Pixie Chart of the week | Peak load from EV uptake manageable: McKinsey

We review a recent article by management consultants McKinsey & Company, The Potential Impact of Electric Vehicles on Global Energy Systems in this week’s Chart of the week. The research that found that power demand increases due to EV uptake are likely to be manageable. Impacts on the electricity load curve, however, will be significant.

Using Germany as an example, McKinsey shows that EV growth is likely to lead to approximately 1% additional demand. This will require an additional generation capacity of ~5GW. By 2050, there will be a 5% increase. These are fluctuations that the electricity system should be able to absorb.

To keep reading, please log in to your account

Related thinking

E-mobility and low carbon

Taking charge: are they ready? Local authority charging infrastructure plans

Electric vehicle (EV) uptake and public charge point installs have increased rapidly over the last few years, but to support the next wave of EV drivers, the public charging network needs to be improved. Government has outlined the leading role it expects from local authorities (LAs) in planning and delivering...

Commercial and market outlook

It’s finally happening; EV market hotter than ICE in 2022! Is the NEM ready?

For the first time in 30 years, Australia’s highest-selling mid-size vehicle is not a Toyota Camry - running an internal combustion engine (ICE). As reported by 7 news, it has been replaced by the Tesla Model 3. This piece of information demonstrates that the EV uptake in Australia is achieving...

E-mobility and low carbon

Energy crisis prompts peak prices at public charge points

Last month, three charge point operators (CPOs) rolled out dynamic pricing across their public networks, offering drivers lower rates for charging at off-peak hours, and higher prices during times of peak demand. In this week's 'Chart of the Week', we’ll look at the three tariffs introduced and ask what it...

Commercial and market outlook

EV uptake set to transform the grid in the Australia – but how much?

Electric vehicles (EVs) are slowly becoming more popular in Australia, with new car sales increased during the last two years. Although Australia is behind in EV deployment compared to other countries, Federal and state governments have taken serious steps to accelerate EV uptake. Therefore, EVs could play a significant role...

E-mobility and low carbon

Winds of change: World EV Day

The energy crisis is hitting vehicle running costs for both electric vehicles (EVs) and internal combustion engine (ICE) cars. In this week's 'Chart of the Week', we focus on World EV Day by taking a look at one of the areas we have been tracking – public charging – and...

E-mobility and low carbon

Not all doom and gloom: Public EV charging pricing

For electric vehicle (EV) owners wanting to use the public charging network, there are a range of membership and pricing structures available across the different charge point operators (CPOs) across the UK. Rising costs have been an all-too common headline over 2022, and in this 'Chart of the week', we...

Low carbon generation

Electric Vehicles vs reactive power controllability of inverter-based resources

Electric Vehicles (EVs) are quickly plugging into electricity distribution systems (EDS) around the world. Their take up introduces new challenges due to their random and high energy consumption. One of the important challenges associated with integrating EVs into EDS is voltage imbalance due to EV uptake in residential areas. This...

E-mobility and low carbon

I can see clearly now: ZEV mandate to provide path to 2030 new ICE vehicle phase-out

The last few weeks have seen several policy documents and consultation responses from the government published in the electric vehicle (EV) world, against the back-drop of record-breaking EV sales. In this 'Chart of the week', we explore the latest consultation conclusion from the Department for Transport (DfT), outlining proposals on...