The Transportation Grid: How utilities can drive the future of transport | Utility Dive

The average car’s idleness presents an opportunity to use price signals to encourage charging during off-peak hours. Several studies have found that, by using time of use pricing for EV charging stations, utilities can get owners to charge their vehicles during periods of low power demand. The benefits of such price signals are substantial: When EVs are charged off peak, consumers face lower energy prices, and utilities increase revenues without the need to invest in new grid or generating capacity.

Source: The Transportation Grid: How utilities can drive the future of transport | Utility Dive

Leave a comment

Your email address will not be published.

*