4 ways that electric vehicles will impact utilities
 

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Though the number of electric vehicles is still relatively small, their impact at the local level is out of proportion to their numbers. If too many neighbors plug in their electric vehicles in their ...

Though the number of electric vehicles is still relatively small, their impact at the local level is out of proportion to their numbers. If too many neighbors plug in their electric vehicles in their garages at once, for example, the local transformer could go down.

Here are four ways that electric vehicles will impact utilities and actions they can take.

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4 ways that electric vehicles will impact utilities Presentation Transcript

  • 1. 44 Ways That Electric Vehicles Will Impact Utilities NO. 26E-Book SAP Center for Business Insight |Brief |Q&A |Case Study |Inquiry |E-Book
  • 2. E-Book: 4 Ways That Electric Vehicles Will Impact Utilities2 NO. 26©2013 SAP AG or an SAP affiliate company.All rights reserved. Though the number of electric vehicles is still relatively small, their impact at the local level is out of proportion to their numbers. If too many neighbors plug in their electric vehicles in their garages at once, for example, the local transformer could go down. Here are four ways that electric vehicles will impact utilities and actions they can take.
  • 3. E-Book: 4 Ways That Electric Vehicles Will Impact Utilities3 NO. 26©2013 SAP AG or an SAP affiliate company.All rights reserved. Source: Electric Vehicles: The Tipping Point for the Smart Grid Build and manage charging networks Form nongenerating resources Become a mobility provider Utility companies can do more than put power through a wire. They can: 1 Create New Business Models Around Electric Vehicles
  • 4. E-Book: 4 Ways That Electric Vehicles Will Impact Utilities4 NO. 26©2013 SAP AG or an SAP affiliate company.All rights reserved. Source: Electric Vehicles: The Tipping Point for the Smart Grid • Collaborate with businesses where drivers don’t mind waiting. Restaurants and retailers are two prime possibilities. • Use charging stations to generate additional revenue. Charging station manufacturers are putting LCD displays on charging stations and selling advertising space on them. • Partner with specialists. Contribute to building the charging network in return for a share of the revenue. Building charging networks is expensive. Utility companies have a number of options for reclaiming the costs: 2 Become Charging Providers
  • 5. E-Book: 4 Ways That Electric Vehicles Will Impact Utilities5 NO. 26©2013 SAP AG or an SAP affiliate company.All rights reserved. THERE’S ALSO THE OPPORTUNITY FOR … BI-DIRECTIONAL CHARGING, OR SMART CHARGING, WHERE ELECTRIC VEHICLES COULD ALSO FEED ENERGY BACK TO THE GRID. ” “ Christine Hertzog, Managing Director, Smart Grid Library Source: Q&A: Driving Global Electric Mobility 3 Use Electric Vehicles to Smooth Demand
  • 6. E-Book: 4 Ways That Electric Vehicles Will Impact Utilities6 NO. 26©2013 SAP AG or an SAP affiliate company.All rights reserved. Source: Electric Vehicles: The Tipping Point for the Smart Grid 4 Prepare for the Smart Grid To cope with the demands of millions of consumers plugging their cars into the grid, whether at home, at the office, or at public charging points, utility companies will need to manage demand with smart-grid systems that allow electric vehicles to draw from the grid during periods of low energy demand, such as during the overnight hours.
  • 7. E-Book: 4 Ways That Electric Vehicles Will Impact Utilities7 NO. 26©2013 SAP AG or an SAP affiliate company.All rights reserved. There’s More The SAP Center for Business Insight is a program that supports the discovery and development of new research-based thinking to address the challenges of business and technology executives. TO LEARN MORE ABOUT HOW ELECTRIC VEHICLES WILL IMPACT UTILITIES, READ ELECTRIC VEHICLES: THE TIPPING POINT FOR THE SMART GRID, AN IN-DEPTH REPORT FROM THE SAP CENTER FOR BUSINESS INSIGHT.
  • 8. © 2013 SAPAG or an SAP affiliate company.All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP AG. The information contained herein may be changed without prior notice. Some software products marketed by SAP AG and its distributors contain proprietary software components of other software vendors. National product specifications may vary. These materials are provided by SAP AG and its affiliated companies (“SAP Group”) for informational purposes only, without representation or warranty of any kind, and SAP Group shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP Group products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and other countries.Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices. SAP Center for Business Insight |Brief |Q&A |Case Study |Inquiry |E-Book NO. 26