Market Potentials of Additional Services Offered at Fast Charging Stations for E-Vehicles

Philipp Freese, Paul Fabianek and Reinhard Madlener
Additional contact information
Philipp Freese: philipp.freese@rwth-aachen.de
Paul Fabianek: paul.fabianek@eonerc.rwth-aachen.de

No No. 5/2024, FCN Working Papers from E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN)

Abstract: Value added services at public fast charging stations may offer charge point operators a way to increase demand and improve economic viability beyond charging speed and price. Based on expert interviews, we identify relevant service options and evaluate user preferences through a choice based conjoint study among electric vehicle users in Germany. Users show positive willingness to pay for several service attributes, with the highest values for toilets, roofs, and vending machines. Specifically, willingness to pay amounts to 0.0984 €/kWh for toilets, 0.0549 €/kWh for roofs, and 0.0438 €/kWh for vending machines. Combining these estimates with cost assumptions allows us to assess which services are economically viable from an operator perspective. Overall, selected value-added services can improve the attractiveness and profitability of highway fast charging stations, but their viability depends on service type, investment costs, and expected utilization. The results provide practical guidance for charge point operators seeking to differentiate charging locations beyond charging speed and price.

Keywords: Charging infrastructure; Electric mobility; Value-added services; High-power charging; Fast-charging (search for similar items in EconPapers)
JEL-codes: D12 Q42 R41 (search for similar items in EconPapers)
Pages: 35
Date: 2024-05-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.fcn.eonerc.rwth-aachen.de/global/show_ ... p?id=aaaaaaaadnvbcxd
https://www.fcn.eonerc.rwth-aachen.de/global/show_ ... p?id=aaaaaaaadnvbcxd

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:fcnwpa:022569

Access Statistics for this paper

More papers in FCN Working Papers from E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN) Contact information at EDIRC.
Bibliographic data for series maintained by Rahil dejkam ().