4 Ways That Electric Vehicles Will Impact Utilities

Transcription

1 E-Book NO Ways That Electric Vehicles Will Impact Utilities SAP Center for Business Insight Brief Q&A Case Study Inquiry E-Book

2 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. 2 E-Book: 4 Ways That Electric Vehicles Will Impact Utilities

3 1 Create New Business Models Around Electric Vehicles Utility companies can do more than put power through a wire. They can: Build and manage charging networks Form nongenerating resources Become a mobility provider Source: Electric Vehicles: The Tipping Point for the Smart Grid 3 E-Book: 4 Ways That Electric Vehicles Will Impact Utilities

4 2 Become Charging Providers Building charging networks is expensive. Utility companies have a number of options for reclaiming the costs: 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. Source: Electric Vehicles: The Tipping Point for the Smart Grid 4 E-Book: 4 Ways That Electric Vehicles Will Impact Utilities

5 3 Use Electric Vehicles to Smooth Demand 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 5 E-Book: 4 Ways That Electric Vehicles Will Impact Utilities

6 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. Source: Electric Vehicles: The Tipping Point for the Smart Grid 6 E-Book: 4 Ways That Electric Vehicles Will Impact Utilities

7 There s More 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. 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. 7 E-Book: 4 Ways That Electric Vehicles Will Impact Utilities

8 NO SAP AG 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 for additional trademark information and notices. SAP Center for Business Insight Brief Q&A Case Study Inquiry E-Book