Public Utilities

A study conducted by German-based technology research firm Dalia Research found that 40% of motorists have plans to purchase electric vehicles in the next five years.According to NZ Autocar, the survey was done to some 43,000 drivers in 52 different countries.

In addition to investigating driver interest to switching to electric vehicles (EVs), the study found that in the majority of the countries included in the survey, charging infrastructure for electric vehicles is still limited to support increased adoption of EVs.

The survey notes that EVs with battery capacity able to support long distances of up to 100 miles, without the need to charge, are currently overpriced.

According to the survey, EVs garnered strong interest from Thai survey respondents, with 66% indicating that they would be interested in purchasing an EV within the next five years. China followed Thailand with 58% of its drivers planning to switch to EVs due to the country’s strict policies on carbon emissions and increase in the emergence of new technology start-ups offering new services to EV drivers.

Saudi Arabia, Mexico, the US and Germany have also shown a strong interest in purchasing an EV.

Despite Europe recording a very low rate in drivers wanting to shift to EVs, governments in the region are heavily investing in projects to ensure their grid networks are able to accommodate energy demand from EVs.

EV, grid stability and charging infrastructure funding

This month, the UK government set aside £20 million ($25.9 million) to support vehicle to grid (V2G) research and development projects.

The funding will be issued through the Department of Business Energy and Industrial Strategy and the Office for Low Emission Vehicles to projects starting in early 2018.

According to the Renewable Energy Magazine, the announced funding will help the region create a smart energy system at the same time help increase the adoption of electric vehicles.

The development will help the UK reduce its carbon emission by both reducing the emission of carbon from both the transport and energy sectors.

With V2Gs, consumers are able to feed excess energy back into the utilities’ grid networks as well as into their residential home battery energy storage systems to meet demand during peak periods.

The UK government is confident an increase in adoption of V2Gs will help utility companies to increase their portfolio of renewable energies.

Currently, the UK has 100,000 EV drivers using some 11,000 charging stations.

UK Minister of State for Climate Change and Industry. “Vehicle to grid technology provides another opportunity for the UK to showcase to the world our leading expertise in research and development which is at the heart of our ambitious Industrial Strategy. “

The UK government has to date invested £600 million ($77.9 million) in financial support for the transition to ultra-low emission vehicles. Read more...


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