Automakers are beginning to offer vehicles with much longer electric ranges, which is increasing the need for an expansive fast charging infrastructure. For this breakout session, participants will explore the role of public finance programs, such as public-private partnerships, green infrastructure banks, ESCOs for transportation, State Infrastructure Banks, etc., in helping to finance a major corridor project in the Northeast United States. Breakout groups will focus on different market conditions as defined below, and participants will apply innovative financing models, and any additional ideas, to address the market conditions.
Objective: Identify methods to leverage existing public finance programs to electrify a major corridor in the next five years.
EV Charging Financial Analysis Tool
The EV Charging Financial Analysis Tool equips users with critical information on the financial performance of electric vehicle charging projects. The Microsoft Excel-based tool is capable of evaluating a variety of business arrangements, including sophisticated public-private partnerships. The tool uses the discounted cash flow method to evaluate the financial performance of a charging project through a variety of revenue streams over the lifetime of the charging equipment. The tool is highly flexible, with over 100 inputs and supports customizable sensitivity variables.
The tool was originally developed by the Cadmus Group in partnership with the Center for Climate and Energy Solutions for as part of a study commissioned by the Washington State Legislature’s Joint Transportation Committee to identify business models for financially sustainable, private-sector funded charging networks.
Atlas Public Policy completed all updates to the tool for version 2.0.