Impact of battery swapping stations on EV adoption and its contribution to peak load management

Integration of Battery Swapping Station (BSS) in emobility pose a huge potential to EV adoption along with the possibility of improving load factor for the utility. In this direction, several optimization algorithms and models have been developed on BSS, and its impact is studied on the possible revenue generation by allowing the battery charging stake to be used as energy storage optimized for the grid requirement. The algorithms consider the range of constraints while optimizing the battery life and charging cost. This paper presents consolidated overview of recent developments in the BSS with its futuristic perspectives on peak management.