However, there could be a reasonable impact on when that peakload happens if everyone is coming home and charging their EVs at night.
As we know, the sun does not shine at night, meaning this new peakload will need some tweaks to the grid.
And here is the big problem; EV will be taken up mainly in suburban areas. These particular areas will need large and potentially expensive changes to their infrastructure. So expect your council tax to go up if you live in the ‘burbs.
How realistic is a 2030 target anyway?
It’s not really. Global pandemics, Brexit, the rise of populism - we’ve got enough to keep us occupied until 2080 as it stands.
At the moment there is no concrete plan and governments seem to just update their targets and commit a few billion here and there.
Also, to achieve “net zero emissions by 2050”, surely you have to consider the source of vehicle batteries. China, the leading producer of batteries, is the world’s largest CO2 polluter, producing 10.06 billion metric tons in 2018.
So if I am a fuel retailer, or in the industry, should I worry?
No, you shouldn’t worry, but you should care.
EV will continue to grow and be part of the mix of vehicles on the road.
Stations can benefit from accommodating EV drivers, but it’s still many years away from being essential.