A fast and efficient charging infrastructure has become indispensable in the evolving energy landscape and thriving electric vehicle (EV) market. Irrespective of the charging stations’ internal alternating current (AC) or direct current (DC) bus configurations, the main concern is the exponential growth in charging demands, resulting in network congestion issues. In the context of exponential EV growth and the provision of charging facilities from low-voltage distribution networks, the distribution network may require frequent upgrades to meet the rising charging demands. To avoid network congestion problems and minimize operational expenses (OE) by integrating energy storage systems (ESS) into ultra-fast charging stations (UFCS). This paper presents a techno-economic analysis of a UFCS equipped with a battery ESS (BESS). To reduce reliance on the electric grid and minimize OE, a dual-objective optimization problem is formulated and solved via grid search and dual-simplex algorithms. Analytical energy and physical BESS models are employed to evaluate the optimization matrices. The intricacies of BESS aging are examined to ensure an optimal BESS size with a more extensive lifespan than the corresponding payback period. The integrated BESS significantly reduced reliance on the grid to tackle network congestion while fulfilling charging demands. The dynamic pricing (DP) structure has proven more favorable, as the average per unit cost remains lower than the static tariff (ST). Results illustrate that integrating BESS reduces the OE and peak-to-average ratio (PAR) by 5-to-49% and 16-to-73%, respectively. Moreover, the combination of 70% BESS and 30% grid capacities outperforms the other configurations with a 73% reduction in PAR and a 49% reduction in OE before BESS reaches the end-of-life.

The emphasis on clean and green technologies to curtail greenhouse gas emissions due to fossil fuel-based economies has originated the shift towards electric mobility. As on-road electric vehicles (EVs) have shown exponential growth over the last decade, so have the charging demands. The provision of charging facilities from the low-voltage network will not only increase the distribution system's complexity and dynamics but will also challenge its operational capabilities, and large-scale upgrades will be required to meet the inevitably increasing charging demands. An ultra-fast (UF) charging infrastructure that replicates the gasoline refueling network is urgently needed to facilitate a seamless transition to EVs and ensure smooth operation. This paper presents a review of state-of-the-art DC fast chargers, the charging infrastructure's current status, motivation, and challenges for medium-voltage (MV) UF charging stations (UFCS). Furthermore, we consider the possible UFCS architectures and suitable power electronics topologies for UF charging applications. To address the peak formation issues in the daily load profile and high operational expenses of UFCSs, integration of renewable energy sources and energy storage systems due to their technological and economic benefits is being considered. The benefits of line frequency transformer (LFT) replacement with a solid-state transformer (SST), SST models, SST-based UF chargers, and MV SST-based UFCS architectures, as well as related MV active front-end and back-end power electronics topologies, are presented. Finally, the application of microgrids' hierarchical control architecture is considered for chargers and system-level control and management of UFCSs.