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Electric Vehicles to number 2.7 million cars by 2015 - IDC

06 October 2010 , Written by Dhruv Tanwar
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Two new research pieces from IDC Energy Insights suggest that the impending roll-out of Plug-in Electric Vehicles (PEVs) and their increasing commercially availablity will see their count increase to over 2.7 million by 2015. At this stage, IDC says, they can potentially wreck the electric distribution grid if managers do not plan for them.

electric_vehicleIDC said PEVs plugged into the global grid with 885,000 units in North America and over 780,000 in Europe, these vehicles will cause havoc on the distribution grid if they start appearing without any preparation by grid managers. The firm said utilities that prepare today for this new impending reality will win in the long term, and urged them to address the creation of novel rate structures that allow the utility to control how and when the vehicles are charged.

“These cars, or "mobile appliances" as the industry should think of them, also represent a significant new source of revenue and, if handled correctly, profit, as well as the chance to run the night-time generation queue more efficiently,” IDC said in its statement. It said while PEVs are a significant revenue opportunity for electric utilities, they come with challenges such as the potential of transformer overload due to PEV clustering and excessive energy borrowing when cars roam outside their utility region.
 

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