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. The joint study conducted by PJM and Better Place analyzed the impact of one million electric cars on the MidAtlantic States’ grid.
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