As we discuss in our submission, implications for forecasting energy demand across the National Electricity Market (NEM) and the potential impact on future peak demand requirements should not be considered in the context of the worst-case scenario.
While undeniably the transition to a full EV fleet will be transformative on the energy supply chain, in reality, the worst-case scenario is unlikely to occur. EVs present significant opportunities to reduce costs and maximise benefits for all electricity users, particularly as they are likely to put downward pressure on unit network prices for all Australian consumers and reduce the potential level of future network investment in capacity.
As such, it is important that policy advice for the development of effective arrangements for EV smart charging is framed as an opportunity, not as a threat to the energy system.
Read our full submission here