Electric Vehicles as Distributed Energy Resources
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The electric vehicle market is one of the most rapidly changing and fastest growing high-tech sectors in the global economy, representing the beginnings of a demand-side opportunity like no other: intelligent, interactive electricity demand.
WHY IT MATTERS
If utilities anticipate the load of charging EVs and plan for it proactively, they can capture numerous benefits for the grid and for their customers. But respond too late and reactively, and utilities will encounter significant challenges and investments.