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
Consumers who choose to leverage time-of-use (TOU) pricing can see some price relief—less than 10% annually—but the wholesale energy business would still feel the impact of ad hoc charging. hourly energy requirements of EVs and generate load inputs for PJM’s nodal pricing market model. Prices); and f) real-time LMPs.
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