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conix

07/18/23 8:55 AM

#79580 RE: rolvram #79575

The current power grid could handle a 50% EV adoption rate now. Meaning that the utilities are going to have to build more power plants and increase power bills.

https://cars.usnews.com/cars-trucks/features/can-the-nations-electrical-grid-support-electric-cars

EV owners are being "subsidized" by the non-EV consumers, but they will start to change as utilities assess higher rates to pay for the increased investment.

EV's are NOT the sustainable solution everyone makes them out to be. Lithium mining use fossil fuels. Electricity is often generated with fossil fuels. You cannot replace all fossil fuels with wind and solar. Especially when you are INCREASING the demand for electricity with EV's.

Toyota has it right--non-plug in hybrids is the most efficient way.

Meanwhile... you invest in the "story" , not the reality. People invest in TSLA because ---other people buy not the story. When it comes down to it, it is not about being righ...but being profitable in your investing and trading.

IMO

pickthemright

07/18/23 10:03 AM

#79584 RE: rolvram #79575

No we don’t most city utilities in small town USA can’t even provide enough power for stations to install dc fast chargers ! And on top of that most homes don’t have enough service for a level 2 fast charger as they require 80 amps of service . How many home have 80 amps extra available not many . Cart is way in front of the the horse on infrastructure across the country .

Scumbag Fraudsters

07/18/23 11:10 AM

#79589 RE: rolvram #79575

That's malarkey.

While the Sun may have "unlimited amounts of available energy," Earth unfortunately, does not. Nor does the United States of America.

Virtually unlimited power may be available in the form of geothermal, wind, wave, solar, hydro, nuclear, (fusion someday?) etc., but on a practical level most of that capacity is yet to be tapped.

Why do you think new solar and wind farms keep being added? Why do you think Eco Wave Power (Nasdaq: WAVE) is building their first U.S. wave-power generation project? Why do you think the first nuclear reactor built in the U.S. in more than 40 years is about to go online in Georgia?

Because the grid NEEDS MORE POWER (green power, preferably).




Many of the problems for charging EVs lie not in the generation of power, but in its distribution to places like your garage (still need to figure out how the 17% of Americans who live in apartments or condos will charge theirs). It doesn't matter how much power is being generated if the antiquated grid can't deliver it to where it's needed when it's needed.

Do you recall the Texas power crisis in 2021? More than 4.5 million homes and businesses were left without power, some for several days. According to the Electric Reliability Council of Texas (ERCOT), the Texas power grid was "seconds or minutes away from" complete failure when partial grid shutdowns were implemented. At least 246 people were killed directly or indirectly, with some estimates as high as 702 killed as a result of the crisis.

It didn't matter that unlimited amounts of available energy might have been available from neighboring states, because ERCOT's power grid couldn't deliver it to its customers. How do you expect people to charge EVs when they couldn't even charge their phone or turn on a heater to keep from freezing to death?

That was two years ago, before millions more electric vehicles began sucking from ERCOT's teets.

In September 2022, a heat wave pushed California’s electric grid to the brink of rolling blackouts. That was less than a year ago, and millions of people did not have access to unlimited amounts of available energy.

Can the Power Grid Handle the Growing EV Demand?

Despite the big increase, this new level of demand is manageable. But it will take planning on the part of utility companies in order to handle it well. Without proper preparation, a scenario in which our busiest cities see their electrical grids regularly overloaded during peak-demand times is not at all far-fetched.

The good news is that, even though electric cars will take over eventually, the change in electrical demand won’t happen overnight. There’s time to plan and adjust, and utilities can do three things to prepare.


Expand, Upgrade and Transform the Grid


The first and most obvious thing utilities must do is continue working to transform the electrical grid. Much of today’s electrical infrastructure is outdated, and it certainly wasn’t made with a world of electric vehicles in mind.

Electrical feeders must be updated to handle a much larger load in many U.S. neighborhoods and business districts. But utilities also need to accelerate the move from a centralized grid to a more widely dispersed one that draws power from sources like residential solar panels rather than only a large central plant. A dispersed grid is better positioned to handle fluctuating demand and the natural surges that will come with more power-hungry EVs.


Improve V2G Integration

A key piece of creating a less centralized grid is establishing better vehicle-to-grid (V2G) integration. When EVs can give power back to the grid, utilities can, in effect, rely on them as a virtual extension of the existing infrastructure.

Some of this falls on auto manufacturers, which must produce more cars equipped with V2G charging capabilities. But it’s also incumbent on utilities to create the necessary buy-back programs and deploy the required software to easily draw power from EVs. Battery technology will catch up and improve what utilities and drivers can do with V2G, but utilities shouldn’t wait to start building these programs.