LCOC (Levelized Cost of Light-Duty EV Charging Calculator)

RESOURCE

Abstract

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.
Developers:
Borlaug, Brennan [1] Muratori, Matteo [1]
  1. National Renewable Energy Lab. (NREL), Golden, CO (United States)
Release Date:
2021-04-13
Project Type:
Open Source, Publicly Available Repository
Software Type:
Scientific
Programming Languages:
Python
Jupyter Notebook
Python
Licenses:
BSD 3-clause "New" or "Revised" License
Sponsoring Org.:
Code ID:
70286
Site Accession Number:
NREL SWR-21-67
Research Org.:
National Renewable Energy Laboratory (NREL), Golden, CO (United States)
Country of Origin:
United States

RESOURCE

Citation Formats

Borlaug, Brennan, and Muratori, Matteo. LCOC (Levelized Cost of Light-Duty EV Charging Calculator). Computer Software. https://github.com/NREL/lcoc-ldevs. USDOE Office of Energy Efficiency and Renewable Energy (EERE), Transportation Office. Vehicle Technologies Office. 13 Apr. 2021. Web. doi:10.11578/dc.20220222.2.
Borlaug, Brennan, & Muratori, Matteo. (2021, April 13). LCOC (Levelized Cost of Light-Duty EV Charging Calculator). [Computer software]. https://github.com/NREL/lcoc-ldevs. https://doi.org/10.11578/dc.20220222.2.
Borlaug, Brennan, and Muratori, Matteo. "LCOC (Levelized Cost of Light-Duty EV Charging Calculator)." Computer software. April 13, 2021. https://github.com/NREL/lcoc-ldevs. https://doi.org/10.11578/dc.20220222.2.
@misc{ doecode_70286,
title = {LCOC (Levelized Cost of Light-Duty EV Charging Calculator)},
author = {Borlaug, Brennan and Muratori, Matteo},
abstractNote = {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.},
doi = {10.11578/dc.20220222.2},
url = {https://doi.org/10.11578/dc.20220222.2},
howpublished = {[Computer Software] \url{https://doi.org/10.11578/dc.20220222.2}},
year = {2021},
month = {apr}
}