Understanding the Long-Term Impacts of Electric Vehicle Charging

The number of electric vehicles (EVs) on U.S. roads is expected to increase dramatically in the next 5 to 20 years. To prepare for this growth, it’s critical for utilities to understand the full effect EV charging will have on long-term peak demand.

Utility peak demand is important because utilities must own generation assets or have power purchase contracts for enough generation capacity to satisfy their annual peak demand, plus a reserve margin. Planning and building new generation resources costs millions of dollars and often takes several years. Trying to obtain generation capacity from the market in a shortage situation can be even more expensive and generally results in higher rates for utility customers.

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Travis Bouslog, PE

Travis Bouslog, PE

Strategy and Innovation Manager

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