Smart Pricing, Smart Charging

Deck: 

Can time-of-use rates drive the behavior of electric vehicle owners?

Fortnightly Magazine - October 2011
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.

Recognizing the societal benefits of plug-in electric vehicles (PEVs), President Obama in his State of the Union speech set a national goal of putting 1 million PEVs on the road by the year 2015. Most benefits arise from a reduced dependence on imported oil and lower carbon emissions, in areas where marginal power generation comes from combined-cycle natural gas or renewable energy. Additional benefits arise because PEVs act as a bridge toward greater use of renewables—by building load during periods of high renewable generation output. Drawing from other work, we can estimate the present value of these gross societal benefits over the next four decades at $340 billion for the U.S. as a whole.1

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.