CleanTechnica•about 1 month ago
150 New Power Plants: The Cost of Balancing the Grid If the EU Slashes EV Targets
Key Takeaway
EU policy decisions on EV targets will profoundly impact the scale and cost of grid balancing infrastructure, potentially creating significant demand for new flexible generation capacity if EV adoption slows.
AI Summary
- •Slashed EU EV targets could necessitate 150 new conventional power plants to balance the grid, significantly increasing the cost of the renewable energy transition.
- •Electric Vehicles (EVs) are presented as crucial 'batteries on wheels' that provide grid flexibility, reducing the need for new dispatchable generation capacity.
- •Policy decisions regarding EV adoption in the EU directly impact future grid infrastructure requirements and electricity market costs for developers and large consumers.
Topics
capacity-marketccgtemissionspolicysolarstoragewind
Article Content
Scaling back the EU’s electric car targets makes the transition to renewables far more expensive to achieve. Europe’s electricity system could be one of the biggest victims of plans to scale back electric vehicle targets. By providing ‘batteries on wheels’, EVs are set to fundamentally rewire the math of the ... [continued] The post 150 New Power Plants: The Cost of Balancing the Grid If the EU Slashes EV Targets appeared first on CleanTechnica .