electric_vehicles

The Correlation Between Smart Meters and Electric Vehicle Adoption Rates

electric_vehicles

 

Smart meters could help add to the growing adoption of electric vehicles (EV) in the UK, according to a recently released survey, which says more than 8 million people in the UK are considering buying or leasing an EV in the next five years.

Smart Energy GB, the government-backed agency tasked with promoting the UK’s smart meter roll out, handled the survey. In it, the agency found that more than one-third of respondents said they would be more interested in buying an EV if they have a smart meter, while a third of drivers said they would be more likely to purchase an EV if they could program it to charge automatically at home when energy is cheapest.

According to businessgreen.com, advocates of EVs have long argued that smart meter and smart grid functionality would help ensure EVs are charged during periods of off-peak power demand, when costs are at their lowest. The ability to smooth out peaks and troughs in power demand could also help drive down overall costs and carbon emissions across the energy system.

The survey, titled “The Smart Route to Electric Vehicles,” details how smart meter functionality could help make domestic EV charging reliable, cheaper and greener.

Other EV Initiatives

In September 2017, EV100, an initiative among big-name companies to increase the adoption of electric vehicles, was launched. Similar to RE100 and EP100, EV100 focuses on helping businesses commit to various 100% targets that will help the environment and decrease a business’ carbon footprint. Launched in partnership with The Climate Group, EV100 consists of founding companies:

  • Baidu
  • Deutsche Post DHL Group
  • Heathrow Airport
  • HP Inc.
  • IKEA Group
  • LeasePlan
  • METRO AG
  • PG&E
  • Unilever
  • Vattenfall

According to cleantechnica.com, where RE100 seeks to accelerate the adoption of 100% renewable energy targets, and EP100 aims to increase the number of companies doubling their energy productivity, EV100 is looking to bring together companies committed to accelerating the transition to electric vehicles (EVs).

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