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Utility Diveabout 1 month ago

Managed EV charging can save utilities and ratepayers money: report

Key Takeaway

Managed EV charging offers a dual benefit of significant cost savings for EV owners and deferred infrastructure investment for utilities, creating new demand-side management opportunities.

AI Summary

  • Managed EV charging can reduce per-vehicle charging costs by 25% or more for consumers and large fleet operators.
  • Utilities can delay costly distribution grid upgrades by optimizing EV charging around peak times.
  • This creates opportunities for developers in smart charging solutions, grid services, and demand response programs.
  • Large power consumers, such as datacenters, with EV fleets can achieve significant operational savings through managed charging strategies.

Topics

datacenterpolicytransmission