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February 26, 2018February 26, 2018Constance Douris, M.A.

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How To Prevent Electric Vehicles From Stressing The Grid (From Forbes)

February 26, 2018February 26, 2018Constance Douris, M.A.

According to the Edison Electric Institute, seven million zero-emission vehicles will be on American roads by 2025. This could have significant impacts on the grid as charging one electric vehicle is nearly equivalent to adding three houses to the power system.

Utilities must implement rate designs to efficiently manage electricity demand. Rate structure options include demand charges, time-of-use rates and dynamic pricing. I have written a commentary on this subject for Forbes here.

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