Electric Vehicles: Opportunities and Challenges for Utilities

Electric Vehicles: Opportunities and Challenges for Utilities

  • October 2019 •
  • 8 pages •
  • Report ID: 5822914 •
  • Format: PDF
This IDC Market Perspective analyzes the role utilities will play to support the development and deployment of electric vehicles (EVs). In particular, IDC focuses on outlining what are some of the key opportunities and challenges that utilities must address when participating in this increasingly electric (vehicle) world."The ability to precisely forecast electric supply and demand is changing with the expected growth in EVs and other forms of distributed clean energy such as solar, battery storage, and wind generation. Advanced distribution network planning and increased investment in the distribution system will be needed to maximize reliability and profitability particularly in areas with a high penetration of EVs," states John Villali, research director, IDC Energy Insights.
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