It is common knowledge that electric vehicles (EVs) are cleaner alternatives to conventional vehicles. However, their role in the energy transition extends beyond cutting direct emissions, underlining their crucial importance. This is why policymakers across the globe are dedicating efforts to make the massive deployment of EVs a reality.
Under the International Renewable Energy Agency’s (IRENA) 1.5°C Scenario, the number of electric passenger cars needs to exceed 2 billion by 2050. Managing this growth and harnessing associated opportunities come with a challenge from a grid perspective. If policymakers want to minimize the cost of grid reinforcements, smart electrification strategies are considered essential.
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https://www.irena.org/News/articles/2023/Aug/How-your-car-can-help-power-the-energy-transition