With the predicted rise in electric vehicle (EV) adoption—owing to its affordability, advanced technology and the associated incentives—the demand for electric power is expected to increase. How can electric companies harness the future of mobility to address their longstanding challenges such as stagnant demand, lack of integration of a growing pool of distributed and renewable energy resources, and the inability to engage customers?
This report explores how EVs can act as a powerful grid management tool for adding critical flexibility and being the “killer app” that helps utility companies to increase customer engagement. It also talks about how utilities can, in turn, promote and prepare to support this new mobility ecosystem.
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