The objective of the EVCHIP project is to explore and validate a business model for realising the commercial value of EV charging services aggregation. In doing so, the project team aims to create a replicable, enduring modelling capacity within the participating institutions, and to produce scalable prototype software for the integration of electric transportation in the power grid.

The project research goals are the assessment of a standard methodology to evaluate the impact of electric vehicles charging point at the distribution level and the validation of a real-time predictive algorithm for the bi-directional charging power management of the charging stations.A progressive modelling strategy has been selected to address the research issues identified by the current project

The benefits of the EVCHIP proposal are multi-fold, and include positive social, environmental, and economic impacts. Evaluating EVCHIPs social impact in particular yields two primary benefits: social engagement through execution of the project itself, and value creation on the basis of socialised behaviours in a smart energy system through validation of the underlying business model.

Wide-scale electrification of private transport will have a profound impact on the operation of the power grid, representing a challenge both for distribution system operators and large commercial energy users such as universities, hospitals, business parks and shopping centres.

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