Annual demand from EVs for electricity could exceed 400 TWh by 2035 and it will create the largest opportunity for new load growth in a generation. The decarbonization of the transport sector and particularly the mass deployment of electric vehicles will be one of the most important challenges for the decades to come.
EVs will become a reality and increasingly relevant in the future, and they require Utilities to strategically position themselves from early on to access this opportunity. Energy Market has to supply reliable and widely available smart charging infrastructure: providing flexibility can become essential for companies to attract new customers and diversify their revenue streams. Utilities which will face the challenges that are coming up will be one of the main players within the e-mobility ecosystem.