NEW STUDY: Lexington Institute -- HOW ELECTRIC VEHICLES CAN SUPPORT THE GRID
How Electric Vehicles Can Support The Grid
Many people recognize that electric vehicles benefit the environment, but
fewer realize the electric grid can operate more efficiently with these
cars. They are cheaper to maintain and operate than traditional cars and can
flexibly respond to grid demand by charging during off-peak times. With
their storage capability, electric cars can also incorporate more renewable
energy sources, provide backup power during outages and export electricity
to the grid.
Worldwide automakers are spending billions to create new electric vehicle
models. Even oil companies such as Shell, BP and Total are investing in
charging stations to benefit from this new market. However, automakers are
ahead of the customer when it comes to electric vehicles because their
advantages need to be better communicated to increase adoption. Read the
full report at the link below.
https://www.lexingtoninstitute.org/how-electric-vehicles-can-support-the-gri
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Ms. Rathna K. Muralidharan
Program Director
Lexington Institute
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