PJM/Better Place study finds unmanaged charging of 1M electric cars could add $750M in annual wholesale energy costs; need for CNO-managed smart charging
Green Car Congress
JULY 12, 2011
Conversely, smart charging one million electric cars via a central network operator can cut in half the increase in wholesale energy costs compared to ad hoc charging or time-of-use pricing while reducing driving costs by one-fifth. —Hugh McDermott, Vice President of Utility and Smart Grid Alliances for Better Place.
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