Deploying analytics as EV penetration increases
Once a niche product, EVs are coming into the mainstream. In the United States, registrations for EVs have grown at an astronomical 55% compound annual growth rate (CAGR) from 2011 to 2016 . According to a recent AAA survey, one in five U.S. drivers desires an EV for their next car.
For utilities, EVs offer a clean alternative and allow capture of underused renewable capacity on the grid. They also provide a new revenue stream, and, with the prospect of vehicle to grid power, additional flexibility for grid operations. That said, EV adoption has implications for grid infrastructure and operations, where analytics will be critical.
For more info see – Deploying analytics as EV Penetration Increases, July 2018.