There could be as many as 11 million electric vehicles on British roads by 2030 and 36 million by 2040, in what would be a major upheaval for the UK’s energy system. National Grid’s latest report on the future energy system overshoots the Government’s own targets which call for an end to petrol and diesel car sales by the same year. The acceleration of the electric vehicle market will bolster demand for electricity, which is already in relatively tight supply, but the dual growth in battery storage will dramatically reduce the amount of new power generation projects which will be needed. This time last year National Grid data estimated that the electric cars could increase peak demand electricity by as little as 8GW by 2030. In its latest report the same amount is likely to be needed only by 2040 if consumers charge vehicles at off-peak times and through vehicle-to-grid technology.
Telegraph 12th July 2018 read more »