How Will the Grid Need to Be Updated to Make the Roll Out of Electric Vehicles Viable?

 

Key Points:

  • Ways of increasing generation of electricity and capacity need to be increased to help take on the demand electric demand EVs could present.
  • Places where the grid needs to be managed have to be identified so they can handle EVs when they become more popular.
  • Batteries on the if constraints allows to discharge batteries and use that as a back up on the network

Commentary:

Electric vehicles are becoming more common across the United States. According to Pewresearch, in 2020 nearly 1.8 million EVs were registered which is three times as many as there were in 2016. But what does the future hold if more drivers are utilizing EVs and what sort of impacts could that have on our current grid structure. MarketScale asked Andy Bennett who is Chief Executive Officer at mPrest what sort of updates need to be made to the grid before it is able to handle that type of demand.

More Stories Like This:

Here’s How Renewable Energies Change an Energy Grid

Will Car Makers Shifting to EV Production Create More Jobs?

Follow us on social media for the latest updates in B2B!

Latest

Predicting Consumer Behavior to Make Retail Smarter
November 30, 2022

Retail has always been a gamble. What if it didn’t have to be a risk? Retailers are eager to understand consumer behavior and desires before committing to inventory. As expectations for environmentally conscious business practices, retailers are steering away from waste. First Insight helps businesses reach sustainability goals and accurately forecast consumer behavior. How […]

Read More
Improving Financing and Reimbursement Options for Patients and Providers
November 30, 2022

Do you ever think about just how much surgical procedures cost? Well, for the uninsured patient, they can be upwards of a whopping 35 thousand dollars. And for those who are insured, even paying a chunk of that change is sure to make a dent in the wallet.   Since not many individuals will pay […]

Read More
Improving Financing and Reimbursement Options for Patients and Providers
November 30, 2022

Do you ever think about just how much surgical procedures cost? Well, for the uninsured patient, they can be upwards of a whopping 35 thousand dollars. And for those who are insured, even paying a chunk of that change is sure to make a dent in the wallet. Since not many individuals will pay a […]

Read More