Electricity is Expensive. Drivers Shouldn’t Pay For It
Controlled charging could be the key to coping with the increased demand on the grid spurred on by the push to go electric.
User behavior is hard to change.
Source: Bloomberg
With the rush to electric vehicle adoption, charging networks are being rolled out across countries, government-backing is growing and automakers are promising a host of green cars. Yet, even if all this happens, it’s worth wondering how power grids will handle the demand for all this electricity.
Given the increasing prevalence of power outages globally, I’m not so sure they can. Electricity consumption just from EVs is expected to grow over 25%1. Even if charging networks are laid out, the wiring under highways would hardly be enough. Talk to EV drivers who have attempted road trips and they’ll moan about the anxiety associated with finding charging stations. There will need to be more of these as adoption grows, and connecting grids will become even more crucial.