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A recent study from Imperial College London, in partnership with UK energy company Drax Group, investigated the green credentials of different types of vehicles, to put to bed the question “are EVs genuinely better for the environment?”
It concluded that, yes, going electric is definitely a win for reducing emissions. However, the premium electric models coming to market today have a considerably greater carbon footprint than the electric models of the past. I want to explore this market development further; could it be that customer desire for range will actually drive up carbon emissions?
The UK has an opportunity to incorporate smart technology and Internet of Things (IoT) into its physical, energy and transport infrastructure, to improve public services and the overall quality of life for its citizens. Over the past few years, the National Government and UK Local Authorities (LA) have been taking proactive steps to implement and support this smart city transition, with key cities such as Bristol, London and Manchester pledging carbon neutrality by 2050 or earlier.
City-wide and integrated approach
Matching supply with customer demand is a similar challenge for traditional electricity network players and those entering the world of eMobility.
Electricity grids are designed to accommodate peak electricity demand so that the lights stay on during that coldest of frosty evenings in mid-winter. At the same time, car companies are exploring how to bring their brand-new electric vehicles to a market where customers expect to drive that one long-distance journey to visit relatives each year without running out of fuel.
With electric vehicles making an increasing impact at the forefront of the energy transition, it makes sense to consider the impact of electric vehicle fleets and the value chain of fleet EV charging that businesses can take advantage of. In advance of the team’s upcoming webinar, we spoke to Delta-ee electric vehicle expert Alex Lewis-Jones to learn more about this research.
How do you define a fleet?
Earlier this year, my colleague Philippa Hardy wrote about the launch of OVO Energy’s Vehicle-2-Grid charger. This Vehicle-2-Grid (V2G) charger is set to be used in project Sciurus, one of eight Innovate UK V2G demonstration projects launched this year. From this summer, the projects will begin distributing thousands of these units across the UK, as the largest ever deployment of V2G technology across Europe.
While exciting and poised to revolutionise electricity markets, V2G remains at this demonstration phase rather than being fully ‘commercialised’. We recently reviewed the current status of this V2G market and in this blog we share some key findings.
BP has announced the purchase of the UK’s largest charge point supplier and operator, Chargemaster. It is the latest in a string of acquisitions in the battle for the Electric Vehicle (EV) customer and BP appears to follow in the footsteps of Shell, its key oil major rival. What then does the EV business mean for the business model of an oil major?
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