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I believe the concern is about growth. If a majority of people switched to EV the grid would be overwhelmed. [1] It is estimated that by 2030 about $125 billio
by LinuxBender 5y ago
I believe the concern is about growth. If a majority of people switched to EV the grid would be overwhelmed. [1] It is estimated that by 2030 about $125 billion would be required to upgrade the power infrastructure. That is based on just one study there are probably better ones.
[1] - https://www.washingtonpost.com/business/2021/10/13/electric-vehicles-grid-upgrade/ https://www.washingtonpost.com/business/2021/10/13/electric-...
- toomuchtodo 5y agoYou left out some context from the cited study [1]. > Total annual fuel savings of $12 billion/year relative to Internal Combustion Engine (ICE) vehicles translates to an estimated societal payback of 8.6 years to cover the costs of electric sector investments (7.2 years if GHG benefits are included) That's quite the ROI, and arguably the spending must take place regardless to decarbonize electrical generation and transmission. [1] https://www.brattle.com/wp-content/uploads/2021/05/19421_brattle_-_opportunities_for_the_electricity_industry_in_ev_transition_-_final.pdf https://www.brattle.com/wp-content/uploads/2021/05/19421_bra... (Slide 4, Key Findings)
- LinuxBender 5y agoAgreed. It will have to be done one way or another I just meant that we couldn't all just switch to EV's today without an overhaul of the system.