Post by T&E

NEW: Europe’s growing EV fleet has a key role to play in the electricity grid of the future. But the electricity system could be one of the biggest victims of slashing the EU’s EV targets. 🚗⚡️ By providing ‘batteries on wheels’, EVs with vehicle-to-grid (V2G) technology are set to fundamentally rewire the math of the electricity sector. V2G allows EVs to push power back into the grid when there is a shortfall. But fewer cars would mean less storage capacity for the grid to absorb excess wind and solar energy and feed back at times of peak electricity demand. In a new study for T&E, Fraunhofer ISI assessed the diminished potential of V2G if EU car CO2 targets are weakened as the car industry lobby ACEA has demanded. If car industry demands are met, this could mean 𝟰𝟵 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗳𝗲𝘄𝗲𝗿 𝗘𝗩𝘀 on Europe’s roads in 2040. Fraunhofer found that with fewer ‘batteries on wheels’ available to feed into the grid at times of peak demand, EU countries would instead have to provide new power generation equivalent to building 𝟭𝟱𝟬 𝗲𝘅𝘁𝗿𝗮 𝗽𝗼𝘄𝗲𝗿 𝗽𝗹𝗮𝗻𝘁𝘀. Fewer EVs would also mean an additional €𝟮𝟳.𝟵 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝘀𝗽𝗲𝗻𝘁 𝗼𝗻 𝗳𝘂𝗲𝗹 for fossil-fuel cars a year and 𝟳𝟭 𝗧𝗪𝗵 𝗼𝗳 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗯𝗮𝘁𝘁𝗲𝗿𝘆 𝘀𝘁𝗼𝗿𝗮𝗴𝗲 lost. It would change the business case for renewables and suffocate solar deployment. See the full impact of weakening the car CO2 targets on V2G’s potential to transform our electricity grid in the report ➡️ https://lnkd.in/eg-3Kc5M #VehicletoGrid #V2G #carCO2targets Geert De Cock