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 d/ __________________ Ms. Rathna K. Muralidharan Program Director Lexington Institute 1600 Wilson Boulevard Suite 203 Arlington, VA 22209 Main: 703-522-5828 <mailto:muralidharan@lexingtoninstitute.org> muralidharan@lexingtoninstitute.org <http://twitter.com/LexNextDC> <https://www.facebook.com/pages/Lexington-Institute/890521617655611?ref=tn_t nmn>
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