BAKU, Azerbaijan, May 23. Electricity demand for electric vehicles (EVs) in 2030 in the Announced Pledges Scenario is higher than total electricity generation in Japan in 2020, Trend reports with reference to the International Energy Agency (IEA).
However, IEA notes that energy demand for EVs accounts for only a minor share of global electricity consumption in 2030.
The report released by the agency reveals that electricity demand for EVs is projected to reach almost 780 TWh in the Stated Policies Scenario and over 1 100 TWh in the Announced Pledges Scenario in 2030. Notably, the Announced Pledges Scenario electricity demand is about 50 percent higher than in the Stated Policies Scenario, despite the stock of EVs only being 35 percent higher. This is in part because in the Announced Pledges Scenario, EV adoption accelerates in countries with relatively high average vehicle mileage, like the United States.
“Additionally, the share of BEVs out of total EVs is higher in the Announced Pledges Scenario and it is assumed that in countries with net zero pledges, a larger share of energy consumption in PHEVs is provided by electricity (as opposed to gasoline or diesel). This is particularly relevant for LDVs, which account for about two-thirds of demand in both scenarios. By 2030, electricity demand for EVs accounts for at least 2% of global final electricity consumption in both scenarios.
The EV fleet becomes an increasingly important factor for power systems in both scenarios, with its implications for peak power demand and transmission and distribution capacity being key considerations. Careful planning and fostering smart charging (managed charging to avoid contributing to peak load) is of crucial importance. Encouraging slow charging, the timing of which can be more easily managed to ensure optimal planning, smooth operation and resiliency of power systems, can also help. More than half of EV electricity demand in 2030 in both scenarios is via slow chargers,” says the report.
Follow the author on Twitter: @Lyaman_Zeyn