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Executive Summary
Decarbonizing road transportation thanks to Electric Vehicles (EVs) is already deeply transforming the mobility industry. This trend will accelerate in the decades to come at rapid pace. But for this major shift to play out with actual benefits to society, one of the major challenges to be tackled remains that of EV charging. In fact, the lack of ubiquitous charging infrastructure could turn into a key bottleneck to a rapid transition to EVs. The cost of charging is also under intense scrutiny from the entire value chain, from consumers to system operators, and a key question is whether these costs can be optimized for rapid adoption. At the same time, with 300 to 500 million connectors to be installed by 2040, the EV charging infrastructure is clearly becoming one of the essential building blocks of tomorrow’s smart and decentralized energy system.
Tapping into the potential services provided by these chargers, smart charging will play a critical role into removing bottlenecks and accelerating adoption. Yet, extensive analysis of the potential added value of smart charging remains scarce. Besides, most existing policies have so far focused on public charging infrastructure, even though about 90% of the chargers are expected to be installed in households and commercial buildings. In this report, we demonstrate that both consumers and system operators can benefit from smart charging at a building level.
We deep dive into a detailed cost-benefit analysis of local charging optimization in households, multi-dwellings, and commercial buildings. We also explore the potential CO2 reductions and grid & system services it can provide.
EV Smart Charging in Buildings
