Australia’s pledge to reach net-zero emissions by 2050, with approximately 15 per cent of reductions to come from electric vehicles (EVs) is both a challenge and an opportunity.
While more EVs could place increased pressure on the grid, due to their charging requirements; increasing the number of EVs in circulation has the potential to enhance grid security and smooth renewable generation – but only if consumers are prepared to use their vehicles in this way.
This University of Queensland project investigated whether a flexible approach to managing EV load and storage with price incentives could benefit consumers and shift charging times.
The research found that EV owners are very responsive to incentives to shift when they charge their vehicles, and that even with current technology and charger availability, a large proportion of charging can be shifted to the middle of the day. This is great news for the potential to use electric vehicles to support the transition to a renewable grid. It is also beneficial for consumers as this can help reduce power prices and improve reliability.
