost of Charging Electric Vehicles
Energy Consumption and Cost Reduction of Future Light-Duty Vehicles through Advanced Vehicle Technologies: A Modeling Simulation Study Through 2050